# Ghaziabad merchants unwilling to accept UPI from Oct 15 over new 0.4% MDR rule

> Days after the guidelines related to the 0.4% Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) payments above ₹2,000 were issued, the traders and associations in Ghaziabad are concerned lot and contemplating action starting October 15.

- Published: 2026-09-19T12:31:50.953Z
- Updated: 2026-09-19T12:31:50.953Z
- 1 source
- Topics: Science and technology
- Involves: Ghaziabad, Ghaziabad diesel-petrol dealer association, Merchant Discount Rate (MDR), National Payments Corporation of India (NPCI), Person-to-Merchant (P2M) UPI payments above ₹2,000, Rajnish Bansal, Rashtriya Vyapari Kalyan Sangh, Sanjay Bindal, UPI, Vipin Sharma, a 0.4% fee

## How it developed

- 2026-09-19T12:31:50.953Z - Hindustan Times: [Ghaziabad merchants unwilling to accept UPI from Oct 15 over new 0.4% MDR rule](https://www.hindustantimes.com/india-news/ghaziabad-merchants-unwilling-to-accept-upi-from-oct-15-over-new-0-4-mdr-rule-101789819746846.html)

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