# UPI MDR: ‘Not a single penny’ will go to govt; earnings to be shared among banks and other entities, says report | Today News

> The new MDR is scheduled to come into effect from October 15 and will apply only to merchants accepting UPI payments exceeding ₹2,000.

- Published: 2026-09-24T18:30:03.739Z
- Updated: 2026-09-25T14:31:39.289Z
- 3 sources
- Topics: Economy, business and finance
- Involves: Financial Express, IDBI Bank, IDBI Bank strategic sale, Life Insurance Corporation (LIC), NPCI, UPI MDR, UPI rule change, a circular providing for MDR on certain UPI transactions, government, government sources

## How it developed

- 2026-09-24T18:30:03.739Z - LiveMint: [UPI MDR: ‘Not a single penny’ will go to govt; earnings to be shared among banks and other entities, says report | Today News](https://www.livemint.com/news/india/upi-mdr-not-a-single-penny-will-go-to-govt-earnings-to-be-shared-among-banks-and-other-entities-says-report-11790269413021.html)
- 2026-09-25T07:02:32.917Z - Telangana Today: [Govt evaluating financial bids for IDBI Bank strategic sale: Sources](https://telanganatoday.com/govt-evaluating-financial-bids-for-idbi-bank-strategic-sale-sources)
- 2026-09-25T14:31:39.289Z - Dharitri: [UPI Payment Rules: ₹୬,୦୦୦ ବିଲ୍‌କୁ ₹୨,୦୦୦ କରି ଭାଗ ଭାଗ କରି ପେମେଣ୍ଟ କରୁଛନ୍ତି କି? ଜାଣନ୍ତୁ କ’ଣ ରହିଛି ନିୟମ - Dharitri](https://www.dharitri.com/upi-payment-news-splitting-bills-is-not-illegal-but-it-could-cause-accounting-hassles-for-merchants/)

Read it on FeedAtom: https://www.feedatom.com/stories/upi-mdr-not-a-single-penny-will-go-to-0g4cxs2jxver6zwyv9y3vqfl9