Merchant Discount Rates

The government will hold deliberations with the Reserve Bank to work out a mechanism for bringing down merchant discount rates - Sakshi Post

The government will hold deliberations with the Reserve Bank to work out a mechanism for bringing down merchant discount rates

Merchant Discount Rates Under Scrutiny Over Digital India Impact

Dec 14, 2017
Merchant discount rates (MDR) have increased from 0.25 percent of transaction value to 0.90 percent recently
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