Petrol Pump Dealers Threaten to Halt UPI Payments Above Rs 2,000 Over MDR

Petrol pump dealers in Madhya Pradesh and other regions have warned they may stop accepting UPI transactions above Rs 2,000 starting October 15.

The threatened restriction is a protest against a proposed 0.4% merchant discount rate on UPI fuel payments, for which dealers are seeking a complete exemption.

Dealers argue that rising operating costs and unchanged fuel commissions make it impossible to absorb additional transaction charges, drawing concern from trade bodies like CAIT.