🔥 TRENDING New Zealand's Rachin Ravindra suffers... મણિનગરમાં નકલી ડેપ્યુટી મામલતદાર અને એ... Tripura Boosts AGMC MBBS Seats to 250,... Punjab CM Sukhu Announces 30% Pension... Actor Vikrant Massey Launches Two New... Punjab to File Supreme Court Petition...
21 Sep 2026
ગુજરાતી मराठी ਪੰਜਾਬੀ বাংলা
Petrol Pumps in Punjab, Haryana Seek Exemption from New UPI MDR Rule
📷 Image: Wikimedia Commons / Daniel Schwen
Business

Petrol Pumps in Punjab, Haryana Seek Exemption from New UPI MDR Rule

✍️ The New Indian Express 🗓 21 Sep 2026, 04:46 PM 👁 8
Share: 💬 WhatsApp 📘 Facebook 𝕏 Post

Petrol pumps across Punjab and Haryana have requested an exemption from the recently introduced Merchant Discount Rate (MDR) rule for UPI transactions, citing cost concerns.

Petrol pumps in Punjab and Haryana have collectively approached the authorities to seek relief from the new Merchant Discount Rate (MDR) rule that applies to UPI transactions. The RBI‑issued guideline imposes a discount fee on merchants for each UPI payment, which could increase operating costs for fuel retailers. The pumps argue that the added expense would be passed on to consumers and could affect their competitiveness. Their request has been forwarded to the relevant state and central bodies for consideration. The outcome of the exemption plea is yet to be announced.
📲Get App