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Wire · operational-macro

Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says 'MDR ...

4 October 2026 · By · Wire by Fusion42

Published

4 October 2026

Topic

operational-macro

◆ Sectors

Industrial

◆ Geography

India

◆ Source

Read at livemint.com →

◆ Verified

Fusion42 · 4 October 2026 · Fusion42 review

Indian industrial marketplace Pneucons has disabled UPI payments on orders starting October 10 due to high Merchant Discount Rate (MDR) fees consuming 94% of their margins.

This Wire brief sits within Fusion42's coverage of Industrial, and 27 sources have reported it between 15 Sep 2026 and 5 Oct 2026.

◆ ◆ The Wire takeaway

You face sharply reduced margins if relying on UPI for industrial payments due to high fees. Switching payment methods or negotiating MDR costs should be your urgent focus this week.

◆ Coverage

27 sources · first reported 15 Sep 2026 · latest 5 Oct 2026

◆ Related on Wire

◆ Topics

Industrialupi-paymentsmerchant-discount-ratepayment-infrastructureindiaindustrial-marketplace