Indian Oil debunks Madhya Pradesh ‘No-UPI Day’ and ₹2,000 payment-limit claims
Indian Oil Corporation said viral messages claiming petrol pumps in Madhya Pradesh would reject UPI payments above ₹2,000 or observe a No-UPI Day in Indore are false. The company said dealers continue to support digital payments, while MDR changes for select higher-value merchant UPI transactions take effect October 15.
What happened
Indian Oil Corporation denied viral claims that Madhya Pradesh petrol pumps would reject UPI payments above ₹2,000 or observe a No-UPI Day in Indore. It said
Key facts
- ₹2,000
- September 23, 2026
- October 15
- ₹136
- 1.3%
What changed
Indian Oil Corporation denied viral claims that Madhya Pradesh petrol pumps would reject UPI payments above ₹2,000 or observe a No-UPI Day in Indore. It said dealers support digital payments; select merchant UPI transactions above ₹2,000 will face MDR from October 15.
Why this matters
Indian Oil’s clarification helps protect forecourt sales by reassuring Madhya Pradesh customers that UPI remains accepted despite viral misinformation and upcoming merchant-pricing changes.
What to watch
- Official details of the October 15 MDR changes, including merchant-category, transaction-value, and acquirer-specific applicability.
- Reports of dealers imposing UPI minimums, maximums, surcharges, or payment-mode steering.
- NPCI, RBI, oil-marketing-company, or state consumer-affairs clarification on merchant acceptance obligations.
- Changes in UPI share of fuel transactions, average ticket size, failed-payment rates, and customer complaints in Madhya Pradesh and other states.
- Competitor oil companies adopting explicit no-refusal policies or promoting proprietary fleet and loyalty payment methods.