NPCI revises merchant discount rates for BHIM UPI transactions
- MDR is paid by a merchant to a bank for accepting payments from customers through credit or debit cards
- As per the latest notification, the MDR has been revised to 0.30% with a maximum cap of ₹100 per transaction
NEW DELHI : The National Payments Corporation of India (NPCI) has rationalised merchant discount rates for BHIM UPI transactions to promote digital payments.
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