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Banks to cut charges on digital payments above Rs 1,000

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8 years ago

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New delhi, banks, paymenst, digital payment, charges, reduce, neft, impsNew Delhi: Encouraging digital transactions further, the government on Wednesday asked all public sector banks to lower the charges for various forms of electronic payments up to March 31, 2017.”In order to further promote digital and card payments, the Department of Financial Services, Ministry of Finance has issued a direction in public interest to all public sector banks,

“In accordance with which these banks shall not charge fees for transactions settled on Immediate Payment Service (IMPS) and Unified Payments Interface (UPI) in excess of rates charged for National Electronic Funds Transfer (NEFT) for transactions above Rs 1,000, with service tax being charged at actuals,” the government statement said.

Though the government’s directive did not specify from when these new charges would apply, it said these would apply for all transactions up to March 31, 2017. “For Unstructured Supplementary Service Data (USSD) transactions above Rs 1,000, a further discount of 50 paise on these rates shall apply,” the statement added.

The Reserve Bank of India last week instructed banks to remove all charges on customers for transactions up to Rs 1,000 settled on IMPS, USSD or UPI systems between January 1, 2017 and March 31, 2017. The RBI has also rationalised the Merchant Discount Rate (MDR) for debit card transactions up to Rs 2,000 over the same time period.

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Apple is giving a huge discount on its gadgets: Details inside

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3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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