Archive · 17 Sep 2026
UPI Debate Grows After Chandni Chowk Shops Reportedly Stop Payments
Some shops in Chandni Chowk were reported to have stopped taking UPI payments.
UPI is a way to pay digitally using a phone.
Supriya Shrinate said this could happen if customers are asked to pay extra money.
She said people may choose cash instead.
She also predicted that the practice could spread to other places.
The government said banks cannot charge for UPI payments up to Rs 2,000.
The same rule applies to payments up to Rs 2,000 made with RuPay debit cards.
The Finance Ministry said India makes its digital-payment decisions independently.
Some shops in Delhi’s Chandni Chowk market reportedly stopped accepting UPI payments.
Congress leader Supriya Shrinate said customers would likely switch to cash if UPI payments involved extra costs.
Shrinate predicted the trend could spread across Delhi and eventually the country.
The government said banks cannot charge for UPI transactions up to Rs 2,000.
The Finance Ministry rejected claims that UPI policy changes were driven by foreign influence.
- Who
- Congress leader Supriya Shrinate, Chandni Chowk shopkeepers, the government and the Finance Ministry.
- What
- Some Chandni Chowk shops reportedly stopped accepting UPI payments, prompting a debate over transaction charges and digital-payment policy.
- When
- The government announced the charge restriction on Monday; Shrinate commented on Wednesday.
- Where
- Delhi’s Chandni Chowk market, with possible implications across Delhi and India.
- Why
- Shrinate linked the reports to concerns about additional costs, while the government said qualifying UPI transactions cannot be charged and denied foreign influence over the policy.
Shrinate’s view
Government’s position
Effect of additional costs
Shrinate’s view
Shrinate said customers would not want to pay extra money and might switch from UPI to cash.
Government’s position
The government’s notification says banks cannot impose charges on UPI payments up to Rs 2,000.
Foreign influence
Shrinate’s view
Shrinate alleged that government decisions were being made for the benefit of US companies and under their pressure.
Government’s position
The Finance Ministry said India’s digital-payment decisions are made independently and rejected claims of foreign influence.
Future of the trend
Shrinate’s view
Shrinate said stopping UPI payments in Chandni Chowk could spread across Delhi and eventually the country.
Government’s position
The government response focused on the charge rules and did not endorse that prediction.
- Reported development
- Some shops in Delhi’s Chandni Chowk market reportedly stopped accepting UPI payments.
- UPI charge limit
- Banks cannot impose charges on UPI transactions of up to Rs 2,000.
- RuPay rule
- No charges can be imposed on payments up to Rs 2,000 made through RuPay-powered debit cards.
- Shrinate’s prediction
- She said the practice could spread across Delhi and eventually the country.
- Cash comparison
- Shrinate said cash in the economy rose from Rs 17 lakh crore during demonetisation to more than Rs 40 lakh crore today.
- Government response
- The Finance Ministry rejected claims that changes in the UPI ecosystem were caused by foreign influence.