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

Customers 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

The Kerala Hotel and Restaurant Association (KHRA) on Tuesday (October 13, 2026) announced that its members will stop accepting UPI payments above ₹2,000 from October 15, following the introduction of a 0.4% UPI merchant discount rate (MDR) framework, which it says will impose an additional financial burden on small establishments. Customers will have to pay in cash for transactions above ₹2,000, said KHRA president G. Jayapal.