Traders call for nationwide No UPI Day protest on October 2

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Indian merchant associations are protesting a central government decision to introduce a 0.4% service charge on specific UPI transactions exceeding 2,000 rupees.
Participants intend to cover all UPI QR codes, online payment devices, and sound boxes with black cloth on October 2 to mark the day.
The protest aims to pressure the government to withdraw the UPI reforms scheduled for implementation on October 15.
Traders argue that the new charges will create an undue financial burden on small businesses with low profit margins.

Whether the government responds to the protests before the October 15 implementation date
Impact of the protest on the adoption of digital payments in India

1 report

Indian-language1

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Named India · Government of India · Maharashtra Chamber of Commerce, Industry and Agriculture

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