Petrol pump UPI payments: Petrol pump dealers in Madhya Pradesh will stop accepting UPI payments above Rs 2,000 from October 16, citing a proposed 0.4 per cent Merchant Discount Rate (MDR). Fuel retailers say their narrow profit margins make it difficult to absorb the additional cost. Customers can continue to use debit and credit cards for fuel purchases, while the association has urged the government to extend existing MDR exemptions to UPI transactions. Listen to this article in summarized format Unlock AI Briefing and Premium Content What's Included Exclusive Stories Daily ePaper Access Smart Market Tools Curated Investment Ideas Ad-lite Experience MP petrol pump dealers to stop accepting UPI payments above Rs 2,000 from Oct 16 over MDR charges (Representative image) UPI payments above Rs 2,000 at petrol pumps Petrol pump dealers seek UPI MDR exemption How will the UPI rule affect customers? What is the new UPI MDR framework? Will customers have to pay for UPI? Nobody's money? The fortune Indian families forgot they had Nobody's money? The fortune Indian families forgot they had Has the US Fed and AI created a costlier world? And has the queue got longer for India? Has the US Fed and AI created a costlier world? And has the queue got longer for India? A different kind of buyback. Is this the beginning of these kinds of buybacks? A different kind of buyback. Is this the beginning of these kinds of buybacks? Come January 2027, will India’s online platforms get their own Tukaram? Come January 2027, will India’s online platforms get their own Tukaram? Four rules made HDFC Bank a compounder. All four have stopped. Can the new CEO rewrite them? Four rules made HDFC Bank a compounder. All four have stopped. Can the new CEO rewrite them? Gold rush on Dalal St as regional jewellers bid to be the next Tanishq Gold rush on Dalal St as regional jewellers bid to be the next Tanishq Unlock Access to All Exclusives with ETPrime FREE TRIAL 15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers Trial offer expiring in 00 : 05 : 00 Uh-oh! This is an exclusive story available for selected readers only. Worry not. You’re just a step away. Prime Account Detected! It seems like you're already an ETPrime member with Login using your ET Prime credentials to enjoy all member benefits Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits. Unlock ETPrime's Exclusive Stories Today! Subscribe to gain powerful insights on business, stock market and industry trends. Big Price Drop! Flat 40% Off Offer Exclusively For You Save up to Rs. 700/- ON ET PRIME MEMBERSHIP Offer Exclusively For You Get 1 Year Free With 1 and 2-Year ET prime membership Offer Exclusively For You Get 1 Year Free With 1 and 2-Year ET prime membership Offer Exclusively For You Get Flat 40% Off Then ₹ 1749 for 1 year Offer Exclusively For You ET Prime at ₹ 49 for 1 month Then ₹ 1749 for 1 year

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