Independent Research and Policy Advocacy

Comments to the draft circular “Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions”

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The Future of Finance Initiative (FFI) is housed within the IFMR Finance Foundation (IFF) and aims to promote policy and regulatory strategies that protect citizens accessing finance given the sweeping changes that are reshaping retail financial services in India. Our vision is for regulation and policy to develop to support universal access for all citizens to a range of channels through which they can transact securely and confidently.

To read the full comments on Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions

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