Type of Cards | *MDR |
---|---|
Classic, Standard and Gold cards | 1.80% |
Premium cards | 2.00% |
Discover & Diners Club International Cards | 2.75% |
Home > Personal Banking > Digital Banking Services > POS Terminal
Type of Cards | *MDR |
---|---|
Classic, Standard and Gold cards | 1.80% |
Premium cards | 2.00% |
Discover & Diners Club International Cards | 2.75% |
For Debit / Prepaid Cards Issued by Visa / Master / Mastro | ||
---|---|---|
Merchant Type | ||
Small merchants (with turnover upto ₹ 20 lakh during the previous FY) |
Other merchants (with turnover above ₹ 20 lakh during the previous FY) |
|
0.40% + GST (MDR cap of ₹200/- + GST per transaction) |
0.90% + GST (MDR cap of ₹1,000/- + GST per transaction) |
For Debit / Prepaid Cards Issued by Rupay | |||||
---|---|---|---|---|---|
MDR | Nill |
For more information / negotiation on pricing for bulk supply, please feel free to reach us through the following communication modes;
Address | Contact No. | |
---|---|---|
Tamilnad Mercantile Bank Limited., (H.O), |
98421 10149 0461- 2326338 |
operations[at the rate]tmbank[dot]in
|