MP Petrol Pumps to Limit UPI Payments Over ₹2,000 from Mid‑October
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AI-generated summary of the coverage listed below: Starting mid‑October, petrol pumps in Madhya Pradesh will stop accepting UPI payments above ₹2,000 due to a new merchant‑side merchant discount rate (MDR) framework. The change follows protests from traders and industry groups who argue the higher fees could push merchants toward cash and raise costs across sectors. The move is expected to affect fuel buyers and could influence broader digital payment adoption in the state.
Covered by 6 outlets across the spectrum: 0% left, 67% center, 33% right.
Who is covering this story
- Center (4): ABP Live English, Hindustan Times, Mint, Mid-Day
- Right-leaning (2): Sunday Guardian, Times of India
Sources
- No UPI Above Rs 2,000 At MP Petrol Pumps? IOC Debunks Viral ‘No-UPI Day’ Claim — ABP Live English (center)
- Big Fuel Bills, No UPI? Why Are MP Petrol Pumps Restricting Digital Payments Above ₹2,000? — Sunday Guardian (right-leaning)
- UPI MDR: Can Rs 6,000 be split into three Rs 2,000 payments? No daily cap — Times of India (right-leaning)
- MP petrol pump dealers to stop accepting UPI payments above ₹2,000 from October 15 — Hindustan Times (center)
- UPI MDR: Will petrol pumps stop accepting payments above ₹2,000? Nithin Kamath warns of impact on stockbrokers — Mint (center)
- Petrol pumps may stop UPI payments above Rs 2,000 from October 15 — Mid-Day (center)