Transparency of fees

(1) The Central Bank shall require a payment service provider and an operator who imposes or applies a fee, charge or tax on any consumer for providing a service within the National Payment System to provide notice in accordance with sub-sections (2) and (3) to the consumer of the imposition and amount of the fee. fees. (2) The notice required under sub-section (1) with respect to any fee, charge or tax for a payment service provider shall be displayed prominently and conspicuously at the location or facility where the consumer may initiate or request the service. (3) The notice required under sub-section (1) for a payment service provider shall be in the form as may be required by the (4) A payment service provider and an operator shall not impose a fee in connection with any service initiated by a consumer where the notice as required under sub-section (1) has not been satisfied. 49