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Economy

SBI refuses commission on digital transactions to payment partners, says report

Updated : June 22, 2018 12:13 PM IST

The new decision comes as part of the rationalization of merchant discount rate (MDR).
Under the new arrangement aggregators will find it impossible to make money if the card used is not issued by the SBI.
The decision will be applicable for all transactions made since the beginning of the year.
SBI refuses commission on digital transactions to payment partners, says report
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