New Delhi, Oct. 14 -- The Kerala Hotel and Restaurant Association (KHRA) on Tuesday, October 13, announced that its members would stop accepting Unified Payments Interface (UPI) payments above Rs.2,000 from October 15, protesting the proposed merchant discount rate (MDR) on digital transactions.

KHRA said the proposed 0.4% MDR framework would increase the financial burden on small businesses, particularly hotels, restaurants and lodges. Customers making payments exceeding Rs.2,000 would have to use cash at participating establishments, KHRA president G. Jayapal said, according to The Hindu.

"The industry is already suffering from the rising cost of raw materials. We feel cheated, especially since we were all encouraged to shift to digit...