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Kerala textile dealers' body KTGA protests reported 0.4% UPI merchant fee due from 15 October
KTGA protested the Central government's reported move to impose a 0.4% merchant discount rate on UPI transactions from 15 October. The Ernakulam district committee held a protest march from its DD Bazaar office to the BSNL office.
Why it matters to operators and investors
If the reported 0.4% UPI merchant fee from 15 October is confirmed, it could squeeze small independent textile dealers and shift how payments partners and consolidators approach them, so track the policy outcome before acting on any targets.
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