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Browsing Tag

merchant discount rate

1 post
MMobile
The bank will not charge payment aggregators if the UPI transactions are settled directly into an ICICI Bank account held by the merchant.
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ICICI Bank to charge Google Pay, Phone Pe & other payment aggregators for UPI transactions: What it means for users

  • August 1, 2025
Starting August 1, private sector lender ICICI Bank will start charging payment aggregators (PAs) a fee for handling…
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