Watch: UPI Payment Cap: Kerala Hotels Stop Digital Payments Over ₹2,000
Several hotels in Kerala have begun refusing UPI transactions exceeding ₹2,000 after the National Payments Corporation of India announced higher merchant charges. The NPCI has delayed implementing the new payment cap until after the Diwali period. Operators say the increased fees could strain profitability, prompting the temporary restriction on larger digital payments and may affect guest convenience.