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

Airtel Merchant Bank, Suddenly Stopped receiving upi payment through Rupay Credit Cards

Apply For Lifetime Free IDFC First Credit Card
D

Deleted member 30411

TF Buzz
I am a merchant using Airtel Payment Merchant account QR for receiving payments from customers through Rupay Credit Cards but from 1st JUNE 2024 It's not accepting payments through Rupay Credit Cards(not even below 2k)

Is any new rule/restrictions imposed by RBI on merchant account EXCEPT MDR charges on transaction above 2k, becoz before 1st jun I can easily accept payments through Rupay Credit Cards.

Pls help to which merchant should I shift?
 
Apply For LTF AU LIT Credit Card
yusuf646 said:
Paytm Merchant is still working fine for everyone in my area. PhonePe recently stopped Rupay CC payments for few merchants don't know why.
Click to expand...
I want to make mobikwik merchant account but unable to do it?
On PhonePe Merchant account they are asking for physical verification. Don't want to do verification.
 
Demo009 said:
I am a merchant using Airtel Payment Merchant account QR for receiving payments from customers through Rupay Credit Cards but from 1st JUNE 2024 It's not accepting payments through Rupay Credit Cards(not even below 2k)

Is any new rule/restrictions imposed by RBI on merchant account EXCEPT MDR charges on transaction above 2k, becoz before 1st jun I can easily accept payments through Rupay Credit Cards.

Pls help to which merchant should I shift?
Click to expand...
There's is some issue going on from Airtel side...
 
Apply For LTF Scepia Credit Card
Ak Singh said:
they are asking for physical verification. Don't want to do verification.
Click to expand...

It is becoming mandatory. Can't deny such things in the future.

Demo009 said:
But Paytm has stopped onboarding process, idk why RBI hate so much small merchant.
Click to expand...

How did RBI hate small merchants? Don't you have any other options (PhonePe) in your place? When everything fails, try GPay business that offers a complete online onboarding. Any genuine business/merchant/shop can onboard swiftly.
 
pothi said:
It is becoming mandatory. Can't deny such things in the future.



How did RBI hate small merchants? Don't you have any other options (PhonePe) in your place? When everything fails, try GPay business that offers a complete online onboarding. Any genuine business/merchant/shop can onboard swiftly.
Click to expand...
No even genuine small merchants can't onboard for gpay account (full fledged)
Since they ask for electricity bill/invoice/shop board(with address and shop owner name which should be exactly same as the gpay account)
These things does make it difficult for SMALL merchants
 
Last edited:
anantnitish said:
No even genuine small merchants can't onboard for gpay account (full fledged)
Since they ask for electricity bill/invoice/shop board(with address and shop owner name which should be exactly same as the gpay account)
These things does make it difficult for SMALL merchants
Click to expand...
Exactly, i tried but unable to upgrade, if we want to receive payment directly to our bank accounts by others savings account then we don't need any merchant app & will show them our bank QR code which don't require any kind of shitty verification & limit is also not just limited, BUT Most Customers own a Rupay Credit Cards as a result they want to pay the amount by Rupay credit card Only as it doesn't charge them & we, some merchant are ready to pay MDR charges, as a startup we don't wanna deny any customer, BUT these all merchant app has become a headache for not even excepting a single rupee from customers cc
 
You must log in or register to reply here.

Similar threads

sarcasm99
UPI payment through rupay credit card
Replies
9
Views
1K
iamdhamo
I
Back
Top