A UK court has ruled that the Payments System Regulator can cap cross-border card fees. Mastercard, Visa, and Revolut challenged this plan....

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 ...

Higher ATM interchange fees have been introduced by RBI to slow the decline in the number of ATMs and improve their profitability. This pol...

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...

NPCI charges for credit line on UPI: The NPCI has released a circular to the banks regarding how charges will be levied on the pre-sanction...

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...

UPI transaction charges: NPCI has advised that UPI transactions made via prepaid instruments, such as wallets and cards will attract an int...

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

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...

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

National Payments Corporation of India (NPCI), the nodal body for Aadhaar-enabled Payment System (AePS) transactions, has held back introdu...

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...