Delhi Traders Move to Steer Customers Toward Cash as New UPI Fee Raises Cost Concerns
Traders in Delhi are preparing to encourage cash payments after a new 0.4 percent charge on UPI transactions above Rs 2,000 began affecting merchant costs. The move underscores the tension between Indiaโs digital payments push and the narrow margins faced by small businesses, even as merchants with monthly receipts below Rs 1 lakh remain exempt.
