Paytm Confirms 0.4% MDR On UPI Payments Above Rs2000 From October 15

NPCI circular dated Sept 15 introduces up to 0.4% MDR on UPI P2M transactions above Rs2,000 effective Oct 15, 2026, with no customer charge; Paytm expects additional merchant-business revenue from previously free transactions, impact to be disclosed later. Context: confirms pending industry proposal central to payments-led model.