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ICICI Bank

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개요

ICICI Bank is an Indian bank with a merchant acquiring offer, business accounts and escrow services.

Merchant acquiring The bank offers Eazypay POS with a choice of terminal options, American Express acceptance, DCC, instalments and Cash@POS. A separate product, EazyPay Collect, is limited to Indian merchants and payments in INR and requires an ICICI current account; these conditions do not automatically apply to all POS products.

Escrow ICICI also provides escrow accounts for M&A, project finance, e-commerce and supplier contracts. The parties can monitor the account through DigiEscrow, and money is released according to the terms of an agreed contract. NEFT, RTGS and IMPS are the listed payment channels, and an escrow agreement and KYC are among the requirements.

Who it suits Indian merchants can choose between several POS options, while parties to a transaction that needs a neutral custodian can use the escrow service. Fees and balance requirements are not given in the data.

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