New Delhi, Sept. 16 -- The All India Petroleum Dealers Association has appealed to the Union Finance Minister for an immediate waiver of Merchant Discount Rate (MDR) charges on UPI payments exceeding Rs.2,000.

In a formal letter sent on Wednesday, Association President Ajay Bansal urged government intervention regarding high payment processing fees.

The association emphasised that because dealer earnings are based on fixed per-litre margins rather than overall transaction values, percentage-based transaction levies directly deplete their net income.

Highlighting their financial strain, the association pointed out that dealer commissions have not been updated since October 2017. Over the same period, key operational overheads-including ...