India's MDR Charge on UPI Payments Sparks Protests and Confusion

In different parts of the country, there are protests against the MDR charge on UPI payments. While the government says that the common man will not be burdened with one rupee. Only large transactions above 2000 rupees will cost big merchants 0. 40 percent MDR. That is, the merchant will incur 12 rupees MDR on UPI of 3000 rupees. In fact, there is opposition to this decision of the government in many parts of the country, some people are also confused about the rule of MDR. Meanwhile, the Petrol Pump Dealers Association of Madhya Pradesh has announced that they will not accept UPI payments on the purchase of petrol and diesel above 2000 rupees from 16 October. Madhya Pradesh Petrol Pump Dealers Association President Ajay Singh issued a statement saying that if the government does not withdraw MDR, then the members of the organization have decided not to accept UPI payments above 2000 rupees at their petrol pumps from 16 October. There will only be cash payments. If the president of the Madhya Pradesh Petrol Pump Dealers Association considers the new system, then we can not bear the loss of 17,700 rupees.