India's New UPI Fee Takes Effect October 15, 2026
- —New UPI MDR rules take effect on October 15, 2026
- —A 0.4% charge applies to certain UPI transactions
- —Traders won't pay 0.4% directly, but payment costs may rise
- —INR liquidity and payment costs are key factors to watch
Why it matters: Higher UPI payment costs could make moving funds in and out of Indian crypto markets more expensive and weigh on trading volumes.
Source: Coin Edition