Merchant Discount Rates | Zee News

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Merchant Discount Rates News

Railway prices cheaper

09 Oct 2017

Railway tickets may get cheaper as govt mulls removal of MDR charges

The government had waived service charges after demonetisation in November last year to encourage digital modes of booking.

03 Jan 2017

Banks begin levying MDR charges on debit card payments

In what could be a blow for digital payments system, some banks in the country have started levying Merchant Discount Rates (MDR) charges on use of debit cards for payments.

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