The MCC loophole: How it grew into a Rs 3,000 crore problem

The story behind ICICI Bank's interchange recovery effort starts with merchant category codes and the economics they shape.

The MCC loophole: How it grew into a Rs 3,000 crore problem 13 min read

When you thought the MCC misuse matter is closed with back to back regulatory action, the next – also the most ‘defining’ â€

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