Great articles to read on the web

https://drive.google.com/file/d/1RBeTdGFjDlwBqWvt6nmLj52Qo-hJ1RMW/view

Hi guys I have always found this topic quite interesting. This is very useful if you credit cards. You will get to know as to why banks offer so many credit points on your transaction. The above link is about THE PAYMENT INDUSTARY ECOSYSTEM. Why I am posting this is because recently I read this article which beautifully explains how RUPAY is introducing MDR on transaction which they were not charging since their inception.

There is also a YouTube channel THINK SCHOOL(https://www.youtube.com/c/ThinkSchool/videos?view=0&sort=p&flow=grid). Extremely informative and beautiful explanation on various topic. If you want to develop good understanding on various topic I would highly recommend this channel.

I have gone through the above article but always had a few questions relating to them.

1. I have understood that the banks who issue rupay cards and have good amount of transaction will be benefiting but I have not been able to quantify it. Lets say a bank has 100cr worth transaction from repay credit card then what will be their CUT.

2. Will this also benefit banks who facilitate UPI transactions for Rupay credit cards regardless of they issuing the credit card. This question is on the assumption that a bank can facilitate UPI transaction on rupay credit card without being the issuer of that credit card. So please do correct me on my assumption.