BusinessPneucons to Disable UPI Payments from October 10 Due to MDR Charges
Pneucons, an industrial marketplace, will stop accepting UPI payments starting October 10. The decision follows the government's imposition of a 0.4% MDR charge on orders above ₹2,000. According to the company's co-founder, this charge consumes 94% of their margins, significantly impacting their business operations.
Mint Companies·




