Removal of merchant discount rate (MDR) brings opportunity for OMC

Removal of merchant discount rate (MDR) brings opportunity for OMC: India’s acceptance of digital payment modes will accelerate with this kind of change on more payments options. With the intention of making zero fees to merchants will lead to more acceptance of digital payments. Oil marketing companies will save ₹400-500 crore annually every year with the proposed removal of merchant discount rate (MDR)

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE