Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards
PYMNTS
JANUARY 2, 2020
50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The fine for non-compliance is going to be ?5,000 The finance ministry in India passed a new regulation saying that companies with sales of more than ?50
Let's personalize your content