MDR on UPI: Keralam hotels association says will stop accepting UPI payments above ₹2,000 from October 15

MDR on UPI: Keralam hotels association says will stop accepting UPI payments above ₹2,000 from October 15

Announcement following introduction of 0.4% UPI merchant discount rate, which the association says will impose additional financial burden on small establishmentsCustomers will have to pay in cash for transactions above ₹2,000, says Kerala Hotel and Restaurant Association president (image for representation) | Photo Credit: The Hindu

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Reported by thehindu.com.

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