Madhya Pradesh traders protest UPI charges with 'No UPI Day' campaign

Traders in Madhya Pradesh have launched a 'No UPI Day' protest against merchant discount rates (MDR) charged on UPI payments. The traders' groups are urging customers to switch to cash transactions in response to the fees.

The protest reflects growing discontent among small merchants over transaction costs associated with digital payment modes. The traders argue that MDR cuts into their margins and affects their business viability.