debit card Archive

MDR waived for debit card transactions at ICICI Bank merchants

Mumbai: ICICI Bank, the country’s largest private sector bank by consolidated assets, today announced that its merchant acquiring arm, ICICI Merchant Services Ltd (IMSL) has waived the Merchant Discount Rate (MDR) on debit card transactions at all merchants serviced by IMSL. It is effective from today, November 23, 2016 till December 31, 2016. Further, customers

Statement of ICICI Bank on debit card related case

An ICICI Bank spokesperson said, “We assure our customers that the ATM network of ICICI Bank is equipped with the best-in-class security measures. We would like to inform that the possible breach of information of debit cards has taken place in the ATM network of another bank. As a precautionary measure, the PINs of debit