Mobile phone retailers to protest against UPI MDR charges on Oct 2

Economic Times - Sep 27, 2026

Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest UPI charges. The All India Mobile Retailers Association has expressed concerns over new charges affecting their earnings. Retailers will not accept UPI payments and will cover QR codes to symbolize their protest. The introduction of a 0.4 percent fee on transactions exceeding Rs 2,000 starts on October 15.

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