Merchant Discount Rate on UPI transactions? Amendments to payments act may pave way - what it means

Aug 4, 2026 - 21:00
Merchant Discount Rate on UPI transactions? Amendments to payments act may pave way - what it means

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Merchant Discount Rate (MDR) is the fee merchants pay to banks and payment service providers for processing digital transactions. In India, credit card payments generally attract an MDR of around 1.5%.

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