🤫 Relax, Your UPI Is Still Free
Published by OOPSONLINE.IN · Source: scanx.trade · 1 min read · · Updated
😂 OOPS SAYS
So we still pay absolutely nothing, but merchants are about to start looking at our ₹2,001 UPI transactions with extreme suspicion.
What actually happened
NPCI introduces up to 0.4% MDR on UPI P2M transactions above ₹2,000. New fee structure effective from October 15, 2026. One Mobikwik expects revenue as TPAP and acquirer on eligible GMV. UPI payments remain free for end-users per circular guidelines. Company views development as enabler for scaling merchant business.
Key points
- NPCI introduces up to 0.
- 4% MDR on UPI P2M transactions above ₹2,000.
- New fee structure effective from October 15, 2026.
- One Mobikwik expects revenue as TPAP and acquirer on eligible GMV.
Summary based on data provided by scanx.trade. Full article available at the original publisher.
- #business
- #npci
- #introduces