All India Mobile Retailers Association has urged the Finance Ministry to exempt small and medium mobile retailers from any proposed UPI Merchant Discount Rate. AIMRA said a 0.4% charge could increase costs for retailers already operating on thin margins

He said the Centre first used demonetisation and subsequently UPI to encourage digital payments, creating a habit among citizens before introducing charges on certain transactions. He also questioned if merchants would absorb the 0.4 per cent MDR or pass the cost on to customers