BusinessPhoto: The HinduKerala Hotels to Stop UPI Payments Above ₹2,000 from Oct 15
The Kerala Hotel and Restaurant Association (KHRA) announced that its members will stop accepting UPI payments above ₹2,000 starting October 15 due to a new 0.4% UPI merchant discount rate (MDR). KHRA president G. Jayapal said this additional charge will burden small businesses already struggling with rising raw material costs, forcing customers to pay cash for higher transactions.
The Hindu··Kochi




