UPI MDR 2026 - merchant scanning UPI QR code payment on smartphone, India

UPI MDR 2026: What the New 0.4% Charge on Payments Above ₹2,000 Actually Means for Your Business

From October 15, 2026, NPCI is charging a 0.4% Merchant Discount Rate (MDR) on UPI payments above ₹2,000 made to merchants. Customers don’t pay anything extra – the fee comes out of the merchant’s side, split between banks, payment apps, and NPCI. Payments up to ₹2,000, all person-to-person transfers, and small shops collecting under ₹1 […]

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Flipkart Brings AI Agents

Flipkart Brings AI Agents to Shopping – Here’s What It Means for the Market

Flipkart just handed its fintech arm a job most e-commerce companies are still scared to try: let an AI make the purchase. Super.money, the payments platform Flipkart spun off from PhonePe’s fallout, is rolling out AI agents that shop on Flipkart on a customer’s behalf and buy gold automatically once prices hit a level the […]

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