Government moves to enable MDR on UPI, RuPay debit payments to large merchants
A proposed amendment would remove the no-charge exemption for UPI and RuPay debit-card payments accepted by businesses with turnover above Rs 50 crore, potentially bringing MDR costs back for large marketplaces and retailers.
Finance Ministry proposes removing the no-charge exemption for UPI and RuPay debit-card payments by businesses above Rs 50 crore turnover, enabling MDR charges for large merchants including Amazon and Flipkart.
Why this matters
The proposal follows UPI's July scale-up, when it averaged 76.3 crore daily transactions and reached a record ₹29.88 lakh crore in monthly transaction value across 23.66 billion payments.
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