Merchant where i used to pay through cc isn't accepting payment via any rupay cc. Now just one left where i pay almost daily which is for dairy product.
I made a payment today for fuel using Rupay upi because the pos machine was not working for some reason. If merchants are withdrawing, wonder how the fuel stations are accepting Rupay upi considering their margins are only 2-3%. Looks like Rupay will be forced to cut down the MDR or lose every customer who got Rupay CCs just for the utility of linking it to upi payments.
@shutapdiya Ispar 2 years baad discuss karenge. 99% logo ko toh UPI vs Credit on UPI me difference he nahi pata. Chalo yeh log toh aam log hai but ache khase engineers ko jo payment companies sab me kam karte hai unlogo tak ko nahi pata. Credit on UPI ekbar fully live ho jaye phir merchant acquiring k uppar NPCI kam karega aur payment companies ko green signal dega, large scale pe roll out karo.
Can you elaborate what happened?