ICICI Bank is planning to charge payment aggregators (PAs) for processing UPI transactions, a move confirmed by sources but ...

ICICI Bank has rolled out transaction fees on UPI payments processed by aggregators like PhonePe and Google Pay. This ...

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

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

India's flagship digital payments system, the Unified Payments Interface (UPI), has crossed a new landmark by processing over 700 million transactions in a single day for the first time on August 2, ...

So my dad had a mutual fund SIP auto debit active on his ICICI Bank account. It's a secondary account) where funds need to be ...

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 ...

India has emerged as the global leader in fast payments, according to a recent note by the International Monetary Fund titled ...

Apart from the penalty for not maintaining a minimum balance, banks also charge for many services. In these ways, banks ...

Governor Sanjay Malhotra on Wednesday said that the Unified Payments Interface (UPI) may not remain free forever, as the cost ...

RBI Governor Sanjay Malhotra hinted UPI may not stay free, stressing a sustainable funding model. UPI handles 640M+ daily ...