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India’s government has removed digital payment fees for merchants

Indian Digital Payments Market
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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 >>>

Source:: BusinessInsider.Com