Category Archives: India – Payments news

News of Indian “Payments” industry

Digital payments industry still awaits debit card reimbursements

Site Default/ October 1, 2018/ India - Payments news/ 0 comments

Government has already reimbursed the merchant discount rates applicable on digital transactions via debit cards for a period from January to June to banks, says digital payments industry body PCI LiveMint: Thu, Sep 27 2018. 11 51 PM IST The government in December last year decided to bear the MDR applicable on transactions made through debit cards, BHIM-UPI and Aadhaar-enabled

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