Government may allow fees on UPI payment above Rs 2k

TNN / Aug 05, 2026, 04:40 IST

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NEW DELHI: Govt is likely to allow a levy of 0.25% to 0.4% as merchant discount rate (MDR) or charges on UPI payments above Rs 2,000 made to businesses, while keeping payments made by one person to another outside the ambit.Nirmala Sitharaman on Tuesday, has sought to remove the bar on banks and payment service providers to levy MDR on notified electronic payment modes. Govt officials said there is no decision on when the proposal will be implemented.