https://www.taxtmi.com/news?id=15688 Promotion of payments through cards and digital means implements measures to reduce cash transactions by expanding acceptance infrastructure, withdrawing surcharge or convenience charges on card/digital payments by government entities, rationalising and differentiating Merchant Discount Rate across segments, mandating card/digital payment above prescribed thresholds, introducing formulae linked acceptance infrastructure for certain card products, rationalising telecom charges for digital transactions, promoting mobile banking, and creating assurance mechanisms for prompt resolution of fraudulent transactions. en-us Thu, 25 Feb 2016 09:25:07 +0530 Thu, 25 Feb 2016 09:25:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15688 Promotion of payments through cards and digital means implements measures to reduce cash transactions by expanding acceptance infrastructure, withdrawing surcharge or convenience charges on card/digital payments by government entities, rationalising and differentiating Merchant Discount Rate across segments, mandating card/digital payment above prescribed thresholds, introducing formulae linked acceptance infrastructure for certain card products, rationalising telecom charges for digital transactions, promoting mobile banking, and creating assurance mechanisms for prompt resolution of fraudulent transactions. News - Thu, 25 Feb 2016 09:25:07 +0530 https://www.taxtmi.com/news?id=15688