Report: NPCI receives multiple requests from merchant bodies, fintechs to delay UPI MDR rollout

Merchant bodies, fintechs and payments companies have asked the National Payments Corporation of India (NPCI) to delay UPI merchant discount rate (MDR) implementation until January 2027 , according to Moneycontrol . The requests came less than a week before the planned rollout. Sources told Moneycontrol that several payment industry bodies and merchants want the implementation postponed until after the festive season.