merchant discount rate

Nirmala Sitharaman and the UPI Merchant Discount Rate Dispute: What Happened?

Key takeaways:Finance Minister Nirmala Sitharaman met traders and secured assurances that led to the withdrawal of the October 2 ‘No UPI…

1 month ago

0.4% MDR Explained: Calculation, Impact, and How to Minimize Card Fees

Key takeaways:0.4% MDR means a merchant pays $0.40 for every $100 card transaction.The fee is calculated by multiplying the transaction…

2 months ago