Fraud PosDec Charges by ICICI Bank


  • ICICI Bank, India is charging fraudulently for POSDEC charges. Multiple times charge cutting from each of its customer, ranging from 5 times, 10 times to even 50 times in extreme cases, charging 29.50 rs each time.They are exploiting a loophole, in name of Point Of Sale decline charges, which is due to their own failure of Third party payment gateway, integrated in multiple transactional/UPI apps, by their own bank. To confirm the illegality of charges, none of the other national banks is doing the same. Please, the concerned authority should look into this matter and save customers from this illegal extortion of their hard earned money by the bank and retrieve the lost money into each of their bank accounts. Each of the undersigned account holder is affected by the similar cause.