India’s government has removed digital payment fees for merchants
|07/10/2019||Posted by BusinessMediaguide.Com under General World News||
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Indian retailers with payments volume of at least Rs 50 crore ($7.3 million) a year will no longer have to pay banks a fee of close to 2% on electronic payments, according to the Times of India.
Banks that previously charged merchants the fee will now have to “absorb” it since the government has banned them from doing so, per The Economic Times.
Meanwhile, the read more >>>