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INDIA
Credit-debit card usage to get costlier overseas as banks hike overseas charges
According to the bank's changed terms and conditions, Axis Bank will increase the DCC fee on its credit cards from 1.50% to 3.50%, effective August 28, 2026. Kotak Mahindra Bank will increase fees on debit-card transactions from 1% + GST to
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Indian travelers abroad will face higher costs due to increased credit and debit card fees for international transactions.