After Mastercard, Now RuPay Credit Card hike MDR for Utility category

[StarLord⚡]

The use of credit cards is increasing the prices of daily necessities. Some are charging extra money without increasing the price of the goods.

 

[anamikavverma]

Yes, following Mastercard's recent update, RuPay Credit Card has also increased the Merchant Discount Rate (MDR) for the utility payment category. This change may lead utility service providers to bear higher transaction costs, which could impact consumer convenience or introduce additional charges. Such shifts in financial policies also affect overall budgeting and planning for individuals managing real estate investments. If you're navigating such changes and exploring financing options, this guide on finding the perfect home loan offers helpful insights aligned with current market dynamics.