{
  "id": 10476399,
  "title": "‘No UPI Day’: Mobile, FMCG Retailers To Protest UPI MDR On October 2",
  "url": "https://urgent.news/2026/09/28/no-upi-day-mobile-fmcg-retailers-to-protest-upi-mdr-on-october-2",
  "topic": "world",
  "section": "World",
  "published": "2026-09-28T15:07:03.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/no-upi-day-mobile-fmcg-retailers-to-protest-upi-mdr-on-october-2/"
  },
  "original_language": "en",
  "account": "Indian retail traders are set to stage a nationwide demonstration against the proposed UPI MDR on October 2. The All India Mobile Retailers Association (AIMRA) and The All India Consumer Products Distributors Federation (AICPDF) have announced a \"No UPI Day\" protest. AIMRA has asked mobile retailers across India to temporarily stop accepting UPI payments on October 2. AICPDF, with its network of 4.5 Lakh distributors and 1.3 Cr retailers, has also given its full support to the protest. AIMRA is pushing for a fixed, low charge for digital transactions, rather than the proposed 0.4% MDR, which could disproportionately affect retailers with thin margins. AIMRA's Tarvinder Singh stated that retailers will cover their UPI QR codes with black cloth and refuse UPI payments. AICPDF estimates the MDR could add ₹7,000 Cr-₹9,000 Cr to the FMCG distribution and retail ecosystem annually. The MDR framework, set to begin on October 15, also allows a 0.4% MDR on certain P2M UPI transactions, but exempts payments up to ₹2,000 and P2P transfers. While businesses praise the move as a new revenue stream, the proposed charges have sparked a debate about their impact on merchants, businesses and consumers.",
  "summary": "Indian retail traders are gearing up for a nationwide protest against the proposed UPI MDR soon. The All India Mobile…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}