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

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 ...

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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.

Starting 1 August, ICICI Bank will begin levying charges on payment aggregators (PAs) for facilitating Unified Payments ...

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

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

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

The development came barely days after the RBI Governor Sanjay Malhotra hinted at a shift in the current zero-charge ...

The bank charges are limited to those accounts where the PAs use the banks for merchant acquisition. Since the fees is 0.02%, PAs are likely to absorb the cost and are not expected to pass these to me ...

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