The hike in ATM interchange fees, effective from May 1, will drive ATM network expansion, especially in rural areas, by ...
The RBI has approved a Rs 2 increase in ATM interchange fees, which is a charge that one bank pays to another for offering ...
India recorded 208.5 billion digital payment transactions, of which the volume of UPI transactions was 17,221 crores. But ...
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Big news related to crores of ATM users, ATM interchange fee will change from May 1, more charges will have to be paid!The Reserve Bank of India has approved the increase in ATM fees by Rs 2 on financial transactions and Rs 1 on non-financial ...
The decision to increase interchange fees was endorsed by the National Financial Switch Steering Committee on March 6, 2024, following a series of requests from ATM operators who have been grappling ...
The Reserve Bank of India (RBI) has sanctioned a notable adjustment to ATM interchange fees, signaling a potential shift in ...
Cash withdrawals from ATMs will become costlier in India as the Reserve Bank of India (RBI) has increased interchange fees.
At more than $187 billion, credit and debit card interchange fees reached another new record last year, according to the ...
Customers will have to pay Rs 19 per cash withdrawal and Rs 7 for non-financial transactions as RBI raises ATM interchange ...
Starting May 1, withdrawing cash from ATMs in India will become more expensive. The Reserve Bank of India has approved a hike ...
Latest reports state that the Reserve Bank of India approved raising ATM interchange fees following a recommendation by the ...
The hike is part of an RBI-approved revision based on a proposal by the National Payments Corporation of India (NPCI).
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