mdr

After Mastercard, Now RuPay Credit Card hike MDR for Utility category: RuPay Credit Card Interchange Circular Kindly take note of RuPay Credit Card Interchange for Classic, Platinum and Select variants on domestic transactions, as mentioned below, applicable from 1st May 2025. The revised...

I've been observing for the past few months that several merchants around me are disabling Rupay credit card acceptance on UPI due to MDR (Merchant Discount Rate) charges for transactions above ₹2,000. Ironically, most Rupay credit cards offer rewards only on transactions above this limit. This...

Hi everyone, I’m currently facing an issue with the MDR (Merchant Discount Rate) for RuPay credit card transactions on my Paytm Business account. I have two accounts: - One account charges 2.25% + GST - The other charges 1.5% + GST However, I’ve noticed that some of my friends have...

Hi everyone, I’m planning to make a significant (INR 1.57L) electronics purchase soon. However, card swipes (debit and credit cards including UPI on credit) would attract an additional 2-3% charge, amounting to approx. INR 4k. The merchant isn’t a big player like Croma or Reliance Digital, so I...

MDR charged on Credit line UPI transactions basis Merchant Category Code: Dear Merchant Partner, Thank you for partnering with HDFC Bank for your payment acceptance needs. As per NPCI OC circular No. 202/2024-25, effective 16th October 2024 there will be MDR charged on Unified Payments...

We are aware that most of the small merchants have disabled UPI payments via Rupay CC on their merchant QR, even for small value transactions below ₹2000. For small merchants below ₹20 lakh turnover, the MDR charges are 0% for Rupay CC payments below ₹2000. I believe there shouldn't be an...