Business● LowOct 1 · Oct 1, 2026, 10:26 AM
Four in five Mumbaikars unwilling to bear MDR fee on UPI payments above ₹2,000: study
GlobeAlert Desk · curated from The Hindu · South Asia
A LocalCircles survey finds most Mumbai residents will switch to cards or cash instead of paying the 0.4% MDR on UPI payments once it takes effect on October 15
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text. How we score stories.
GlobeAlert context
What the desk knows about this story
Threat level
1 Low
Scored from severity, scale, escalation potential and source agreement. Below the alert threshold.
Sources
1 publisher
Single-source so far. Treat details as unconfirmed until more publishers report.
Category
Business
Not flagged as developing.
South Asia theater · last 7 days
steady · 2 in the last 24h725
events logged
90
risk index / 100
Wildfires 600Attacks & Assaults 87Shootings 10Kidnappings 7Rocket Launches 4
- Protest activity (38 reports)Protests · India · 22m ago
- Woman shot dead in loni after row over public urination five arrested shooter remains abscondingShootings · India · 38m ago
- Four held days after shots fired at jailed youtubers family in ghaziabadShootings · India · 38m ago
More in Business
Business3m agoBaidu Q3 2026 Earnings PreviewSeeking Alpha TechBusiness5m agoCorreios loss totals R$ 7.5 billion from January to September, up 27%Folha de S.Paulo · BrazilBusiness38m agoBritish executive who discovered Adele and The Strokes comes to Brazil for independent music eventFolha de S.Paulo · BrazilBusiness40m agoPresident of the Women's Tennis Association: We will recover financially by 2027Asharq Al-Awsat [ar] · Saudi Arabia