# UPI MDR will fund innovation, protect small merchants: NPCI’s Dilip Asbe

> Maybe, in the first year, we will collect Rs 13,000-15,000 crore, of which 5% will be allocated to the small merchant fund to incentivise digital-payment growth among small merchants.

- Published: 2026-09-22T17:00:28.874Z
- Updated: 2026-09-24T17:31:50.051Z
- 3 sources
- Topics: Politics
- Involves: Dilip Asbe, National Payments Corporation of India (NPCI), the government

## How it developed

- 2026-09-22T17:00:28.874Z - Times of India: [UPI MDR will fund innovation, protect small merchants: NPCI’s Dilip Asbe](https://timesofindia.indiatimes.com/india/upi-mdr-will-fund-innovation-protect-small-merchants-npcis-dilip-asbe/articleshow/134416263.cms)
- 2026-09-24T09:02:08.730Z - Hindustan Times: [UPI volumes will largely remain intact despite new MDR rollout: NPCI chief](https://www.hindustantimes.com/india-news/upi-volumes-will-largely-remain-intact-despite-new-mdr-rollout-npci-chief-101790236980090.html)
- 2026-09-24T17:31:50.051Z - NDTV: [UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources](https://www.ndtv.com/india-news/mdr-upi-charge-not-tax-96-transactions-wont-be-unaffected-government-sources-12093798#publisher=newsstand)

Read it on FeedAtom: https://www.feedatom.com/stories/upi-mdr-will-fund-innovation-protect-small-merchants-npci-611d4smbu5lywgwmbjby5mwci