From October 15, UPI payments up to ₹2,000 remain free, while transactions above ₹2,000 may attract 0.40% MDR for merchants, subject to a maximum cap of ₹300 per transaction.
💳 ₹2,000 or below → No MDR
💳 Above ₹2,000 → 0.40% MDR
💳 Higher-value transactions → Maximum ₹300 per transaction
If you are a business owner, merchant, retailer, or UPI user, this is an important payment update to know.
📌 Save this post and share it with other business owners.
👉 Follow Shivafinz for simple updates on loans, credit, finance, banking, and money matters.
🌐 Website: www.shivafinz.com
📸 Instagram: https://www.instagram.com/shivafinz/
💼 LinkedIn: https://in.linkedin.com/company/shivafinz
▶️ YouTube: https://www.youtube.com/@Shivafinz
#UPI #UPIPayments #UPIUpdate #MDR #MerchantCharges #DigitalPayments #DigitalPayment #BusinessUpdate #BusinessOwners #SmallBusiness #Merchant #PaymentUpdate #BankingUpdate #FinanceUpdate #FinancialAwareness #MoneyMatters #Shivafinz