MDR reimbursement pending from banks News The Payments Council of India (PCI) has said that reimbursement of merchant discount rates from banks to service providers and merchant aggregators are yet to be received. What is Merchant Discount Rate (MDR)? MDR is the fee that a merchant has to pay to a bank for every transaction… Continue reading MDR reimbursement pending from banks
Tag: Merchant Discount Rate (MDR)
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