Starting May 1, 2025, NPCI is set to increase interchange fees for Rupay credit cards, affecting both domestic and international transactio...

The Reserve Bank of India has raised the maximum ATM withdrawal fee banks can charge to Rs 23, starting May 1, 2025. This follows an approv...

Effective May 1, 2025, ATM transaction fees will increase to Rs 23 per transaction, up from Rs 21. Customers will continue to receive five ...

The RBI and NPCI approved a Rs 2 increase in ATM interchange fees for cash withdrawals, effective from May 1, 2025. The new fees will be Rs...

RBI has set up a review committee to revise the fee structure for white-label ATMs (WLAs) to propose a fair and sustainable model. The comm...

The Confederation of ATM Industry, or CATMI, wants this fee to be raised to a maximum of Rs 23 per transaction to ensure more funding commi...

The National Payments Corporation of India has set the interchange fee at 1.1% for merchant transactions initiated using a Prepaid Payment ...

One97 Communications which owns a 49% stake in Paytm Payments Bank (PPBL) said in a stock exchange filing on Monday that the payments bank ...

Bank customers will have to pay Rs 21 per transaction, instead of Rs 20, with effect from January 1, 2022, if they exceed the monthly limit...

ET was the first to report in its September 9 edition that lenders had approached the RBI seeking relaxation in its scheme citing issues of...

The RBI in June raised the interchange fee for financial transactions from Rs 15 to Rs 17, while for non-financial transactions the increas...

However, customers will continue to be eligible for five free transactions (inclusive of financial and non-financial transactions) every mo...

Besides, free withdrawals may be capped at 3 for urban areas in place of the current 5 free transactions.

The National Payments Corporation of India (NPCI) had proposed the interchange fee at 1% of the transaction amount subjected to a maximum o...

It says the latest RBI direction to reconfigure cash vending machines will increase their cost by at least 25 per cent, leaving them unviab...

Banks with big micro-ATM network want fee on transactions by competitors’ customers to be raised to 1% from 0.5% as they find it unviable t...

A panel formed to suggest a fair fee structure for ATM transactions has set a time frame of 15 days for lenders to place their draft propos...