Mobile Pay News Today

The Fort Atkinson Area Chamber of Commerce is pleased to announce Heartland Payment Systems as a new Chamber Member.

It means that as per the RBI rules, one can transfer of money up to USD 250,000 per calendar year for defined purposes. However, fees per transaction differ depending on the bank. Here is a comparison of the latest top banks charges for sending money abroad.

ICICI Bank is offering this facility across 10 countries namely USA, UK, UAE, Canada, Singapore, Australia, Hong Kong, Oman, Qatar and Saudi Arabia.

ICICI Bank on May 6 announced that it has enabled payment convenience for NRIs to use their international mobile numbers for making instant UPI payments in India. NRIs can make payments using the iMobile Pay app from ten countries, including the USA, UK, UAE, Canada, and Australia.

ICICI Bank enables NRI customers to use international mobile number to make UPI payments in India

These NRI customers can pay using UPI in India using foreign mobile number. Earlier, in order to create a UPI ID and use any UPI app, an NRI required a working Indian mobile number. This will reduce non-resident Indians (NRIs) the cost of keeping an active Indian mobile number.

ICICI Bank has launched UPI for NRIs in ten countries, enabling global mobile number use without switching to Indian numbers. iMobile Pay facilitates utility, merchant transactions, and QR code payments, enhancing convenience and promoting UPI adoption across borders.

ICICI Bank has blocked some affected credit cards after the credit card data of at least 17,000 customers was compromised

Users reported that sensitive credit card information, including card numbers and CVV, had been visible within ICICI Bank's iMobile Pay

Users reported that sensitive credit card information, including full card numbers and card verification values (CVV), had been inexplicably visible within the app.