When a customer pays by credit card, the merchant generally incurs a fee for accepting the payment. This cost is commonly known as the Merchant Discount Rate.
Credit card surcharge: Why do shops charge 2% extra and should you pay?
livemint.com - 9 Sep 2026 18:43
When a customer pays by credit card, the merchant generally incurs a fee for accepting the payment. This cost is commonly known as the Merchant Discount Rate.
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