We have not enabled payout via standard cards. If you want this feature to be enabled on your standard card please drop us an email on support@karboncard.com .
There are certain terms and conditions to enable payout for standard card-
- We will do credit evaluation for payout product to enable this feature.
- We can provide 10% to 100% * of your Standard card limit for payout. (terms and conditions apply)
There are some charges associated with using payout feature for the Standard card
- You will be charged 1.75% plus GST per transaction
- No cashback is available on Standard card.
Let's say you make the transaction for INR 10,000. In that case you will be charged for INR 206.5
1.75% of INR 10,000 = INR 175
18% GST on INR 175 = INR 31.5
Total= INR 206.5