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ICICI Bank introduces charges on UPI transactions for payment aggregators, affecting fintech operations and sparking industry ...
The private lender has sent letters to payment aggregators such as Google Pay, Phone Pe, Mobikwik and RazorPay, informing ...
ICICI Bank, the country’s second-largest private sector lender, will from August 1 start charging a fee from payment ...
From August 1, 2025, ICICI Bank will begin charging transaction fees on UPI payments processed through payment aggregators, ...
ICICI Bank is planning to charge payment aggregators (PAs) for processing UPI transactions, a move confirmed by sources but ...
For payment aggregators without an ICICI Bank escrow account, the charge will be two times higher at 4 bps, with the cost ...
Payment aggregators are feeling the pinch as ICICI Bank has now started charging them for processing purchases made using UPI ...
The development came barely days after the RBI Governor Sanjay Malhotra hinted at a shift in the current zero-charge ...
Just to make things clear, ICICI Bank will be charging payment aggregators and not the end customers. This means companies ...
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 from August 1, 2025, will start charging payment aggregators (PAs) for each Unified Payments Interface (UPI) ...
Starting 1 August, ICICI Bank will begin levying charges on payment aggregators (PAs) for facilitating Unified Payments ...