Finance
EnglishRAI Raises Alarm Over UPI Fee Threatening Small Retailers
The Retailers Association of India is ringing the alarm bells! They're worried that a new fee on UPI payments over Rs 2,000 could send small shops scrambling back to cash just as festive shopping kicks off. CEO Kumar Rajagopalan warns this could undo years of progress in digital payments, urging the government to rethink the fee before it pushes retailers into a cash corner.