Retailers to stage 'No UPI Day' protest on Oct. 2
In short
Mobile and FMCG retailers plan a 'No UPI Day' protest on Oct. 2. Reported actions include covering UPI QR codes with black cloth and not accepting UPI payments.
The protest is meant to oppose the proposed UPI MDR. It could affect how people pay in some stores, but the final policy decision is not stated in the available reporting.
What the reporting says
Mobile and FMCG retailers are planning a nationwide protest on Oct. 2, Gandhi Jayanti, over proposed UPI MDR, according to publisher-supplied reporting. In the Delhi NCR region, the All India Mobile Retailers Association said retailers will cover UPI QR codes with black cloth and stop accepting UPI payments symbolically. The immediate consequence could be payment disruption at participating stores; the final policy outcome is not stated.
Why it matters
Retail traders and mobile retailers are preparing a nationwide protest on Oct. 2 against the proposed UPI MDR. The Delhi NCR arm of the All India Mobile Retailers Association said retailers will symbolically cover QR codes and not accept UPI payments. This matters for small retailers, FMCG sellers and customers who use UPI daily. The reporting does not state whether the MDR proposal will change.