Home » Merchant Discount Rate (MDR)...

You Searched For "Merchant Discount Rate (MDR) charges"

Edit

AA Edit | Will India Go Back to Being a Cashless Economy?

Limited MDR on select merchant payments preserves free transfers but puts safeguards to the test

16 Sept 2026 10:52 PM IST

Edit

AA Edit | What If Merchant Recoups UPI Fee From Customer?

Finance minister Nirmala Sitharaman stepped in to clarify that people-to-people UPI transfers will not be charged. She...

10 Aug 2026 1:35 AM IST

$\The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and decrease in selling prices of diesel.$ India

No surcharge on card payments at petrol pumps even after Jan 13

On Sunday night, Petroleum Minister Dharmendra Pradhan had said that such payments would be accepted without surcharge...

9 Jan 2017 2:37 PM IST

MDR is the charge paid by a shopkeeper to a bank for facilitating payment from customers through debit cards.

Business

Card transaction costs lowered for 2 years

Centre to bear cost of transaction of up to Rs 2,000; reluctant merchants will have no more excuses.

16 Dec 2017 1:19 AM IST