Daily Digest
Madhya Pradesh traders protest UPI MDR charges
Published Wednesday, September 23, 2026 · Updated September 24
Narrative Spectrum
- Single-Source Coverage — 1 source
What We Know — Key Points
Key points are extracted by an AI model and may contain errors or omissions. Always check the original sources.- 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.
- Read original →· Sep 24
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