Exclusive news and data that keep market professionals aheadThursday, September 24, 2026
News
Photo
Video
Infographics
Archive
Download Center
Press Releases
Traders' bodies to observe Oct 2 as 'No UPI Day' to protest against MDR
Published: 24/09/26 12:34
Mumbai | India
Mumbai, Sep 24 (UNI) The Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) has called for October 2 (Gandhi Jayanti) to be observed as 'No UPI Day', to protest against the 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions above Rs 2,000, from October 15, MACCIA President Ravindra Mangave stated here on Thursday. Various traders' organisations across the country have also decided to protest on Gandhi Jayanti (October 2) by following the path adopted by Mahatma Gandhi and covering UPI scanners, QR codes, sound boxes and other related devices with black cloth as a mark…