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Any one get approval of Myntra kotak card ?
I have received an offer for 12.5% cashback on all orders.. has anyone else received it too?Kotak Bank launching new credit card
Kotak Myntra credit card
7.5 % instant discount on Myntra cap 750 per transaction
for Limited time -0 joining fee
500 annual charge
500 welcome gift voucher
2 PVR ticket for 50k spend in a quarter
renewal waver for 2 lakh spend in a year
Where did you receive it?I have received an offer for 12.5% cashback on all orders.. has anyone else received it too?
Attached screenshot of offerView attachment 18857
Where did you receive it?
On mytra mobile appWhere did you receive it?
When I clicked on the link I can see the offer but I want to know where exactly you found it because I can't find it on my account and that makes me wonder if I am pre approved or not.
Upi transactions pe mdr kabse lagne lagaView attachment 18639
They want us to pay MDR and then get rewards on UPI txns😂
Market main Competition itna hai ki jiss din merchants ne mdr lagana Shura kardiya log use chodkar doosre jagah Saman lene lagengeUsi k liye toh merchant k liye bhi mera suggestion diya tha.
Ya toh apna profit kam karo ya toh product ka price badha do aur usme MDR include kar k bechna start kar do.
Time lagega but dhire dhire merchants ko akal aa jaygea.
Jaise abhi k merchant ko itni akal hai ki transportation ka cost bhi customers se he wasoolna parta hai, phir agar by chance koi product kharab ho jaye toh uska loss na jhelna pare isiliye hamesa aur jada price me becha karo customers ko taki future me koi dikkat aaye toh usko jhel jayenge.
Same, extra MDR ka kissa bhi ekdin close ho jayega aur merchants ko akal aa jayega aur kabhi bhi customer ko nahi bolega ki extra 2% MDR do.
Logo ko har chiz smajhne me time lagta hai. Humare human mind ka evolution hone me bahot time laga hai. Ek din yeh baat bhi merchant and customer hazam kar lega.
CC on UPI & wallet UPI txns pe bank merchant se 1.1% mdr le rha h for above ₹2000 payments. Bank to bank UPI free h.Upi transactions pe mdr kabse lagne laga
Ni dekho bank to bank UPI me to hardly koi reward mil rha h isliye agar mdr leke usse thoda zyada reward mile to log charges wala instrument hi prefer karenge.Market main Competition itna hai ki jiss din merchants ne mdr lagana Shura kardiya log use chodkar doosre jagah Saman lene lagenge
Cc on upi Kapse aaya sirf ppi wallet se transaction above 2k pe 1.1% jitna Maine circular padhaCC on UPI & wallet UPI txns pe bank merchant se 1.1% mdr le rha h for above ₹2000 payments. Bank to bank UPI free h.
Matlab jyada paisa bharke ussi ka thoda Hisa vaapis milne rewards ke form meNi dekho bank to bank UPI me to hardly koi reward mil rha h isliye agar mdr leke usse thoda zyada reward mile to log charges wala instrument hi prefer karenge.
CC on UPI ka abhi implement ni hua h but uski b planning h tabhi banks ne precautionary measure leke rewards ko above ₹2k rkha h for CC on UPI txns. Latest example Axis ka Kiwi card hai.Cc on upi Kapse aaya sirf ppi wallet se transaction above 2k pe 1.1% jitna Maine circular padha
MDR customers ko ni bhrna hota hai but India me ye chiz strictly implement ni kia h except biggies like Amazon & Flipkart. Isliye at the end customer ko pay krna pd jata hai and that proves to be bad deal.Matlab jyada paisa bharke ussi ka thoda Hisa vaapis milne rewards ke form me
Yeh Kya logic hai bhai?.
This is a very common practice in tier 1 cities.
The grocers who charge mdr for card payments end up losing to customers online apps or dmart
voh to fintech hai baaki koi ruapy card par yeh abhi tak nahi aaya haiCC on UPI ka abhi implement ni hua h but uski b planning h tabhi banks ne precautionary measure leke rewards ko above ₹2k rkha h for CC on UPI txns. Latest example Axis ka Kiwi card hai.
Tier 1 cities mein mostly bills above 100 pe hi card lete hai but isse log dmart aur metro jaise wholesalers ke pass jaana prefer karte haiMDR customers ko ni bhrna hota hai but India me ye chiz strictly implement ni kia h except biggies like Amazon & Flipkart. Isliye at the end customer ko pay krna pd jata hai and that proves to be bad deal.
yeh karenge to log rupay use karna hi chod denge.CC on UPI ka abhi implement ni hua h but uski b planning h tabhi banks ne precautionary measure leke rewards ko above ₹2k rkha h for CC on UPI txns. Latest example Axis ka Kiwi card hai.
Ye customer acquisition kr rha h Rupay isiliye isey hi preference diye h cc on UPI k liye. Likewise Rupay Platinum Debit card jaise saste card pe lounge access de rhe h. Ek time aayega iske saturation ka bhi. Tab MDR lenge ye log.yeh karenge to log rupay use karna hi chod denge.
many of the poeple in my friends circle only use rupay card because unhe upi pe rewards milte hai agar ab upi pe bhi mdr bharna pade to back to visa and mc cards jispe mdr merchant ko hi uthana padta hai
par phir customers chale jaayengeYe customer acquisition kr rha h Rupay isiliye isey hi preference diye h cc on UPI k liye. Likewise Rupay Platinum Debit card jaise saste card pe lounge access de rhe h. Ek time aayega iske saturation ka bhi. Tab MDR lenge ye log.