October 29, 2026
Business

Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says ‘MDR ate 94% of our margins’(Soban News)

Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over ₹2,000, which the company’s co-founder says will take a significant toll on its margins. Details here. 

​Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over ₹2,000, which the company’s co-founder says will take a significant toll on its margins. Details here.  by Soban News (international And National News)

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