SBI Revised Charges for Merchant EMI and Rent

[Nemesis]

Source (SMS Link): https://www.sbicard.com/sbi-card-en/assets/docs/pdf/revised-charges.pdf

 

[Tosh]

Not sure if it's a very basic/stoopid question but I am new to this so please bare with me.

What is merchant emi charges?
Meaning converting transaction to emi will attract charge of that amount. If so will it be one time or monthly? Even if it's no cost EMI?

 

[rp0703]

Not sure if it's a very basic/stoopid question but I am new to this so please bare with me.

What is merchant emi charges?
Meaning converting transaction to emi will attract charge of that amount. If so will it be one time or monthly? Even if it's no cost EMI?

It's like processing fee. It's one time per transaction, not every month.

 

[Strange]

Got this email yesterday.