Wire · operational-macro
Industrial marketplace Pneucons disables UPI on orders from Oct 10; here's why
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Fusion42 · 5 October 2026 · Fusion42 review
Pneucons, an industrial B2B marketplace, will disable UPI payments from October 10 due to the new NPCI MDR of 0.4% on UPI transactions above Rs 2,000 severely reducing their margins. The MDR is charged on the total amount including GST, which further increases costs and cash-flow burden.
This Wire brief sits within Fusion42's coverage of Enterprise, and 27 sources have reported it between 15 Sep 2026 and 5 Oct 2026.
◆ ◆ The Wire takeaway
The new UPI MDR rules in India remove a cheap payments channel for marketplaces like Pneucons and raise effective transaction costs drastically. You in B2B marketplaces or payment processing need to reassess payment options fast or lose margin on every order above Rs 2,000.
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27 sources · first reported 15 Sep 2026 · latest 5 Oct 2026
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