Threshold limits:
| Onboarding Mode | Daily Limit | Monthly Limit |
| Face to Face | Doesn't exceed 1,000 | Doesn't exceed 10,000 |
| Electronic | Doesn't exceed 500 | Doesn't exceed 5,000
|
Any single customer payment collected by MBEs on boarded using this policy cannot exceed
250.
Should any micro business breach the above limit for three consecutive months, bank and PSPs are expected to om-board such entities using regular merchant Onboarding process with full KYC, and accounting to CBO rules and banks internal controls shall apply.
Merchant Charges Fees.
- MPCSS QR Scan & Pay 0.75% (Transaction above
4.000/-) (Excluding VAT) - Minimum Charge Fixed
0.030/- (Transaction below
4.000/) (Excluding VAT)