India’s planned rollout of UPI MDR (Merchant Discount Rate) requirements may be deferred until after the festive season, according to reports citing stakeholders. NDTV says traders’ bodies are seeking the delay, arguing for implementation either after major holiday shopping ends or in early next year.
The reports frame the potential change as a timing adjustment rather than a cancellation, with discussions focused on giving merchants time to prepare for the MDR-linked charges and processes associated with UPI transactions. India Today similarly indicates that the rollout timeline could be pushed back until the festive period concludes, aligning the implementation with merchants’ operational needs during peak retail demand.
The outlets do not provide a final government or regulator decision in the material provided, but they consistently describe a push from traders’ associations to move the effective date to reduce disruption for businesses during the holiday period.
