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Total 75 results found. Search for [ merchant discount rate ]

Results 1 to 21 of 75
PTI
September 25, 2019
The 0.75 % discount on the value of fuel purchases using credit/debit cards and e-wallets was introduced in December 2016 and had continued for more than two-and-a-half years, straining oil marketing companies


Naveen Kumar
September 13, 2019
High level of MDR - often around 2 per cent in the past - had been one of the primary reasons why various merchants resisted in offering this option to their customers


BusinessToday.In
New Delhi, August 20, 2019
ED arrests Kamal Nath's nephew Ratul Puri in Rs 354 crore bank fraud caseThe Enforcement Directorate (ED) has arrested Ratul Puri, MP Chief Minister Kamal Nath's nephew, in connection with a Rs 354 crore bank fraud case. The ED arrested Puri, the former executive director of Moser Baer, after the Central Bureau of Investigation (CBI) last week filed an FIR against him, his father and Moser Baer Managing Director Deepak Puri, Directors Nita Puri (Ratul's mother and Kamal Nath's sis...


Reuters
New Delhi, August 20, 2019
Last month, FM Sitharaman said that businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card


Archit Gupta
July 8, 2019
Union Budget 2019: With an aim to promote the usage of electric vehicles, a taxpayer will now get an additional tax deduction of Rs 1.5 lakh under section 80EEB on the interest he or she pays on a loan taken to purchase an electric vehicle, provided the loan must be sanctioned between 1st April 2019 to 31st March 2023 and the taxpayer does not own any other electric vehicle on the date of sanction of loan.


BusinessToday.In
New Delhi, July 7, 2019
Retail credit card companies, which make decent profit on business from large retailers, will now be affected as retailers will be inclined to provide other e-payment options to customers


PTI
July 5, 2019



BusinessToday.In
July 5, 2019
Budget 2019: No charges or MDR shall be imposed on customers as well as on the merchants. The RBI and banks will absorb these costs from the savings that will accrue to them on account of handling less cash


BusinessToday.In
July 1, 2019
Paytm has said that its customers can continue using all services available on its platform without any fee


BusinessToday.In
New Delhi, June 9, 2019
Central Bank will raise fund via follow-on public offer (FPO), rights issue or private placement including qualified institutions placements (QIP), subjected to shareholders approval in the ensuing annual general meeting to be held on June 28


PTI
June 3, 2019



PTI
May 14, 2019



PTI
May 14, 2019
Generally, credit card companies earn from the merchant discount rate for transactions, interest payments for later payments and also the fees


PTI
May 14, 2019



PTI
May 14, 2019
The list of detractors of such model includes Aditya Puri, who led HDFC Bank to become the largest private sector lender in India


PTI
May 14, 2019



Rashmi Pratap
New Delhi, May 13, 2019
Why you should be very worried.


BusinessToday.In
May 12, 2019
With the launch of its afforadble Jio mobile point-of-sale devices, Reliance Industries could consolidate the scattered PoS market, a report by Bank of America Merrill Lynch said


PTI
May 12, 2019



PTI
April 30, 2019



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