MDR Is Neither A Tax Nor A Fee Collected By The Government. Instead, It Is A Commercial Charge Distributed Among Banks, Payment Service Providers, and Other...
Consumers Are Advised That Merchant-Imposed Surcharges On Card Or UPI Payments Violate Current Payment Guidelines
Adv. S. Abdul Nazar, State General Secretary of the Kerala Gold and Silver Merchants Association (KGSMA), stated that the decision to impose a 0.4% Merchant Discount...
Rajesh Rokde,Chairman, GJC issued a statement on introduction of MDR on UPI merchant transactions above ₹2,000.
NPCI caps merchant charge at ₹300 per transaction; customers to continue using UPI free of charge
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