Business1 hour ago
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Banks Must Prevent Merchants from Passing Charges to Consumers
Banks are now required to ensure that merchants do not pass transaction charges to consumers. This new regulation aims to protect customers from hidden fees while promoting transparency in financial transactions. By enforcing these guidelines, banks can enhance consumer trust and improve the overall shopping experience. The move is expected to impact various sectors, including retail and e-commerce.
βοΈ AI Verdict
"Looks like banks are stepping up to protect your wallet!"
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File ID: #404268Original Source: Times Of India β
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