The Hindu·2 min read·medium

Traders stage protest demanding withdrawal of charges on UPI transactions

T
The Hindu Bureau
Traders stage protest demanding withdrawal of charges on UPI transactions
✦AI Summary

Traders in Dindigul district held a protest against the government's decision to impose Merchant Discount Rate charges on UPI transactions. They argue that these fees will negatively impact both merchants and the general public.

Why it matters

The protest highlights growing resistance among small business owners against the monetization of digital payment infrastructure in India.

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Merchants from various trade organisations in Dindigul district staged a protest near the Head Post Office here on Thursday demanding the Central government to withdraw the Merchant Discount Rate charges on specific UPI transactions.

The traders sent e-postcards to Union Finance Minister Nirmala Sitharaman urging the government to withdraw the charges. More than 50 traders and office bearers of various trade organisations in the district participated in the protest and raised slogans condemning the government’s decision to impose charges on UPI transactions.

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