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Tag: merchant discount rate

Why Banks Offer Higher Discounts on EMI Transactions Than Outright Purchases?

Deepesh Raghaw

December 31, 2022

You open Amazon/Flipkart to purchase your favourite gadget. You notice you can get a discount if you pay using a credit card from a particular bank. And you get a higher discount if you purchase on EMIs using the same credit card. Interesting, isn’t it? Why higher discounts on EMI purchases? But first, why discounts… Continue Reading

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