Back to rules directory
p2mStatus: published
Small QR merchants (up to ₹1 lakh a month): Zero MDR
Street vendors and neighbourhood shops in the P2PM class — receiving up to ₹1 lakh a month through a UPI QR into their own account — stay at ₹0 MDR on every ticket.
Machine Readable Rule Specification Block
Rule ID: rule-p2m-small-merchant
Status: published
Payment Type: p2m
Effective From: 2026-10-15
Consumer Fee: ₹0
Fee Type: free (free)
Fee Cap: None
Source: PIB PRID: 2310586
Calculation Formula & Mechanics
P2PM small merchant: Consumer Fee = ₹0, MDR = ₹0
Applies To
UPI QR collections into the merchant’s own account, up to ₹1 lakh a month.
Does Not Apply To
Larger registered merchants, gated checkouts, and aggregators above that monthly inflow.
Official Regulatory Attribution
Organization: Ministry of Finance, Government of India
Document Identifier: PIB PRID: 2310586
Publication Date: 2026-09-15
Last Verified: 2026-09-18