Monday, December 30, 2019

Stakeholders believe, MDR waiver may hurt digital India

Finance Minister Nirmala Sitharaman on Saturday said that the zero MDR regime would kick in once the Department of Revenue issued a gazette notification on January 1. Top industry players say Centre’s decision on not levying merchant discount rates will make the business model unviable.

from Banking/Finance-Industry-Economic Times https://ift.tt/37mgfi0
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