Mdr Charges
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- News
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
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RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
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What Is MDR? Railways Won't Charge Passengers This Fee For Booking Tickets
Merchant discount rate or MDR is the amount that a merchant has to pay to its service providers when a consumer uses a debit card to pay for the transaction. IRCTC is the online ticketing arm of Indian Railways.
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No Charge On Debit Card Transactions Below Rs 2,000. Details Here
The merchant discount rate will be borne by the government for two years with effect from January 1, 2018.
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RBI Makes It Cheaper For Small Merchants To Accept Debit Cards
Merchant discount rate is the fee charged to a merchant by a bank for providing debit card payment services.
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Back to School: 8 Great Gifts for College Students
The academic season is about to get started soon. If you're looking to gift a tech product, we've got ideas.
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
-
RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
-
What Is MDR? Railways Won't Charge Passengers This Fee For Booking Tickets
Merchant discount rate or MDR is the amount that a merchant has to pay to its service providers when a consumer uses a debit card to pay for the transaction. IRCTC is the online ticketing arm of Indian Railways.
-
No Charge On Debit Card Transactions Below Rs 2,000. Details Here
The merchant discount rate will be borne by the government for two years with effect from January 1, 2018.
-
RBI Makes It Cheaper For Small Merchants To Accept Debit Cards
Merchant discount rate is the fee charged to a merchant by a bank for providing debit card payment services.
-
Back to School: 8 Great Gifts for College Students
The academic season is about to get started soon. If you're looking to gift a tech product, we've got ideas.
