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DCC Markup charges by Axis Flipkart Credit Card

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Deal Cadet
guri92g843
Hi I did the wallet load with Axis flipkart cc 2500rs, but axis charges 1% me 25rs +gst mentioned DCC Markup charges, anyone explain what is this
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Generous Generous
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Which wallet did u load?

AFAIK DCC markup fee is charged only for international transactions.

Deal Cadet Deal Cadet
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MobiKwik 1% charge
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Deal Newbie Deal Newbie
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Same happened to me. Its because of new rules are implemented fir fk axis cc. From this month, all paytm wallet loads will hit us with gst and dcc markup

Deal Lieutenant Deal Lieutenant
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Fk axis charged me this DCC markup for flipkart purchase. Don`t know what they are doing

Helpful Helpful
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WTF! ..... so many changes for all banks credit card these days.. 

will stop using my FK Axis card for now.. having 2.5 L limit.. but until axis and flipkart gives clarity on this.. better stop using guys.


can any one ask flipkart and axis on Twitter???

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Deal Cadet Deal Cadet
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Yes, same happened with me.

I added 4,000 rs. in paytm wallet via zomato and next day I was charged with DCC markup charge of rs. 40 + rs. 7.2 GST.

Generous Generous
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Was planning to test 100txn on  wallets to see where cb is still coming, but looks like its useless now untill they rectify this stupidity of foreign entity registration

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Cool Cool
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They charged dcc markup fee on D mart and IKEA order transactions.

Deal Cadet Deal Cadet
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Hahaha dcc charged for Myntra transaction. Is it because Myntra is registered hq abroad or something? Although i received message 5% cashback for Myntra transaction. Let's see. 

Benevolent Benevolent
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What's this DCC?

AFAIK, Markup is only for intl txns scream fearful

Ye bank k liye best line hai mera - ye chor tha/hai/rahega triumph rolleyes

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Finance Mentor Finance Mentor
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Used on FK for genuine purchase yesterday, can't see any DCC charges yet. Main Txn is under processing, will update if any dcc charges hit me.

Helpful Helpful
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Me too done on flipkart, will reflect tomorrow

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Deal Cadet Deal Cadet
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FBIMG1678300227590


FBIMG1678300230271



#Axis After 05march2023 t & C changes New scheme of bugs with DCC charges from each cashback they will make money in axis cards kindly confirm all axis cards suffering with same or only with #flipkart_axis card .

Right now myntra, flipkart & zomato merchants category all marked as DCC category transaction after settlement.

Deal Newbie Deal Newbie
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Myntra, Flipkart are linked with Wallmart

Deal Cadet Deal Cadet
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#Axis After 05march2023 t & C changes New scheme of bugs with DCC charges from each cashback they will make money in axis cards kindly confirm all axis cards suffering with same or only with #flipkart_axis card .

Right now myntra, flipkart & zomato merchants category all marked as DCC category transaction after settlement.

image

Deal Cadet Deal Cadet
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Same happened with me
Deal Cadet Deal Cadet
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FBIMG1678302047154

Recently found something else what's happening? @guest_999

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Generous Generous
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Repost

https://ddime.i...sQ

Deal Subedar Deal Subedar
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image

Dynamic Currency Conversion (DCC)

Flame Flame
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I also got some 40rs DCC charges

Critic Critic
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Visit the above link, same issue.

Deal Lieutenant Deal Lieutenant
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Ab ye kya naya बखेड़ा hai?

Helpful Helpful
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Citi ka kharcha humse vasool raha hai bank Chor bank as usual @MrKool_JJ
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Helpful Helpful
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Kop ka mahaul hai sleeping

Helpful Helpful
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I believe Flipkart is registered as Flipkart India Pvt Ltd in India and same for Amzon India Pvt Ltd it seems to be a glitch from Axis
Helpful Helpful
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i made a trans. of 237 rupees on mobikwik, DCC markup charges 2.37+0.43

Deal Cadet Deal Cadet
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Requesting op to add a list  where all dcc is being charged basis the comments. I hope issue is limited to this card as of now

Helpful Helpful
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I also got charged dcc markup for buying groceries from more supermarket 

Helpful Helpful
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more super market is also settling transactions outside india?
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Post Tycoon Post Tycoon
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I think since its new system is charging on many transactions eventually they will exclude indian merchants day by day, and reverse the fee charged by systems or u need to complian and get reversed.

Deal Captain Deal Captain
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Axis bank k liye best line hai sab ka aur mera - ye chor tha/hai/rahega 😣

Critic Critic
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Line trademark violation @MrKool_JJ smile
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Finance Ninja Finance Ninja
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Nice move, hope other banks will also follow. 😜😜

Deal Captain Deal Captain
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These rogues are charging it randomly. Local pharmacy transaction and reliance smart point transaction were marked for DCC

Deal Newbie Deal Newbie
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screencapture-mail-google-mail-u-0-2023-03-09-132725

Deal Subedar Deal Subedar
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Transaction done by me at Vishal Mega Mart also charged for DCC.

Deal Subedar Deal Subedar
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Good News: DCC charges for this transaction has been reversed by Axis Bank.
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Deal Baba Deal Baba
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They charged me DCC for 1mg transaction on tataneu

Deal Baba Deal Baba
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I contacted cc. They said it will get reversed in 10 days

Savings Mentor Savings Mentor
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This is where everyone should put their foot down and complain to RBI. This is not acceptable and ridiculous. DCC for local transactions? Even if it was levied erroneously, Axis Bank, IndusInd Bank or whoever let this "accident" happen should apologize.

Deal Cadet Deal Cadet
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Anyone know how to complain to RBI?
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