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ATM operators seek higher fees on withdrawals


08 April 2020 09:29

The contention of these operators is that the RBI’s increased compliance standards on security and maintenance have increased the cost of running the teller machines without a corresponding increase in the revenues these companies make through fees accrued. The current interchange fee is Rs 15 per transaction with a cap of 5 free transactions per customer..
ATM operators seek higher fees on withdrawals. This article is published at 08 April 2020 09:29 from Economic Times Personal Finance News, click on the read full article link below to see further details.


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Tags : operators, seek, higher, fees, withdrawals





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