Can I read Floor Rates for On/Off-Us Transactions on EtoBox?

Floor Rates for On/Off-Us Transactions by Abhilash Mishra is a document available to read on EtoBox.

What is Floor Rates for On/Off-Us Transactions about?

1. The document announces new floor rates for merchant acquiring business (MAB) transactions to help boost business and market penetration. 2. Floor rates of 1.50% and 1.10% are set for off-us and on-us MAB transactions respectively, effective for six months from February 1, 2012. 3. Monthly rental rates for different POS terminal types are also specified, with the goal of sourcing 20,000 POS terminals by the financial year and 25,000 total by March 31, 2012.

Author

Abhilash Mishra

Language

EN