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, India’s second-largest private sector lender, will begin levying charges on payment aggregators (PAs) for Unified ...

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

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

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

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

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

This uptick in value and volume comes amid discussions on the cost of processing UPI transactions. Banks are beginning to ...