Latest News on Merchants
Showing of 0 - 10 from 9 results
Merchants - Total results - 9
Jul 09, 2019
Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industryAbolishing merchant discount rate (MDR) to facilitate digital transaction in the country will dry up foreign capital investment besides leaving the sector without sources of revenue generation, the Payments Council of India (PCI) said on Tuesday
Dec 08, 2017
RBI's MDR rationalisation may discourage retailers, undermine digitisation efforts, say expertsIf the RBI ensures equitable distribution of MDR margins between all parties, then the acquirers will have enough resources to deploy the expensive POS terminals across all establishments in the country and thus help grow digital transactions
Jul 06, 2017
Reliance Jio launches JioFi JioGST starter kit with GST filing service for businessesThe starter kit that comes at Rs 1,999 offers access to a billing application and Jio's GST software solution for tax filing.
Jun 08, 2017
Amazon boosts sales in its marketplace by lending $1 billion to merchantsMore than 20,000 small businesses have received a loan from Amazon and more than half of those have taken a second loan from the company.
Mar 08, 2017
Puducherry to hold a seminar on 'Digi dhan' on March 8, will create awareness about digital transactionsUnion Minister Nirmala Sitharaman will inaugurate a seminar on 'Digi dhan' here tomorrow, which is aimed at creating awareness among merchants and other sections of people about digital transactions.
Dec 07, 2016
Banks told to instal 10 lakh more point-of-sale terminals in 4 months to expand digital paymentsTo encourage purchase of PoS machines, the excise duty payable on acquisition of POS machine which was earlier 16.5 per cent has been waived till March 31
Nov 23, 2016
FreeCharge aims at getting 1 million merchants onboard in next 12 monthsThe latest announcement from digital payments platform FreeCharge has reveals it is targeting to onboard one million merchants in the coming one year.
Jun 13, 2016
1,00,000 merchants now accept FreeCharge wallet in IndiaDigital payment platform FreeCharge on Monday announced that its wallet is now accepted at 1,00,000 merchants in India. With its less-than-10 second payment completion promise, FreeCharge has rapidly gained acceptance as a trusted and easy-to-use replacement for cash among merchants and consumers.
Nov 11, 2014
Alibaba may have sold products worth $8 bn in a day, but its traders aren't happyThere is no obligation on merchants to take part in the festival, but if they do, the only discount option is 50 percent or more.