Airtel started levying usage fees on electricity bill payments while using Airtel Axis credit card on its app. Might add the same for other bill payments also.
I am also on version 4.116.1 but not seeing the charges yet (but will eventually). I guess it's a server-side change so probably rolling out gradually to everyone
I am also on version 4.116.1 but not seeing the charges yet (but will eventually). I guess it's a server-side change so probably rolling out gradually to everyone
By taking such "convenience fees" or "usage fees" for credit card, essentially every merchant who does so is passing on MDR + interchange fees to the consumer. RBI says that's not allowed by law but as usual, there's no enforcement, no regulation of their published rules, only "guidelines"
Looks like it’s in the process of being rolled out and is being levied selectively—I just made a payment without any extra charges! Hold off on updating the app for now.