# The Payment and Settlement Systems Act, 2007, Section 10A: Bank, etc., not to impose charge for using electronic modes of payment

- Act: The Payment and Settlement Systems Act, 2007 (Act 51 of 2007)
- In force from: 2008-08-12
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/payment-settlement-systems-act-2007/section/10A/

## Text

1[10A. Bank, etc., not to impose charge for using electronic modes of payment.--Notwithstanding anything contained in this Act, no bank or system provider shall impose, whether directly or indirectly, any charge upon a person making or receiving a payment by using the electronic modes of payment prescribed under section 269SU of the Income-tax Act, 1961 (43 of 1961).]

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