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Badly-designed tiers make MDR a contentious issue

Badly-designed tiers make MDR a contentious issue
Photo: Hindustan Times — Mumbai · view original

If UPI is thought of as a highway or a platform, at some point, those who built it (the government in this case) will ask merchants to pay for it. Very simply put, this is the Merchant Discount Rate (MDR) and everyone appears to be upset about it

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