India finance minister says MDR will apply to merchants
Finance Minister Nirmala Sitharaman has clarified that any future Merchant Discount Rate (MDR) on digital transactions like UPI and RuPay would apply only to merchants, not to end customers.
The Daily Verified Briefing
Finance Minister Nirmala Sitharaman has clarified that any future Merchant Discount Rate (MDR) on digital transactions like UPI and RuPay would apply only to merchants, not to end customers.