Tag Payments Regulation

Payments

India’s UPI MDR Starts Oct 15: What the 0.4% Merchant Fee Means for Fintechs and Merchants (Oct 2026)

India will start charging a merchant discount rate (MDR) on some Unified Payments Interface (UPI) payments on Oct. 15, 2026. The fee is 0.4% on person-to-merchant (P2M) payments above ₹2,000, capped at ₹300, and it ends the zero-MDR regime UPI…

Michael Carter
October 8, 2026

Payments

Kenya National Payment System Bill Consultation Closes Oct 9: Licensing, Open Finance, and Capital (2026)

Kenya’s National Treasury and the Central Bank of Kenya (CBK) want to replace the 2014 payments statute with a full rewrite covering licensing, capital, open finance, interoperability, and trust-account rules. Public comments close on Friday, Oct. 9, 2026. TLDR The…

Sarah Whitmore
October 6, 2026

India’s UPI MDR Starts Oct 15: What the 0.4% Merchant Fee Means for Fintechs and Merchants (Oct 2026)

Kenya National Payment System Bill Consultation Closes Oct 9: Licensing, Open Finance, and Capital (2026)

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