RBI has recently increased the MDR charges on Debit card transaction wef 01.01.2018 .Accordingly, the maximum MDR for debit card transactions shall be as under: The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved that the Merchant Discount Rate (MDR) applicable on all debit card/BHIM UPI/ Aadhaar enabled Payment System (AePS) transactions upto and including a value of Rs....

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