1. Petrol pumps may stop UPI payments above Rs 2,000 from October 15

Petrol pumps may stop UPI payments above Rs 2,000 from October 15

World

  • Petrol pump dealers in Madhya Pradesh and elsewhere may stop UPI payments above Rs 2,000 from 15 October.
  • Dealers are demanding a full MDR waiver, citing rising costs and unchanged fuel commissions, per NDTV Profit.
  • The All India Petroleum Dealers Association sought a complete exemption for UPI payments at petrol pumps.
  • CAIT called the proposed restrictions a "serious concern," warning of difficulties for consumers making larger fuel payments.

Source: ndtv.com

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older