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Mobile retailers warn proposed UPI charges could squeeze thin margins
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Fusion42 · 21 September 2026 · Fusion42 review
The All India Mobile Retailers Association has urged the Finance Ministry to exempt small and medium mobile retailers from a proposed 0.4% UPI Merchant Discount Rate, warning that it would further squeeze their already thin margins amid rising smartphone prices and weak sales.
This Wire brief sits within Fusion42's coverage of E-commerce.
◆ ◆ The Wire takeaway
Small mobile retailers in India face higher costs that could threaten survival with new UPI charges. You need to quickly engage trade bodies or lobby to protect your margins before fees hit.
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1 source · 21 Sep 2026
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