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ICICI Bank introduces charges on UPI transactions for payment aggregators, affecting fintech operations and sparking industry ...
ICICI Bank, the country’s second-largest private sector lender, will from August 1 start charging a fee from payment ...
Starting 1 August, ICICI Bank will begin levying charges on payment aggregators (PAs) for facilitating Unified Payments ...
Effective August 1, ICICI Bank has introduced a processing fee model for payment aggregators (PAs) handling merchant UPI ...
For payment aggregators without an ICICI Bank escrow account, the charge will be two times higher at 4 bps, with the cost ...
ICICI Bank will start charging payment platforms like Google Pay and PhonePe for UPI transactions. Here’s how it may impact ...
The private lender has sent letters to payment aggregators such as Google Pay, Phone Pe, Mobikwik and RazorPay, informing ...
Payment aggregators are feeling the pinch as ICICI Bank has now started charging them for processing purchases made using UPI ...
ICICI Bank has begun charging payment apps like Google Pay and PhonePe for UPI transactions. While users remain unaffected ...
Apart from the penalty for not maintaining a minimum balance, banks also charge for many services. In these ways, banks ...
From August 1, 2025, ICICI Bank will begin charging transaction fees on UPI payments processed through payment aggregators, ...
ICICI Bank from August 1, 2025, will start charging payment aggregators (PAs) for each Unified Payments Interface (UPI) ...