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The Confederation of All India Traders has rejected reports claiming it backed a nationwide “No UPI Day” on October 2, saying the claims are misleading and unsupported. The clarification comes as debate intensifies over a proposed merchant discount rate on specified UPI transactions above Rs 2,000 from October 15.
The Confederation of All India Traders has rejected media and social media claims that it endorsed a nationwide “No UPI Day” on October 2. The clarification comes amid heightened sensitivity over reports linking the proposed MDR levy on certain UPI transactions above Rs 2,000 from October 15 to a possible merchant backlash.
The Confederation of All India Traders (CAIT) has rejected media reports and social media claims that it has backed a nationwide “No UPI Day” on October 2. The traders’ body said the posts are misleading and urged the public to rely only on verified statements as debate continues over a proposed MDR levy on certain UPI transactions above Rs 2,000 from October 15.
The Confederation of All India Traders (CAIT) has rejected media and social media claims that it endorsed a nationwide “No UPI Day” on October 2 over the proposed merchant discount rate on certain UPI transactions above Rs 2,000 from October 15. The traders’ body said the reports were misleading and urged caution against attributing positions to it that it has not formally taken.
The Confederation of All India Traders has rejected media and social media claims that it has backed a nationwide 'No UPI Day' on October 2. The clarification comes amid rising speculation over a proposed merchant discount rate levy on certain UPI transactions above Rs 2,000 from October 15.
The Confederation of All India Traders has rejected media and social media claims that it endorsed a nationwide “No UPI Day” on October 2, saying the reports are misleading and not based on any official CAIT decision. The clarification comes as traders and digital payments stakeholders watch the debate over a proposed merchant discount rate levy on specified UPI transactions above Rs 2,000 from October 15.
The Confederation of All India Traders (CAIT) has rejected media and social media claims that it endorsed a nationwide “No UPI Day” on October 2 in response to the proposed merchant discount rate (MDR) levy on certain UPI transactions above Rs 2,000 from October 15. The traders’ body said the reports were misleading and urged caution against circulating unverified information that could distort public debate on digital payments policy.
The Confederation of All India Traders (CAIT) has denied reports that it has called for a nationwide “No UPI Day” on October 2, saying the claims are misleading and not based on any official announcement from the traders’ body. The clarification comes as debate intensifies over a proposed merchant discount rate (MDR) levy on specified UPI transactions above Rs 2,000 from October 15.
The Confederation of All India Traders (CAIT) has rejected media and social media claims that it has endorsed a nationwide “No UPI Day” on October 2. The traders’ body said the reports are misleading and urged the public to rely only on verified statements, as debate continues over a proposed MDR levy on certain UPI transactions above Rs 2,000 from October 15.
The Confederation of All India Traders has denied reports and social media posts claiming it endorsed a nationwide 'No UPI Day' on October 2. CAIT said the assertions are misleading and urged caution as debate intensifies over a proposed merchant discount rate levy on certain UPI transactions above Rs 2,000 from October 15.
The Confederation of All India Traders (CAIT) has rejected media and social media claims that it has backed a nationwide “No UPI Day” on October 2. The clarification comes amid heightened debate over a proposed merchant discount rate (MDR) levy on certain UPI transactions above Rs 2,000 from October 15, a move that has stirred concern across India’s digital payments ecosystem.
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