Retailers say higher MDR nearly doubles merchants#39; costs
newsdepo.com
RBI had on December 6 revised the MDR for debit card transactions at large format retail stores from 0.5 percent per transaction to 0.9 percent (not exceeding Rs 1,000).Retailers say higher MDR nearly doubles merchants#39; costs
RBI had on December 6 revised the MDR for debit card transactions at large format retail stores from 0.5 percent per transaction to 0.9 percent (not exceeding Rs 1,000). Read more