MERCHANT DEDUCTED MORE AMOUNT THAN APPROVED ON POS MACHINE.

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vkrmjeet

axis is saying that they deducted 2% + gst transaction charges.
it generally happens on fuel transactions but i didn’t know they can do this.
it has happened first time with me , merchant is a govt college so no remedy from merchant side but it is kind of bad practice they didn’t even tell me.

spent 23875 billed for 24410.28


https://cdn0.desidime.com/attachments/photos/744238/medium/IMG_20220217_104504.jpg?1645083932https://cdn0.desidime.com/attachments/photos/744239/medium/IMG_20220217_105337.jpg?1645083947

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Deal Cadet Deal Cadet
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I too faced same issue with Kotak Credit Card for an Engineering college fees

I raised a complaint with the bank and within 10-15 days difference amount was credited

Hotshot Hotshot
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ohh , this happened with axis , let me try complaining .
on chat they just said it is merchant issue.

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Finance Mentor Finance Mentor
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As per the updated TnC of most credit cards, such surcharge by merchants are outside the purview of credit card issuers.

Hotshot Hotshot
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then it is kind of scary , if merchants will  be able  to put transaction charges on consumer , the whole idea of using a credit charge will be void.

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