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Savings Effect

Savings Effect

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Indian stock Market news in real time. Instagram page - @savingseffect Youtube Chanel coming soon. Official email - admin@savingseffect.com

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A proposal to defer the introduction of MDR on UPI transactions to January 1, 2027, from October 15, 2026, is under consideration, according to people familiar with the matter. A final decision is expected in the next few days. Such deferment would keep UPI payments free for merchants through the festival season, which runs until Christmas, amid pushback from retail traders’ associations. The MDR is expected to take effect only after the festival period, sources said.

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