ICICI Bank introduces EMI facility for UPI payments

ICICI Bank introduces EMI facility for UPI payments: The ICICI Bank has introduced an EMI facility for UPI payments made by scanning a QR code.Those customers, who are eligible for the PayLater facility, can avail of the EMI facility using the Bank’s ‘buy now, pay later’ option.

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Customers can pay amounts above Rs 10,000 in easy installments for 3, 6, and 9 months. The ICICI Bank’s PayLater facility was introduced in 2018 to enable customers to buy small ticket items in a completely paperless manner.

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