every payment gateway charge some fee for transaction processing, it
depends on merchant they levied fee on you or settle them self.


On 3/26/12, Ekinath Khedekar <[email protected]> wrote:
> Vermaji,
>
> I couldn't stop laughing upon people digressing from your query.
>
> Anyway, Amar's answer is the apt one.
>
> Payment gateways can charge you. It depends on the type of contract
> they have with your parent, in your case LIC.
>
> I am pretty sure LIC must have allowed all the merchant terminals to
> charge their own policy holders like you with a transaction charges.
>
> Even i like transacting via my credit card. However, net banking does
> have comfort of you taking up matters with your bank.
>
>
>
>
>
>
> On 3/25/12, bhawani shankar verma <[email protected]> wrote:
>> hello accessindia!
>>
>> i am making my LIC premium payment online by credit card. it takes me to
>> the
>> IDBI payment gateway, a terms and conditions page open their and it is
>> stated that i have to pay additional Rs.35/- as credit card processing
>> charges. i am using my credit card since 2 years with various payment
>> gateway like ICICI, CITY BANK AND CCAVENUE, but, never paid any extra
>> charge
>> as processing fee. my question is: do the payment gateway have a right to
>> charge fee or levy for credit card transaction? if not, where to lodge a
>> complaint for the redressal.
>> i have written the matter to LIC to change their payment gateway, but, got
>> no reply.
>>
>> thanks,
>>
>> bhawani
>>
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>
>
> --
> “The waves breaking on the surface draw all the attention,
> but it is the current beneath the water that determines your direction.”
>
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