BusinessAI imageFuel Pumps Refuse UPI Payments Above Rs 2,000 Due to New Fee
Fuel pumps have warned they will not accept UPI payments exceeding Rs 2,000 due to a new merchant discount rate (MDR) fee. Traders in Ghaziabad and Kerala have put up notices and threatened to discourage UPI usage, citing dwindling margins. Some shopkeepers plan to ask customers to pay in cash starting October 15 to protect their interests.
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