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NPCI delays UPI fee rollout until after Diwali

15 sourcesUpdated 13 Oct 2026, 8:56 am Coverage regionsGlobal · International · India
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NPCI deferred the Merchant Discount Rate rollout on select Unified Payments Interface transactions until after Diwali.

The decision was announced by the UPI and Services Steering Committee after concerns from merchant bodies and fintech firms about the timing during the festive shopping period.

The proposed framework includes a 0.4% fee on select UPI transactions above Rs 2,000.

One report says the delay gives merchants and payment companies additional preparation time during the busy festive season.

More context

Another report says the rollout was pushed to the second week of November after a meeting of the UPI Steering Committee.

The coverage agrees that the move affects selected person-to-merchant or select UPI transactions, not all UPI payments.

AGREEMENT VS DISAGREEMENT

What lines up. What splits.

A quick read on shared facts, changing details, and different emphasis.

What coverage agrees on

All accounts agree that NPCI pushed back the proposed UPI Merchant Discount Rate rollout until after Diwali, with the plan tied to select transactions and a 0.4% charge above Rs 2,000.

What is changing or disputed

What may still shift is the exact implementation timing, since one account says after Diwali while another places it in the second week of November. The precise scope of the selected transactions and any final rollout details could also be clarified later.

HOW COVERAGE DIFFERS

Same story. Different emphasis.

Swipe through the perspectives. Labels describe coverage framing, not truth or quality.

Neutral3

Neutral coverage consistently says NPCI postponed the proposed Merchant Discount Rate on selected Unified Payments Interface transactions until after Diwali. It attributes the decision to the UPI and Services Steering Committee and notes concerns from merchant bodies and fintech firms about the festive-season timing. The reporting also repeats the proposed 0.4% charge on transactions above Rs 2,000.

Distinctive emphasis — reported claim, not independently verified.Sources: India Today NE, Oneindia, WION
STORY TIMELINE

How the coverage developed

The latest eight dated reports, from earliest to newest.

GO DEEPER

Read the reporting

Scan each source take, then open the original article.

India Today NE Neutral framing Reported

UPI charges: NPCI postpones MDR rollout on select transactions after Diwali

Quick source take

The National Payments Corporation of India deferred the rollout of the Merchant Discount Rate on select Unified Payments Interface transactions until after Diwali. The decision, announced by the UPI and Services Steering Committee, responds to concerns from merchant bodies and fintech firms about the timing during peak festive shopping. The proposed framework includes a 0.4% fee on transactions exceeding two thousand rupees.

Oneindia Neutral framing Reported

UPI Charges Delayed Until After Diwali: NPCI Postpones MDR Rollout, Check Details

Quick source take

The National Payments Corporation of India announced the postponement of the proposed Merchant Discount Rate on selected Unified Payments Interface transactions until after Diwali. This delay gives merchants and payment companies additional preparation time during the busy festive season following industry concerns. The proposed fee structure outlines a 0.4% charge on selected person-to-merchant transactions above two thousand rupees.

WION Neutral framing Provisional rating

NPCI postpones UPI MDR charges rollout to post-diwali, second week of November

Quick source take

The National Payments Corporation of India delayed the rollout of Merchant Discount Rate charges for Unified Payments Interface transactions until the second week of November following a meeting of the UPI Steering Committee. The postponement aims to accommodate the ongoing festival season after initial plans targeted an earlier implementation date. The proposed MDR is set at 0.4 per cent for transactions exceeding two thousand rupees.