'We will promote cash': New UPI charge triggers trader backlash, Opposition protests
New Delhi/IBNS, Sept. 17 -- The Centre's decision to impose a charge on certain UPI transactions above Rs. 2,000 has created confusion among traders, with some reportedly considering a return to cash payments to avoid the additional cost.
According to media reports, traders and shopkeepers across Delhi and elsewhere are expressing disappointment over the new rule, which will come into effect on October 15, 2026.
Some traders have questioned why they should bear an additional cost after paying Goods and Services Tax (GST) and other business expenses.
Gupta also said traders may find it difficult to return to cash payments after becoming accustomed to digital transactions.
Brijesh Goel, chairperson of the Chamber of Trade and Industry, ...
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