RBI invites inputs for cap on credit card fees

[IndiaInsurance]

https://img.etimg.com/photo/93629979.cms (https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-invites-inputs-for-cap-on-credit-card-fees/articleshow/93629979.cms)The paper proposes replacing the zero fees on Unified Payments Interface (UPI) transactions with a subsidy. It has also called for suggestions on whether the charges on UPI transactions should be a flat fee or based on a percentage of the transaction value.

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