Big merchants may have to pay for UPI payments in the coming years. National Payments Corporation of India's chief Dilip Asbe said that large merchants may have to pay charges for UPI-based payments in the next three years.
He said that presently all the energies are focused on providing a...
A Merchant Category Code (MCC) is a four-digit number used by credit card companies to classify the services or products offered by a business. The International Organization for Standardization (ISO) establishes and assigns these merchant category codes. Despite consisting of only four digits...