Sachin Punia
TF Buzz
One last thing I want to ask if I raise charge back then do my customer need to pay credit card bills at the end of every month ? or it will be waived off until payment is not credited to card or decision is not made ??Do you have GST no.?? Is pos machine in your individual name ??
Talk to customer care e-mails are useless if they end up at 540 days hold than ask customer to raise chargeback.
Customer will get immediate temporary credit limit in their respective credit card. Final card limit will take 2 months in most private banks and or 4 months for PSU banks.
They will still charge you MDR of 7.5 lakhs. That'll be according to your agreement. Either they'll debit it from your current account if you have fiserv machine . If you have pinelabs machine you'll have deposit it in their account.
Although i haven't given them 11k mdr yet they kept asking till December but gave up. But it still shows in their system against my mid.
My money was stuck on june. I raised chargebacks in july and till end of October i received all refunds.