Check the official documents, effective dates, and merchant categories behind each calculation.
Rate table
| Transaction type | Amount | MDR / fee | GST treatment | Individual charge |
|---|---|---|---|---|
| Standard merchant UPI above ₹2,000 | Above ₹2,000.00 | 0.40%, capped at ₹300.00 | GST shown separately at 18% on MDR | ₹0.00 in supported official rules |
| Flat-fee sectors above ₹2,000 | Above ₹2,000.00 | ₹5.00 flat | GST shown separately at 18% on MDR | ₹0.00 in supported official rules |
| Capital markets / mutual funds above ₹2,000 | Above ₹2,000.00 | 0.02%, capped at ₹300.00 | GST shown separately at 18% on MDR | ₹0.00 in supported official rules |
| Small merchant / P2PM UPI | Any supported amount | No MDR | No MDR shown | ₹0.00 in supported official rules |
| UPI AutoPay / mandate | Any supported amount | No MDR | No MDR shown | ₹0.00 in supported official rules |
| Person-to-person UPI | Any supported amount | No MDR | No MDR shown | ₹0.00 in supported official rules |
Technical mapping
These mappings are used only when the public source is specific enough. The final payment category can still depend on the merchant's acquiring bank or payment provider.
| Institution | Public classification | MCC | UPI fee rule used |
|---|---|---|---|
| Hospital / Healthcare | Healthcare merchant; exact MCC assigned by acquiring bank | Not public | Standard merchant |
| School / College / University | Educational institution / fee collection | Not public | Could not be independently verified |
| Government | Government services | 9399 | Standard merchant |
| Electricity / Utility | Public utility payments | 4900 | Flat-fee sectors |
| Insurance | Insurance premium payments | Not public | Flat-fee sectors |
| Petrol Pump / Fuel | Fuel purchase | 5541 | Flat-fee sectors |
| Railway | Passenger railways | 4112 | Flat-fee sectors |
| Telecom | Telecommunication services | 4814 | Flat-fee sectors |
| Mutual Fund / Investment | Capital market transaction | 6211 | Capital markets |
| Stock Broker / Securities | Capital market transaction | 6211 | Capital markets |
| Supermarket / Grocery | Groceries and supermarkets | 5411 | Standard merchant |
| Restaurant | Eating places / fast food restaurants | 5812, 5814 | Standard merchant |
| Pharmacy | Drug stores and pharmacies | 5912 | Standard merchant |
| Hotel | Hotel / lodging merchant | Not public | Standard merchant |
| Travel | Travel merchant | Not public | Standard merchant |
| Jewellery | Jewellery / precious goods merchant | Not public | Standard merchant |
| Online Marketplace | Online marketplaces | 5262 | Standard merchant |
| Retail Store | General retail merchant | 5311, 5331, 5691, 5732 | Standard merchant |
| Small / Local Merchant | P2PM small merchant | Not public | Small merchant |
| Other Merchant | Regular P2M merchant unless a specific verified category applies | Not public | Standard merchant |
| Person / Friend / Family | Person-to-person UPI transfer | Not public | P2P transfer |
Evidence
Business Standard (reporting NPCI's 13 October statement)
Reports NPCI's postponement of the 15 October rollout until after Diwali, with the exact date to be notified separately. Corroborated by Moneycontrol and The Indian Express. NPCI's original notice could not be retrieved directly; no January 2027 date is treated as confirmed.
Published/effective: 13 Oct 2026 / Not specified
Last verified: 13 Oct 2026
Official sourcePress Information Bureau, Ministry of Finance, Government of India
Confirms individuals pay no UPI transaction fee, P2P and most small-merchant transactions remain free, standard P2M MDR above ₹2,000 is 0.40% capped at ₹300, selected sectors use a flat ₹5 fee, capital markets use 0.02% capped at ₹300, and banks must ensure merchants do not pass MDR to individuals.
Published/effective: 15 Sept 2026 / Not specified
Last verified: 12 Oct 2026
Official sourceNational Payments Corporation of India
Explains the select P2M framework, thresholds, caps, no individual charge, P2PM small merchant treatment, AutoPay exclusion, flat-fee categories, and capital-market MDR.
Published/effective: 15 Sept 2026 / Not specified
Last verified: 12 Oct 2026
Official sourceNational Payments Corporation of India
Circular register checked on 12 October. Subsequent reporting of NPCI's 13 October statement defers the original 15 October rollout; see the deferral source.
Published/effective: Not specified / Not specified
Last verified: 12 Oct 2026
Official sourceRuPay / National Payments Corporation of India
Describes RuPay credit cards as a supported UPI-linked payment account for merchant payments and notes that P2P, P2PM, cash withdrawal, and card-to-card payments are not permitted.
Published/effective: Not specified / Not specified
Last verified: 12 Oct 2026
Official sourceCanara Bank
Shows one acquiring bank's category-based merchant rates for RuPay credit-card UPI payments above ₹2,000, states that 18% GST is additional, and makes clear that the merchant's assigned MCC determines the final rate.
Published/effective: Not specified / 01 Jun 2026
Last verified: 12 Oct 2026
Official sourceGoogle Pay for Business Help
States that RuPay credit cards, credit lines, and wallets on UPI can attract merchant MDR plus GST, that MDR depends on business category, and that turnover can affect whether MDR applies above ₹2,000 or on all payments.
Published/effective: Not specified / Not specified
Last verified: 16 Sept 2026
Official sourcePress Information Bureau, Ministry of Finance, Government of India
States that GST is levied on charges such as MDR where applicable; when no MDR is charged, there is no GST on MDR.
Published/effective: 19 Apr 2025 / Not specified
Last verified: 16 Sept 2026
Official sourceCentral Board of Indirect Taxes and Customs
Financial and related services are generally taxable at 18%; GST, where applicable to payment-processing fees, is on the fee/service value.
Published/effective: 28 Jun 2017 / 01 Jul 2017
Last verified: 16 Sept 2026
Official sourceNational Payments Corporation of India
States that acquiring banks allocate MCC during merchant onboarding, and lists public UPI transfer limits for normal UPI and some specific categories.
Published/effective: Not specified / Not specified
Last verified: 16 Sept 2026
Official sourceNational Payments Corporation of India
Publishes UPI merchant category classification by MCC and notes that MCCs are allocated by acquiring banks and published by NPCI on an as-is basis.
Published/effective: Not specified / Not specified
Last verified: 16 Sept 2026
Official source