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Daily Digest

Madhya Pradesh traders protest UPI MDR charges

Published Wednesday, September 23, 2026 · Updated September 24

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Narrative Spectrum

Convergent Narrative · 0
  • Single-Source Coverage1 source

What We Know — Key Points

  • On September 15, 2026, the National Payments Corporation of India (NPCI) introduced a charge of 0.4% on person-to-merchant (P2M) UPI payments above ₹2,000, effective from October 15, 2026.

What Is Claimed — Perspectives

Single-Source Coverage
  • The Hindu

    The article emphasizes the concerns of traders regarding the impact of the new UPI MDR charges on their business costs and potential inflation, highlighting their call for the government to reconsider the decision.

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