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UPI Transaction Charges and New Rules: Will Your Payments Still Be Free?

calendar_today September 27, 2026 person Rishabh Ranjan domain cashfree

TL;DR: UPI New Transaction Charges & Rules Under the new rules for UPI transactions starting 15 October 2026, a 0.4% UPI Merchant Discount Rate (MDR) applies to bank-account-funded UPI person-to-merchant (P2M) payments above ₹2,000, capped at ₹300. Crucially, these new UPI transaction charges are paid on the merchant side, meaning personal UPI money transfers and […] The post UPI Transaction Charges and New Rules: Will Your Payments Still Be Free? appeared first on Cashfree Blog .

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