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India Delays UPI Merchant Fee Rollout Until After Diwali

The government postpones the October 15 implementation of the Merchant Discount Rate to avoid disrupting festive shopping and allow payment companies more preparation time.

2 publishers · 3 articles · first seen 12 Oct 2026 · updated 4h ago

The story so far

2 publishers have covered this in 3 articles since 12 Oct 2026. Times of India published first, on 12 October at 11:30 UTC; TechCrunch followed 25h 55m later. The most recent article, from TechCrunch, appeared on 13 October at 13:25 UTC.

Outlets reporting it: TechCrunch (major outlet), Times of India.

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How it unfolded

Every source in the order it published.

  1. Times of IndiaIIT-B report wants UPI MDR cut; says banks should forgo their share
  2. Times of IndiaMDR on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali
  3. TechCrunchIndia delays digital payments fee rollout amid retailer pushback

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. India delays digital payments fee rollout amid retailer pushback TechCrunch ·
  2. MDR on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali Times of India
  3. IIT-B report wants UPI MDR cut; says banks should forgo their share Times of India

In this story

  • NPCI
  • UPI
  • IIT-B
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