• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

IDFC First Bank Launched its Debit Card Reward System

Status
The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
Bro whats Your Opinion will thwy do it
Be realistic. They can't do it.

If they forcefully try to do it, in that case
1. CC bill payment option won't be there.
2. Mcc gonna change to non eligible category.
3. Banks gonna blacklist the gateway entity.

So it's better to have a option with little charges than no option at all. Pata nehi commander (@Abhishek012) sir ko kav samajh ayega.
 
Be realistic. They can't do it.

If they forcefully try to do it, in that case
1. CC bill payment option won't be there.
2. Mcc gonna change to non eligible category.
3. Banks gonna blacklist the gateway entity.

So it's better to have a option with little charges than no option at all. Pata nehi commander (@Abhishek012) sir ko kav samajh ayega.
they can ,they will..We support supreme commander🤭
 
they can ,they will..We support supreme commander🤭
Rupay has zero MDR so they aren't losing money. The issue arises due to heavy transaction load and people flocking to use it and also people in banking space looking to close option to not give that much reward points. Just think if you earn 2.5% on credit card bill payment + 2-5% minimum on credit Card reward points that would be huge losses to sustain. It's not the gateway or rupay which is the issue.
 
Status
The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
Back
Top