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FX live, 150 of 153 currencies refreshed 17 Oct 2026 from open.er-api.com (exchangerate-api.com). The remainder use a seeded reference rate.
NPCI · launched 2012
India's domestic card scheme. Debit RuPay carries zero MDR alongside UPI; credit RuPay is priced conventionally.
A scheme- or regulator-set rate, or a widely reported figure. Source: RuPay credit MDR; debit is zero-rated by mandate.
In force since 6 Jul 2025
0.60% effective
−10.8% relative · from 0.67%
−22.2% relative · 4 revisions
Online · percentage component
Rates are step functions: each level holds until it is replaced.
Every recorded change, newest first, with the movement from the rate it replaced.
6 Jul 2025 → current
18 Mar 2023 → 6 Jul 2025
Interchange mix shifted toward premium consumer credit cards.
26 Oct 2020 → 18 Mar 2023
1 Jan 2019 → 26 Oct 2020
Online pricing across every country where this method is available, with the cost on a NPR 100.00 payment for comparison.