In an attempt to boost digital payment adoption India has banned banks from charging any fees for card payments. Traditionally a credit card processor may charge upwards of 2%.This will cost institutions operating in India $700 million annually.
INTERNATIONALIndia’s Bankers Seek Removal Of Transaction Fees
https://www.pymnts.com/news/international/2020/indias-bankers-seek-removal-of-transaction-fees/
India’s government has removed digital payment fees for merchants
https://www.businessinsider.com/indian-government-removes-merchant-digital-payment-fees-2019-7
Follow me on Twitter @ https://twitter.com/jungleincxrp
Join me on Facebook: Junlge Inc XRP
https://www.facebook.com/JUNGLEINCXRP
Thank you for Subscribing!!
#ripple
#xrp
#Jungleinc
Related Post:
- Ripple XRP Friday Q&A! [U.S. Users No Longer Allowed To Use Binance] 300 XRP Giveaway!!
- Bitcoin sẽ chiếm ưu thế trên thế giới, bcc sẽ bị xóa khỏi sàn tin bitcoin ngày 9
- Next bull run: Highest fees Bitcoin has ever seen? $200-$500 fees? Lightning not able to save it
- ? India Crypto Bad News ?? India Crypto News Hindi ? India Crypto News ?? India Crypto News Hindi ?
- Ripple XRP: The Argument Between High Fees Vs. Low Fees For Customers Using Ripple
- PROOF XRP IMF MasterCard VISA India Trade Connect.500,000 merchant. 10 million Ripple NET
- Ripple XRP: Ripple’s Cost To Transact Is A 1000th Of What The Banks Charge
- Ripple XRP: German Banks Allowed to Sell and Custody Crypto & Xsong's to Revolutionize Music
- #XLM HAS CHANGED THE GAME #ACH $USDC Its Official BIG DAY FOR XLM #XRP SLAM DUNK CASE BULLZILLA123
- Wow… The Crypto Game Has Changed! Could Denta Coin Make Us Rich?
