business
Why retailers will observe October 2 as 'No UPI' Day
If you walk into a mobile phone store on October 2 and find its UPI QR code covered with a black cloth, it is not a technical glitch, but because some
Bhavika Jain
TIMESOFINDIA.COMUpdated: Sep 30, 2026, 20:18 IST IST
Retail and distribution bodies say the new MDR on high-value UPI transactions could add thousands of crores to their costs. What exactly is changing, and why are traders protesting?
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