28 Trader Bodies Back October 2 ‘No UPI Day’ Protest Against Proposed MDR Charge; More Associations Likely To Join

28 Trader Bodies Back October 2 ‘No UPI Day’ Protest Against Proposed MDR Charge; More Associations Likely

At least 28 trader associations have backed the October 2 ‘No UPI Day’ protest by FRTWA against the proposed 0.04% MDR charge on digital payments. MACCIA said its 500 affiliate associations would support the campaign. Traders argue the charge may increase costs, while CAIT clarified it has not endorsed the nationwide protest.