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Govt. Notifications/Circulars

Operationalisation of online payments through debit/credit cards
Date : 16 Jul 2015
Department / Organisation  : DGFT
Name Of the Ministry  : Ministry of Commerce & Industry
Notification / Public Notice /Circular Number  : TRADE NOTICE NO.07/2015 Dated 9th July, 2015

 

Sub: Operationalisation of online payments through debit/credit cards

Directorate General of Foreign Trade has launched the facility of online payment of application fees through Credit/Debit cards and electronic fund transfer from 53 Banks (List annexed) towards paperless, online functioning in 24x7 environment.

The charges applicable for using internet banking, debit/credit cards will be as follows:

 

Transaction

Processing

Charges

Visa/Master Card Credit card transaction:

1.45% of payment amount per transaction.

Visa/Master Card/Rupay Debit Card transactions:

For transactions upto Rs.2000/- : 0.75% of payment amount per transaction.

For transactions above Rs.2000/- : 1.00% of payment amount per transaction.

Net Banking Transactions:

For transaction upto Rs.10,000/- -: Nil

For transaction above Rs.10,000/- -:Rs. 14/- per transaction/across all banks

Service tax would be extra

 

For original Trade Notice, please click here.