Brazil's central bank to limit debit and credit card interchange fees

Banco Santander Brasil SA

26/09/2022 12:17

SAO PAULO, Sept 26 (Reuters) - Brazil's central bank on
Monday said it will set a limit for credit and debit card
interchange fees starting April 2023.
    According to a press release, debit card interchange fees
will be limited to 0.5% and credit card fees to 0.7%.
 (Reporting by Isabel Versiani; Editing by Steven Grattan)
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