Only Premium & Super Premium Cards Discussion

[aceventura]

Lekin MDR bill payment me lene lag gaye toh cheating hogi wo toh 🤣🤣

Imagine you're a landlord. Your rent wala insaan wants to send you rent money.
I tell him to give it to me, so that I can charge You the landlord, a nice commission (read -MDR) on it.

Gaali khayega na rent payer

I would assume they are charging MDR for Billpay if done through DC. One can use Savings Bank balance for Billpay too, but that does not get the cashback. They still need to pay MC or Visa if someone uses their DC for anything other than ATM transactions.

 

[leonneel]

Btw does anyone know how to get vip lounge badge? And how to join cashback hunter group? I can't find that group in search group

 

[NOOBY]

Btw does anyone know how to get vip lounge badge? And how to join cashback hunter group? I can't find that group in search group

For VIP Lounge, you need super premium card (infinia/reserve/magnus/etc)

for your other question, I assume you need to ask someone to invite you in that closed group

 

[saucy]

I would assume they are charging MDR for Billpay if done through DC. One can use Savings Bank balance for Billpay too, but that does not get the cashback. They still need to pay MC or Visa if someone uses their DC for anything other than ATM transactions.

Charging to the business, right?
Why would a business accept to give those charges knowing fully well that there are free methods available?

 

[aceventura]

Charging to the business, right?
Why would a business accept to give those charges knowing fully well that there are free methods available?

It is charged to the business. Isn't that the basic business of MasterCard and Visa?

Why does a store accept credit or debit card payments when they can simply accept cash?

 

[saucy]

It is charged to the business. Isn't that the basic business of MasterCard and Visa?

Why does a store accept credit or debit card payments when they can simply accept cash?

Koi baat nahi bhai. Aap jungle book padho

 

[Salvo08]

I would assume they are charging MDR for Billpay if done through DC. One can use Savings Bank balance for Billpay too, but that does not get the cashback. They still need to pay MC or Visa if someone uses their DC for anything other than ATM transactions.

Absolutely they would be charging MDR and that’s why they extend that 1% Cashback. And that’s why most banks extend you that benefit for bill payments.