

Called and they labeled it fraud, but would not reverse the charge. The move, as per the economic affairs secretary will help penetrate digital transactions into our economy even further. I have never had an account with Endicia and not signed up for services with or other partners. You can put a credit card or bank card in to pay for the labels as. The move has come into effect in accordance with the government's aspiration to move towards a 'cash-less' economy. I use PirateShip and they do not charge any additional fees besides the actual shipping. Economic affairs secretary Shaktikanta Das. As of October 2015, there were 61.5 crore debit card users and 2.3 crore credit card holders in the country. Major banks in the country announced waiver of merchant discount rate on debit cards to facilitate payments by customers following governments move to. So, there will be no charge on use of debit cards. Service plan and insurance payments are always applied to a credit card, but to pay for postage, you can specify the same credit card as your service plan or your checking account.

ENDICIA CHARGE ON DEBIT CARD UPDATE
"The MDR charges on use of debit cards, the charges being levied by the banks and the switching charges will stand completely waived. In your Endicia online account, you can update or change the method of payment for your service plan or postage purchases. So far, customers bear the transaction cost commonly known as merchant discount rate (MDR) on payments made to the government. Other debit cards which operate international card network companies like Mastercard and Visa, currently charge transaction charges. Endicia reserves the right to charge you any unpaid fees or other delinquent obligations by your provided payment method including, but not limited to, your credit/debit card or direct debit from a checking account (ACH) if such checking account information has been provided to be debited via ACH by Endicia for any purpose. In a statement, Economic Affairs Secretary Shaktikanta Das said, "Public sector banks and some of the private sector banks, and some of the service providers who provide switching services, have agreed to waive the service charges on the use of debit cards up to December 31, 2016." So far, Rupay has already waived off the switching charges. New Delhi: In a bid to encourage and promote digital transactions post demonetisation the government announced today that no transaction charges will be levied on debit cards till December 31.
