Through the latest circular, the central bank has also cancelled its July 1 decision to set the minimum merchant discount rate (MDR) at 1 percent

Through the latest circular, the central bank has also cancelled its July 1 decision to set the minimum merchant discount rate (MDR) at 1 percent

Under the incentive scheme, acquiring institutions will receive 0.10 percent of the transaction value, while issuing institutions will receive 0.20 percent, subject to certain…