MCQOPTIONS
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| 1. |
MDR is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments. MDR stands for- |
| A. | Merchant Discount Ratio |
| B. | Merchant Discount Rate |
| C. | Merchant Discount Rating |
| D. | Merchant Development Rate |
| Answer» C. Merchant Discount Rating | |