About Product:
Merchants will now have the option of accepting payments using Aadhaar pay option against sale of goods and services provided by them to their customers
Charges applicable for merchants (Per txn) :
Rs.100 – Rs.1,000 – Rs.3 Flat
Rs.1001 – Rs.10,000 - 0.25% of transaction amount **(Exclusive of GST)
Settlement of AadhaarPay transactions will be done on T+1 to the selected settlement account.
In future, we will have the real time settlement if the merchants have Fino Current Account. Separate
announcement will be made for this functionality
This has been enabled for few users and gradually will be enabled for all users by 7th Mar’22.
This will be available on Mitra App version 4.6.7 & above.
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