April 14, 2021
The facility was under testing at Mysuru
This will further help in promoting digital and cashless transactions.However,
the said exemption has been granted only on the bookings made for an amount upto
Rs. one lakh.New Delhi: The Indian Railways announced that Merchant Discount
Rate (MDR) charges will not be levied on passengers for booking railway tickets
(at the railway ticketing counters as well as through IRCTC ticketing website)
on payment made through debit cards for a transaction value.Ministry of Railways
had informed Department of Expenditure that all proceeds from sale of tickets
through IRCTC website/counters go to Consolidated Fund of India through Ministry
of Railways and such transactions should be considered as government
receipts.Instructions to this effect have been issued to the banks by Department
of Financial Services, Ministry of Finance on February 26, 2018.It will be
extended to all other stations of Karnataka from March 2.
The facility was under
testing at Mysuru, Bengaluru and Hubballi stations of South Western Railway with
tickets being issued at these stations form one counter as trial since March
1.Also, Indian Railways has initiated the facility of Displays
& Light-box Materials manufacturers printing ticket details in local
language on unreserved tickets issued through Unreserved Ticketing System (UTS)
with first such language being Kannada..The benefits on government transactions
must be passed on to the public, and they should not face MDR charges while
making payments to government
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01:29 AM
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