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moves money Inc42 Media September 29, 2026

Retailers Against UPI, Startup IPO Sprint & More

Retailers Against UPI, Startup IPO Sprint & More
AI Summary

UPI’s MDR Showdown Indian retailers are set to stage a nationwide “No UPI Day” on October 2. Up in arms against the proposed MDR on UPI payments, industry bodies are flagging margin erosion and ₹9,000 Cr in annual costs. So, can the retailers and the government find a middle ground?

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