News

Effective August 1, ICICI Bank has introduced a processing fee model for payment aggregators (PAs) handling merchant UPI ...
ICICI Bank introduces charges on UPI transactions for payment aggregators, affecting fintech operations and sparking industry ...
MUMBAI: Reserve Bank governor Sanjay Malhotra has said that even as the all-popular unified payments interface (UPI) remains ...
ICICI Bank is planning to charge payment aggregators (PAs) for processing UPI transactions, a move confirmed by sources but ...
ICICI Bank will start charging payment platforms like Google Pay and PhonePe for UPI transactions. Here’s how it may impact ...
Governor Sanjay Malhotra on Wednesday said that the Unified Payments Interface (UPI) may not remain free forever, as the cost ...
The governor, who had earlier said that UPI isn’t completely free, explained that his point was to underline the costs ...
While UPI remains free for most users right now, that could change in the future. If banks or platforms start charging businesses or apps, it could eventually lead to some costs being passed to the ...
Payment aggregators are feeling the pinch as ICICI Bank has now started charging them for processing purchases made using UPI ...
ICICI Bank has rolled out transaction fees on UPI payments processed by aggregators like PhonePe and Google Pay. This ...
ICICI Bank, India’s second-largest private sector lender, will begin levying charges on payment aggregators (PAs) for Unified ...
From August 1, 2025, ICICI Bank will begin charging transaction fees on UPI payments processed through payment aggregators, ...