UPI’s rapid growth has expanded digital payments across India, supported by the zero-MDR framework since 2020. As the ecosystem enters its next phase, continued investment will be critical to deepen adoption and build a sustainable payments infrastructure. Our MD & CEO, Dilip Asbe, explains the rationale behind the proposed ₹2,000 threshold and 0.4% MDR, and how the framework aims to support long-term value for citizens, merchants and the wider ecosystem. Read the full conversation with The Times of India: timesofindia.indiatimes.com/… #UPI @TOIIndiaNews | @toi | @SidharthaTOI | @mayurshetty01 | @dilipasbe

Person-to-person transactions, merchant payments up to ₹2,000 (per transaction) and AutoPay (recurring payments) will continue without MDR. Small individual merchants receiving up to ₹1 lakh a month into their own accounts will also remain outside its ambit. Our MD & CEO, Dilip Asbe, explains the safeguards designed to ensure customers and small merchants are not impacted under the proposed UPI MDR framework. Read the full conversation with The Times of India: timesofindia.indiatimes.com/… #UPI @TOIIndiaNews | @toi | @SidharthaTOI | @mayurshetty01 | @dilipasbe

5% of the proposed UPI MDR collections will be allocated to a dedicated Small Merchant Fund, helping incentivise digital payment growth among small merchants. Our MD & CEO, Dilip Asbe, explains how the proposed framework aims to support small merchants while building a sustainable payments ecosystem. Read the full conversation with The Times of India timesofindia.indiatimes.com/… #UPI @TOIIndiaNews | @toi | @SidharthaTOI | @mayurshetty01 | @dilipasbe

Growing businesses need payment solutions that grow with them. The UPI MDR framework provides a pathway for micro merchants (P2PM) to transition to a proper mercant (P2M) setup, gaining access to services such as soundboxes, POS devices and other merchant solutions while continuing to receive transactions up to ₹2,000 without MDR. Dilip Asbe, MD & CEO, NPCI, explains how the framework is designed to support merchants through this journey. Read the full interview here: timesofindia.indiatimes.com/… #UPI @TOIIndiaNews | @toi | @SidharthaTOI | @mayurshetty01 | @dilipasbe

₹2,000 is the per-transaction threshold for MDR, not a daily limit. There is no cap on cumulative or repeat transactions below ₹2,000. In an interview with The Times of India, Dilip Asbe, MD & CEO, NPCI, explains the framework and addresses key misconceptions. Read the full conversation here: timesofindia.indiatimes.com/… #UPI @TOIIndiaNews | @toi | @SidharthaTOI | @mayurshetty01 | @dilipasbe