UPI@10: How platform changed the way we pay

The Times of India has reported a new India-focused technology development: “UPI vs credit cards: What should you choose for payments after MDR?.” The publisher's feed describes the story as follows: <![CDATA[The overall value of a transaction depends on several factors including the payment mode, transaction value, the applicable MDR (if any), and the value-back attached to the payment method. This becomes particularly relevant as UPI increasingly intersects with the credit card ecosystem thro

The Times of India has reported a new India-focused technology development: “MDR on UPI may now take effect in January 2027.” The publisher's feed describes the story as follows: <![CDATA[The rollout of the merchant discount rate on UPI transactions has been postponed to January 2027. This decision follows requests from trade bodies concerned about potential impacts on festival season sales. The new fee structure was originally set to take effect on October 15, giving stakeholders only a month

The Times of India has reported a new India-focused technology development: “No MDR on UPI from October 15? Government considers delaying rollout of fees: Report.” The publisher's feed describes the story as follows: <![CDATA[MDR on UPI: Last month, the government ended the zero-fee regime for UPI by allowing merchants to be charged 0.4% on transactions above Rs 2,000. UPI is used by more than 500 million people across the country for payments ranging from roadside cups of tea to iPhones. The c

India’s Unified Payments Interface is evolving from a way to move bank deposits into a channel for borrowing. RuPay credit cards and pre-sanctioned bank credit lines can bring formal finance closer to everyday purchases. But a familiar payment interface can conceal unfamiliar obligations. The next phase of digital public infrastructure should be judged by transparent pricing, sustainable lending and effective redress—not transaction growth alone.