BusinessMP Petrol Pumps to Ban UPI Payments Above Rs 2,000 from Oct 15
From October 15, petrol pumps across Madhya Pradesh will stop accepting UPI payments exceeding Rs 2,000. Dealers oppose the 0.4% Merchant Discount Rate (MDR), citing financial losses and worries about the impact on rural consumers. This decision reflects concerns over the cost burden on fuel retailers and the accessibility for customers in rural areas.
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