UPI transactions rise 27% to 145 billion in H1 FY27 ahead of new MDR​on October 3, 2026 at 4:34 am

UPI has recorded significant transaction growth, processing 145 billion transactions in the first half of the financial year. The value of these transactions increased to Rs 177 lakh crore, reflecting a notable rise. A new merchant discount rate will be introduced on October 15, applying to high-value UPI transactions. Most everyday merchant transactions will remain free, with certain services facing a flat fee structure.