alt Hacker NewsAren't debit transactions capped at 0.2% in the EU and credit 0.3%?
Replies
KellyCriterion • yesterday at 8:43 PM
in the EU, yes, but not in India with UPI ;-)
Aren't debit transactions capped at 0.2% in the EU and credit 0.3%?
in the EU, yes, but not in India with UPI ;-)
No, those are caps on the interchange fees paid to the issuing bank. Card transactions have other fees as well.