The RBI in June raised the interchange fee for financial transactions from Rs 15 to Rs 17, while for non-financial transactions the increase was done from Rs 5 to Rs 6. These new rates have become applicable from August 1, 2021, as per the RBI's direction.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbis-new-rules-on-interchange-fee-24/7-bulk-clearing-facility-functional/articleshow/84945475.cms
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