statement

Merchant Discount Rate (MDR) is a charge levied by banks and financial institutions on merchants for providing payment infrastructure such as PoS machines and QR codes.

A statement by The Hindu. Statements are as reported by the cited publishers — not verified by DecisionGateway.

Merchant Discount Rate (MDR) is a charge by the banks/financial institutions to the Merchants for providing payment infrastructure like PoS machines/QR codes.
viveksingh_economyPublished 2026-09-17 Read source

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