BusinessTraders Cancel ‘No UPI Day’ Protest After Sitharaman’s Assurance
Traders' associations called off the planned ‘No UPI Day’ protest on 2 October after a meeting with Union Finance Minister Nirmala Sitharaman. The protest was against the Centre's proposed 0.4% merchant discount rate on UPI transactions above ₹2,000, effective from 15 October. Retailers had planned to cover UPI QR codes and scanners with black cloth to oppose the charge, citing burden on small retailers.
Mint·3h ago



