Tag «waived»

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 …