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ICICI Bank has introduced equated monthly instalment (EMI) facility for Unified Payments Interface (UPI) payments made by scanning QR codes, the bank said in a press release on April 11, 2023.
m.economictimes.com
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EMI on UPI Payments: Now ICICI Bank customers can scan a QR code and pay via UPI EMI
ICICI Bank has introduced EMI facility for UPI payments made by scanning QR codes. The newly launched PayLater EMI facility for UPI payments can be availed for purchasing electronic items, groceries, and apparel. It can also be used for travel and hotel bookings.