What MDR on UPI payments above Rs 2,000 means for you: FAQs answered
Merchant Discount Rate (MDR) is essentially a fee that a merchant incurs when accepting payments for goods or services through credit or debit cards. It is important to note that person-to-person transactions will continue to be free with no MDR applicable.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.