India paves way for return of merchant fees on UPI; what it means

Global - Asia Archived • August 4, 2026 •

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%.

Source: Times of India | https://timesofindia.indiatimes.com/rssfeedstopstories.cms - Read Original

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