No MDR charged on payment modes notified from Jan 01, 2020: Sitharaman

Updated:6 years, 6 months ago

New Delhi, Dec 28 (ANI): Union Finance Minister Nirmala Sitharaman on December 28 announced that those payment modes that will notified from Jan 01, 2020 will not have to bear charges of Merchant Discount Rate. Sitharaman announced the decision after holding pre-budget consultations with the chief of public sector banks in the national capital.

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No MDR charged on payment modes notified from Jan 01, 2020: Sitharaman

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