MERCHANT DEDUCTED MORE AMOUNT THAN APPROVED ON POS MACHINE.
- 2245
- 16
-
- Last Comment
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
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
15 Comments
|
4 Dimers
- Sort By
https://www.desidime.com/discussions/merchant-deducted-more-amount-than-approved-on-pos-machine?page=1#post_8271218
ohh , this happened with axis , let me try complaining .
on chat they just said it is merchant issue.
View 7
more replies
https://www.desidime.com/discussions/merchant-deducted-more-amount-than-approved-on-pos-machine?page=1#post_8273032
As per the updated TnC of most credit cards, such surcharge by merchants are outside the purview of credit card issuers.
https://www.desidime.com/discussions/merchant-deducted-more-amount-than-approved-on-pos-machine?page=1#post_8273146
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.
View 4
more replies
Click here to reply
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