Moneycontrol PRO

business

Card cos, banks asked to waive debit card merchant fees: Srcs

According to a CNBC-TV18 report, PMO has asked card companies (both RuPay and private card companies) and banks (both public and private banks) to waive the transaction fees also called merchant discount rate (MDR) on debit card usage.

first published: Nov 22, 2016 02:03 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347