BusinessAI imageNPCI Defines Small Merchants as Those Receiving Up to Rs 1 Lakh Monthly via...
The National Payments Corporation of India (NPCI) has set the definition of small merchants as those receiving payments up to Rs 1 lakh per month through UPI QR codes. This threshold is lower than analysts' expectations, who anticipated the limit to be merchants with annual turnovers above Rs 50 lakh or Rs 1 crore.
Moneycontrol·


