Step into Day 6 of the Thrilling 30-Day UPI Challenge!

🚀 🌟 Step into Day 6 of the Thrilling 30-Day UPI Challenge! 🚀 Ready to Unlock the Power of ICICI Bank RuPay Credit Card? 💳

 

🎉 **Exciting News from ICICI Bank! 🌐**

📅 December 01, 2023: Mumbai: Today marks a groundbreaking announcement from ICICI Bank, unveiling the integration of its RuPay Credit Cards with UPI transactions. 💳🚀

This strategic move aims to elevate the payment experience for ICICI Bank customers, providing seamless convenience and enhanced security.

 

🔄 Key Features:

1. Convenience and Security: Customers can effortlessly link their ICICI Bank Coral RuPay Credit Card, ICICI Bank HPCL Super Saver RuPay Credit Card, and ICICI Bank Rubyx RuPay Credit Card to UPI.

This integration enables them to make Person-to-Merchant (P2M) transactions both online (shopping, utility bill payments) and offline (POS transactions) in a secure and hassle-free manner. 🛍️💼

 

2. Reward Points: A delightful addition to this offering is the ability for customers to earn reward points on their RuPay Credit Cards, enhancing their digital payment experience. 🌟💳

 

3. Financial Flexibility: Leveraging UPI transactions on RuPay Credit Cards grants customers an interest-free credit period of up to 50 days. This financial flexibility empowers them to manage expenses more efficiently. 💸📆

 

🤝 Collaboration with NPCI: To bring this innovative offering to life, ICICI Bank has collaborated with the National Payments Corporation of India (NPCI). This collaboration enables customers to link their RuPay Credit Cards to UPI seamlessly. 🤝🌐

 

💡 How It Works: Customers can scan the merchant QR code and make payments directly from their RuPay Credit Cards using any UPI payment app, including iMobile Pay. The process is designed to be user-friendly, ensuring a smooth and secure transaction experience. 📲🔒

 

This integration not only enhances the payment landscape but also reflects ICICI Bank's commitment to providing cutting-edge solutions that cater to the evolving needs of its customers.

 

 Stay tuned for more updates as we continue to revolutionize the digital payment experience! 🚀🌈 #ICICIBank #RuPayCreditCard #UPIIntegration #DigitalPaymentRevolution

🌐 **Paving the Way for Safe ePayments: Declaring Safe ePayDay! ** 🚀

In the vast realm of digital transactions, the spotlight is now on declaring a special day — Safe ePayDay / Safe ePayments Day! 💳✨

 

🚀 The countdown has begun, and the day is fast approaching when we'll join together in a global celebration of Safe ePayDay.

🌍✨ Imagine a day dedicated to promoting secure, seamless, and responsible electronic transactions, uniting individuals, and businesses alike.

 

Stay tuned for the momentous occasion when we collectively recognize and applaud the significance of secure ePayments in shaping a trustworthy financial landscape. 🎉💼

Let's usher in the era of Safe ePayDay, a day where we celebrate the reliability and resilience of electronic payment systems worldwide! 🌐💳 #SafeePayDay #DigitalTrust #SecureTransactions 🚀

📢 Disclaimer: These are my personal views only.

🌐 The focus is declaring a Day as Safe ePayDay / Safe ePayments Day.

🚀 Yes, the day is not far off when there will be a celebration of Safe ePayDay / Safe ePayments Day.

Copyrights if any, belong to the original copyright holder only.

Additional Reading Material: PM’s address in the 107th Episode of ‘Mann Ki Baat’ on 26 Nov, 2023 @ https://www.pmindia.gov.in/en/news_updates/pms-address-in-the-107th-episode-of-mann-ki-baat/

 

 

 

 

Awesome - ICICI Bank onboards #BBPS as a Biller

            The below screenshot says it all. ICICI Bank – Loans Department onboards #BBPS as a Biller.

            In simple terms, this means ICICI Loan Holders can repay their Loan Amounts via #BBPS.

            ICICI Borrowers have to key in the 16 Digit Loan Account Number in the specified field and the Bill will be fetched.

As of now clarity is awaited if regular EMIs can be paid via #BBPS or only overdue loan amounts can be paid via BBPS.

Hopefully, there will be clarity in the coming days.

ICICI Banks Retail Loans portfolio comprises the following mix: -

·         Home loans

·         Vehicle loans

-          Auto finance

-          Commercial business

-          Two-wheeler loans

·         Business banking

·         Rural loans

·         Personal loans

·         Credit cards

·         Others

-          Dealer funding loans

-          Loan against shares and others

 

 

 

ICICI Bank – Hike in ATM Charges-LessCash Transactions Motivational Tip

            As per press reports, ICICI Bank from 01 January 2015, is rolling out a LessCash motivation tip to its account holders.

