I don't think it's case if if X merchant get's this pricing, you'll also get the same.
In this case, BM has to do it and BM wants a merchant dept guy to do it from his system and the guy sits in a different office. He isn't getting time. Now he has told me for 2pm tomorrow. Let's see.
Also this pricing might be also coz my of credit line we have.
I am told by HDFC there exists many big merchant (local clothing top retail stores) who have MDR as low as 0.4% but then they have amount like 28cr in their accounts. Also have like 10cr credit line. So BMs usually don't want a customer with good credit limit to leave the bank just coz of small MDR pricing as bank earns alot from the customers who use their credit line anyways.
Also imagine if a local retail clothes store is getting 0.4% from HDFC, then what pricing is Amazon getting? Are they even paying any MDR? Same is the case with PayTM and others. These apps still charge customers from card to bank transfer fee of 2% where as they are prolly getting pricing of 0.4 or less%. But this isn't paytm/amazon being greedy, no. Banks actually strictly tell them to not advertise their pricing to customers or give customers free bank transfer via credit card as then small merchants (whose turn over is 10-25cr) will get mad coz of pref treatment of tech giants.
I was also told if a current account(or other business products) customer is making HDFC 5% profits, HDFC bydefault gives them 1% MDR.