📷 Image: Wikimedia Commons / Jigarpatel2299
Business
UPI Payments Halted Across Gujarat as Traders Demand MDR Waiver on Gandhi Jayanti
✍️ bhaskarenglish.in
🗓 03 Oct 2026, 06:03 AM
👁 11
Traders in Rajkot and Vadodara have suspended UPI transactions across Gujarat, citing a demand for a waiver on Merchant Discount Rate charges. The action was observed on Gandhi Jayanti.
Traders in Rajkot and Vadodara have halted UPI payments across Gujarat as part of a protest demanding a waiver on the Merchant Discount Rate (MDR). The suspension coincides with the observance of Gandhi Jayanti.
The move affects merchants and consumers who rely on the real-time UPI system for daily purchases and payments. Traders say the action is intended to pressure authorities to reconsider MDR charges that they say burden small businesses.
Banking officials and payment service providers have not yet issued an official response to the halt. The trader associations involved state that the suspension will remain in effect until further notice.
The move affects merchants and consumers who rely on the real-time UPI system for daily purchases and payments. Traders say the action is intended to pressure authorities to reconsider MDR charges that they say burden small businesses.
Banking officials and payment service providers have not yet issued an official response to the halt. The trader associations involved state that the suspension will remain in effect until further notice.