World · India Bureau
Carry cash on October 2 as traders plan 'No UPI Day' protest
Some Delhi trader associations are calling for a boycott of digital payments on October 2 to protest proposed charges on UPI transactions above ₹2,000. However, the trading community remains divided on the planned action.
LSN India ·
Consumers planning to shop or travel in Delhi on October 2 are being advised to keep cash on hand, as some merchant groups stage a protest against new UPI payment charges.
Several trader associations in the capital have appealed for a 'No UPI Day' to oppose the proposed levies on Unified Payments Interface transactions exceeding ₹2,000. The charge structure has sparked concern among retailers who rely heavily on digital payment infrastructure.
However, the protest has failed to gain unanimous support within the trading community. While some merchant organizations have committed to suspending digital payment acceptance on the day, others have distanced themselves from the initiative, indicating fragmented industry response to the proposed policy.
The disagreement reflects broader tensions within the business community over digital payment regulation and the balance between merchant costs and consumer convenience. Retailers remain concerned about the potential impact of transaction fees on their operations and customer experience.