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Businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards.Business
Visa critical of India's move towards no-fee debit card transactions

For debit cards, the fees are on average between 0.40 per cent and 0.80 per cent of the transaction amount.

20 Aug 2019 8:30 AM IST

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