GENERAL24 Sept 2026
75% of merchants insulated from UPI MDR, says NPCI CEO Dilip Asbe
NPCI chief executive Dilip Asbe says about 75 per cent of merchants are insulated from UPI's merchant discount rate, or MDR. Most collections will come from very large firms: businesses with over ₹1,000 crore yearly gross merchandise value will pay about 80 per cent of total MDR. Small merchants should confirm with their bank whether any MDR applies to them.
Key Statutory Highlights
- NPCI chief executive Dilip Asbe said about 75 per cent of merchants are insulated from UPI's merchant discount rate.
- About 80 per cent of the total MDR value collected will come from businesses recording more than ₹1,000 crore in annual gross merchandise value.
- Dilip Asbe is the managing director and chief executive officer of the National Payments Corporation of India.
Actionable Advice for Taxpayers / Founders:If your business accepts UPI payments, ask your bank or payment provider whether any MDR applies to your transaction volumes, and review your payment costs rather than assuming it does not apply.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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