Government needs to cap MDR on debit card at 0.6% to promote digital transaction: Report

The study done by the Indian Institute of Technology Bombay further suggested that there could be an upper ceiling of Rs 150 for a prescribed merchant discount rate (MDR) of 0.6 per cent.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/government-needs-to-cap-mdr-on-debit-card-at-0-6-to-promote-digital-transaction-report/articleshow/78254765.cms