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Many merchants are reportedly charging INR 1000 (RBI permitted cap) as convenience fee on high value debit card transactions like school fee payments, online purchases etc. which have to be borne by the consumer and go against the spirit of Digital India. What should be the cap for convenience fee on debit cards?

Many merchants are reportedly charging INR 1000 (RBI permitted cap) as convenience fee on high value debit card transactions like school fee payments, online purchases etc. which have to be borne by the consumer and go against the spirit of Digital India. What should be the cap for convenience fee on debit cards?

Transforming India Jun 23

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