World & BusinessMadhya Pradesh traders protest UPI fee with ‘No UPI Day’
The Economic Times reports that traders covered payment QR codes with black cloth and encouraged customers to pay cash to protest a 0.4% UPI fee.
TLDR
Traders across Madhya Pradesh held a ‘No UPI Day’ protest against a 0.4% fee on UPI payments, The Economic Times reports. Trade organizations claimed participation in cities including Indore and Bhopal. The outlet says trade leaders urged the government to withdraw the fee before its scheduled October 15 implementation, arguing that consumers would ultimately be affected despite government assurances.
Madhya Pradesh traders protest UPI fee with ‘No UPI Day’
The Economic Times reports that traders covered payment QR codes with black cloth and encouraged customers to pay cash to protest a 0.4% UPI fee.
TLDR
Traders across Madhya Pradesh held a ‘No UPI Day’ protest against a 0.4% fee on UPI payments, The Economic Times reports. Trade organizations claimed participation in cities including Indore and Bhopal. The outlet says trade leaders urged the government to withdraw the fee before its scheduled October 15 implementation, arguing that consumers would ultimately be affected despite government assurances.