This benefit will be available for the payment by debit card, Bhim MPI and support based payment system,
upto two years.
Due to the decision, customers and business owners will not have to pay MDR on the transactions of 2000, on the government treasury Rs. 2512 crores will be burdened
(PTI) New Delhi, Ta. December 15, 2017, Friday
Now, whenever you buy a debit card of Rs 2000, you will not have to pay any additional charge as a merchant discount rate (MDR). The central government has decided to bear the MDR charge itself for two years. This benefit will be available on payments by debit card, Bhim MPI and base based payment system.
