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ICICI Bank introduces charges on UPI transactions for payment aggregators, affecting fintech operations and sparking industry ...
ICICI Bank has begun charging payment apps like Google Pay and PhonePe for UPI transactions. While users remain unaffected ...
ICICI Bank will start charging payment platforms like Google Pay and PhonePe for UPI transactions. Here’s how it may impact ...
ICICI Bank, India’s second-largest private sector lender, will begin levying charges on payment aggregators (PAs) for Unified ...
Payment aggregators are feeling the pinch as ICICI Bank has now started charging them for processing purchases made using UPI ...
The RBI has clarified that while UPI is not technically free, users won’t be charged for now. As banks begin levying fees on ...
Effective August 1, ICICI Bank has introduced a processing fee model for payment aggregators (PAs) handling merchant UPI ...
The private lender has sent letters to payment aggregators such as Google Pay, Phone Pe, Mobikwik and RazorPay, informing ...
ICICI Bank from August 1, 2025, will start charging payment aggregators (PAs) for each Unified Payments Interface (UPI) ...
For payment aggregators without an ICICI Bank escrow account, the charge will be two times higher at 4 bps, with the cost ...
MUMBAI: Reserve Bank governor Sanjay Malhotra has said that even as the all-popular unified payments interface (UPI) remains ...
From August 1, 2025, ICICI Bank will begin charging transaction fees on UPI payments processed through payment aggregators, ...