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✦Reported by Moneycontrol.com

NPCI receives requests to postpone UPI MDR implementation to January 2027

NPCI receives requests to postpone UPI MDR implementation to January 2027
Source: Moneycontrol.com

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓The industry asked the NPCI to postpone the UPI MDR implementation to January 2027.
  • ✓Many stakeholders said they need more time to resolve confusion over varying rates and policies.
  • ✓Officials are currently discussing the matter with the ministry, and a final decision on the rollout is expected very soon.

Story at a Glance

Category
BUSINESS
Reported By
Moneycontrol.com
Reading Speed
1 Minute(s)
Market Focus
India Economy

Industry seeks more time to resolve confusion over MDR rates and their applicability across different UPI transactions

MDR implementation might be postponed

NPCI urged to postpone UPI MDR rollout to January 2027.

Industry cites confusion over varying rates and policies.

Decision expected soon amid discussions with the ministry.

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Verified Publication Source

Moneycontrol.com

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NPCI receives requests to postpone UPI MDR implementation to January 2027 | ArthNow