ICICI Bank introduces charges on UPI transactions for payment aggregators, affecting fintech operations and sparking industry ...

Payment aggregators are feeling the pinch as ICICI Bank has now started charging them for processing purchases made using UPI ...

ICICI Bank, the country’s second-largest private sector lender, will from August 1 start charging a fee from payment ...

ICICI Bank will start charging payment platforms like Google Pay and PhonePe for UPI transactions. Here’s how it may impact ...

From August 1, 2025, ICICI Bank will begin charging transaction fees on UPI payments processed through payment aggregators, ...

Effective August 1, ICICI Bank has introduced a processing fee model for payment aggregators (PAs) handling merchant UPI ...

ICICI Bank has begun charging payment apps like Google Pay and PhonePe for UPI transactions. While users remain unaffected ...

The private lender has sent letters to payment aggregators such as Google Pay, Phone Pe, Mobikwik and RazorPay, informing ...

For payment aggregators without an ICICI Bank escrow account, the charge will be two times higher at 4 bps, with the cost ...

The RBI has clarified that while UPI is not technically free, users won’t be charged for now. As banks begin levying fees on ...

ICICI Bank is reportedly going to charge payment aggregators for processing UPI Payments from August 1. This move falls in line with recent reportage on UPI payments not remaining free in the future.

ICICI Bank from August 1, 2025, will start charging payment aggregators (PAs) for each Unified Payments Interface (UPI) ...