Merchant Discount Rate Categories Today Current Affairs Upsc Exam Syllabus & Previous Yearpaper. Date September 24, 2024 Comments 0 comment September 24, 2024 0 About Merchant Discount Rate (MDR) is a fee charged from merchants or business owners when they receive payments from customers via digital methods such as credit and debit cards. MDR compensates the bank issuing the card, the bank which … Read More