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Strike Alert! 2 Oct is ‘No UPI DAY’ in India - UPI Payment Strike #shorts Analytics Table

Income Estimates for Strike Alert! 2 Oct is ‘No UPI DAY’ in India - UPI Payment Strike #shorts

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About Strike Alert! 2 Oct is ‘No UPI DAY’ in India - UPI Payment Strike #shorts

Explore Strike Alert! 2 Oct is ‘No UPI DAY’ in India - UPI Payment Strike #shorts with 2,637,095 views, 91,503 likes, and 615 comments. Experience the impact of this video content that has captured audience attention.

October 2 ‘No UPI Day’ Protest Planned Over Merchant Charges Mobile phone retailers and several other trade groups are calling for a “No UPI Day” on October 2 to protest a new merchant payment charge. Participating shops plan to stop accepting UPI payments for one day, with some traders proposing to cover their QR codes and payment devices with black cloth. Their objection is to a 0.4% merchant discount rate, or MDR, due to apply from October 15 to eligible UPI payments above ₹2,000. MDR is paid by the business accepting a digital payment. Traders say the added cost could hurt shops operating on thin margins. Person-to-person transfers and payments to qualifying small merchants are outside the charge. The All India Mobile Retailers Association has confirmed its call for the October 2 protest. The Maharashtra Chamber of Commerce, Industry and Agriculture has also backed the action. However, the Confederation of All India Traders, or CAIT, says it has neither announced nor endorsed a nationwide “No UPI Day.” For customers, that distinction matters. October 2 is not an announced shutdown of India’s UPI network. Whether a payment is accepted may depend on the individual shop and whether it joins the protest. The planned action comes before the new fee takes effect. Traders hope the one-day refusal will push the government to reconsider the charge; supporters of MDR argue it can help fund the systems that keep digital payments running. Subscribe to FactTechz In this video, the night light projector that I have showcased behind me is Desidiya Romantic LED Ocean Wave Night Light Crystal Projector 1 pc If you want to check it out, you can click on the Amazon India product tag affiliate sticker on this video.

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