'Why should we bear the loss?' Odisha traders oppose new UPI charges, seek withdrawal
India, Sept. 17 -- A new charge on high-value commercial UPI transactions has triggered confusion and opposition among traders and consumers.
A new charge on high-value commercial UPI transactions has triggered confusion and opposition among traders and consumers.
"Traders have to bear the burden of paying GST, other taxes, UPI charges, and FDR-related expenses all the time," said CH Rabindra, a trader.
"Ultimately, businesses or organisations will pass on the additional costs to customers to avoid losses," said a consumer.
Petrol Pump Owners Oppose New Charge
For petrol pumps, a flat charge of Rs 5 will be applicable on UPI payments above Rs 2,000. The amount will be deducted from the account of the petrol pump owner.
Petrol pump ...
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