merchant

RBI Cracks Down on Fintechs for Merchant Misclassification: The Reserve Bank of India is intensifying its crackdown on fintechs misclassifying retail merchants as utility merchants to exploit lower credit card interchange fees. This loophole impacts over ₹5,000 crore in transactions every month...

One of my friend have paytm merchant who accepts payment through cc upi... But recently he can see charges for transaction under 2k.... And now he just disabled the option to accept payment via rupay cc... This might be the another nail.in the coffin of rupay cc on upi

Guys, Those who are using Swiggy hdfc card, can you please confirm the merchants that are confirmed to get 5% cashback? I see that Amazon, Myntra, Flipkart, Ola, Uber, BMS, 1mg, Meesho and Ajio are confirmed based on their advertising. Can you please list other merchants that you have...

Hi TF community, I made a transaction of around 5.5L on tanishq in single transaction and around 3L on caratlane in multiple transactions with tata neu infinity card. The merchant name is showing the R K SWARN PRIVATED LTD, due to this I only get 1.5% base neu coins and No Bonus coins for these...

I used Amazon pay qr code to pay a merchant. Got option to use credit card. Used Atlas and confirmed the MCC as electronics/radio/etc. Now If I pay the remaining amount to the merchant using apay icici card by scanning his qr code, I get 5% cashback right?

Hi Guys, Can anyone of guys confirm the merchant name for the amazon gift cards purchase via Maximize money as i dont have time to confirm by doing a test transaction given today is last day of the month and it takes at least 2 days for the transaction to settle. Please also indicate the date...

Hi everyone, I am in middle of a dispute with a merchant on a travel package. total of 1.4L paid in axis card After payment, the agent started not responding properly and not honouring what was promised in the package (telling this hotel is not possible, that option is not possible). I have...

This is an indicative list of merchants (without MCC) and their classification category. Downloaded it from https://www.axisbank.com/docs/default-source/default-document-library/merchant-list-for-shopping-mall-transactions.pdf

I have a 15k payment which needs to be done next month towards a temple festival and I was thinking if I can do 1K daily to my contact who has merchant QR for her astrology related work. This way I can also get rewards and my contact will withdraw from ATM and pay to the temple (As they don't...

I was trying to pay a Paytm Merchant 1100 rupees using my SBI rupay credit card but I got this strange message that I have never seen before

The transaction fails with the above message. However it goes through with bank account OR with same credit card with another app. Has anyone else faced the same? A solution would be appreciated.

Dear All, I have done a hotel booking via booking.com and paid in 224.05 MYR via my World safari RBL credit card for my upcoming trip. Payment done on Feb 18th 2025 and the equivalment conversion settled to INR 4,393 Applied refund due to other reasons and merchant approved 100% refund...

Hey, I haven’t transferred a lot in my merchant account, but now I’m facing an error while making a payment. What should I do?

Hello everyone, I recently faced a shocking issue with IDFC FIRST Bank and a fraudulent merchant claim, and I need advice on how to fight back. Here’s what happened: The Beginning: I joined a gym and paid INR 6,120 twice (totaling INR 12,240) for two gym memberships using my IDFC FIRST Bank...

I bought a couple of things on Amazon and a 2K GV, totalling 4K using HDFC Swiggy. In the HDFC app it was "WWW AMAZON IN GUR" I've read "WWW AMAZON IN" MCC is 5399. Is it the same?

Hi Team, If we scan bharat qr code, will be able to pay with amazon icici visa credit card via GooglePay app? Also can we get 1% cashback?

My friend lives in US and I had ordered a iPhone on Apple US website and paid using my Amazon Pay ICICI credit card. Due to some damages the item could not be delivered and the merchant processed the refund. I was hopefully that i would get refund of my Forex fees also since it was the...

From the past few months, I've been making payments to some merchants using my BoB RuPay Credit Card via the BHIM app. However, I've noticed that their soundboxes (like Paytm and ICICI) often don’t fetch these transactions properly. Has anyone else faced a similar issue? I’m looking for a...

I was checking my old statements of my citi credit card and found a txn done on 18 dec 2023 for which i can't remember the purpose for the txn and merchant name mentioned in statement isn't very clear which could have helped me to identify the txn reason I already contacted cc of axis bank but...