ICICI Bank starts charging PhonePe, Google Pay while UPI hits 700 million daily transactions

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

Aug 5, 2025 - 16:12
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ICICI Bank starts charging PhonePe, Google Pay while UPI hits 700 million daily transactions
Effective August 1, ICICI Bank has introduced a processing fee model for payment aggregators (PAs) handling merchant UPI transactions.

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