            ICICI Bank has decided to levy charges on its own customers for accessing their Automated Teller Machines (ATMs) after five transactions.

After exceeding the five free transaction limits, customers will have to pay Rs 20 per financial transaction excluding service tax and Rs 8.50 for every non-financial transaction for using own bank's ATM.

These charges will also be applicable at non-ICICI Bank ATMs in six metros after three free transactions--Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad.

In case if the card is used in non-metro areas then customers can enjoy five free transactions per month at non-ICICI Bank ATMs, after which the same charges will apply.

            As a minor concession, customers maintaining an average monthly balance of more than INR 25,000, will not be charged for using the bank's ATM even beyond five transactions.

            This is in line with RBI Circular dt October 10, 2014 on Usage of ATMs –Rationalization of number of free transactions.

            Through this step the respective Banks are encouraging their customers to migrate from Cash Transactions to Electronic Transactions.

            The pressure will be more on commercial establishments and organizations to offer alternate payment channels to their customers.

            Yes, this is the way to go ahead for LessCash Transactions in our country. 

5 benefits of ICICI Bank Acer Iconia B1 Tablet Campaign

          Issuing Banks do not prefer OFUS ATM transactions, as they have to pay Interchange fees to the acquiring bank. Issuing banks always prefer that their account holders execute only ONUS transactions.

          

             If you visit icicibank.com, Hrithik Roshan greets you with an Acer Iconcia B1 Tab

          

             During the next couple of months, ICICI Bank customers stand to win one new Acer Iconia B1 tablet every day.

          

           The rules of the competition are very simple:

        

          A) ICICI Bank debit cardholders should Use only ICICI Bank ATM machines for all their transactions and conduct the highest value of prepaid mobile recharge transactions, amongst the transactions that day.

       

           B) Transacting at any other ATM will lead to disqualification.

       5 Benefits to ICICI Bank:

01)                  Encourage its customers to transact only at its ATMs.

02)                Visibility of its brand across Acer showrooms and office.

03)                Commission on prepaid mobile recharge transactions.

04)                Savings in interchange fees.

05)                Great motivational tool for new customers

Icici bank has 61 electronic branches pan india

            As on date, ICICI Bank has opened 61  24x7 Electronic Branches all over India.

These Electronic Branches are one-stop shops for banking transactions, with the aim to make banking simple, effortless and convenient.

These branches are at ICICI Bank customers’ service round-the-clock, 365 days of the year.

They are equipped with self-serviced automated devices, so this branch  provides customers  the flexibility to transact and interact at customers’ convenience.

The electronic branch offers the facilities of a cheque deposit machine, an interactive kiosk through which internet banking services can be accessed easily by just swiping a debit card, a cash deposit machine with instant credit facility.

In case customers require any help, there is 24-hour video conferencing facility with ICICI Bank’s customer care personnel.

The Electronic Branches will enable more ICICI bank customers to access Internet Banking and Phone Banking in a safe branch environment. This should swell the alternate channels transactions vis-à-vis normal branch transactions.

A new eProduct – Receive funds to your ICICI Bank Visa Debit Card

            If you are holding an ICICI Bank Saving Bank account, you must have received an email from Shri Kusal Roy, regarding the launch of a new eProduct.

            The ICICI Bank Visa Debit Card is all the information the overseas sender requires to remit money to the associated ICICI Bank Visa Debit Card.

The highlights are:

01) Completely cashless transaction.

02)Amount is credited without minutes

03)Works 24*7, as there is no human intervention once the Sender remits the money.

04)NIL charges for the beneficiary, as all the charges are paid by the sender.

The above Product is built around 'Visa Fast Funds’, product.

The following are the Terms and Conditions

01) This service is regulated by the RBI and the following rules apply:

02)Remittance can only be received for purpose of personal maintenance. Business and investment transactions cannot be routed using this service.

03)A single transaction cannot exceed the Indian Rupee equivalent of USD 2,500.

04)Not more than 30 transactions can be received in a calendar year. As an added measure of safety, ICICI Bank will restrict the service to 2 transactions per month per beneficiary.

05)ICICI Bank additionally maintains its own risk and security profiling systems and reserves the right to decline suspicious transactions.

Go ahead and unlock the potential of your power-packed ICICI Bank Visa Debit Card!

The product should attract many takers, as the funds move from the Sender to the Beneficiary very fast and the Beneficiary no additional authentication to withdraw the funds from his/her accounts.

Re-disseminated by Prashant N. Banker by daytime, Blogger by night.