merchant acquiring business through point of sale device (1)
TRANSCRIPT
MERCHANT ACQUIRING BUSINESS THROUGH POINT OF SALE DEVICE
TREND OF MERCHANT DISCOUNT RATE (MDR) IN (PERCENTAGE %)
CITY TYPE – SEMI URBAN (40)
HDFC BANK- 17 MERCHANTS (1.6 %, 1.25%, 1.5%, 2.5%, 1.03%, 1.12%, 1.7%, 1.00%, 1.2%)ICICI BANK- 2 MERCHANTS (2.00%)AXIS BANK- 7 MERCHANTS (1.6%, 2.00%, 1.2%, 1.00%, 1.25%)SBI -5 MERCHANTS (1.5%, 1.00%)NO POS DEVICE- 13 MERCHANTS
CITY TYPE- METRO (134)
HDFC BANK- 16 OUT OF 49 MERCHANTS (1.5%)ICICI BANK – 18 MERCHANTS (.75% TO 1%)OTHER BANKS- 5 OUT OF 17 MERCHANTS (1.00%)*OTHER BANKS INCLUDE (AMERICAN EXPRESS-2, SBI-3, BOI-2, HSBC-6, YES BANK-1, AXIS BANK-1, KOTAK MAHINDRA-1, CITI BANK-1).NO POS DEVICE-50 MERCHANTS
CITY TYPE- URBAN (80)
HDFC BANK- 2 OUT OF 22 MERCHANTS (1.00%, 1.25%)AXIS BANK- 1 OUT OF 15 MERCHANTS (1.75 %)ICICI BANKI – 4 MERCHANTSOTHER BANKS – 4*OTHER BANKS-(HSBC-2, YES BANK-1, IDBI-1)NO POS DEVICE- 44 MERCHANTS