India·Source-based summary

Who has to pay MDR on UPI andwho stands to gain the most? | Explained

What is the new UPI MDR system? Who will have to pay the charges? Which transactions will remain free? How much could banks and payment platforms earn?

This is a source-based summary, not original reporting by Ebenezer journalists. Source: The Hindu. Ebenezer published 16 Sept 2026, 07:58 am. Editorial policy.

Read the original report on The Hindu →

The Hindu16 Sept 2026, 07:58 amUpdated 1h ago1 min readIndiaIndia

India — The Hindu

Who has to pay MDR on UPI and who stands to gain the most? | Explained

What is the new UPI MDR system? Who will have to pay the charges? Which transactions will remain free? How much could banks and payment platforms earn?

This report is published with credit to The Hindu. The wire sent a summary; open the original for any extra context. Read on The Hindu →

Source: The Hindu. Published 16 Sept 2026, 07:58 am.

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