Merchant QR codes

[Deepak goyat]

Which merchant category dont recieve less money when paid via rupay credit card. For ex my friend have a qr code or 'printing' merchant catgry, when i send money to him, he gets full payment. But on other QR codes, money recieved is 1 or 1.5% less. Please explain this

 

[zacobite]

Which merchant category dont recieve less money when paid via rupay credit card. For ex my friend have a qr code or 'printing' merchant catgry, when i send money to him, he gets full payment. But on other QR codes, money recieved is 1 or 1.5% less. Please explain this

above 2k there are chgs.. also depends in thier negotiation while getting the commercial qr..

 

[ShavirB]

Which merchant category dont recieve less money when paid via rupay credit card. For ex my friend have a qr code or 'printing' merchant catgry, when i send money to him, he gets full payment. But on other QR codes, money recieved is 1 or 1.5% less. Please explain this

This is MDR - Merchant Discount Rate. In short, cost of accepting credit cards as a payment (cost of doing the business)