The implementation of the new merchant discount rate (MDR) framework for UPI transactions may be deferred to January 1, 2027, from the earlier proposed rollout date of October 15, people familiar with the matter told FE. While no final decision has been taken, the proposed deferment is aimed at giving merchants and the payments ecosystem more time to prepare for the transition, particularly during the festive season, when digital payments and consumer spending typically see a sharp increase, the sources said, adding there would be no change in the framework announced already.