Future Prediction
No wonder if we get taxed for being alive.
A person has to pay tax for breathing (being alive). And if started taxing, people might declare themselves as dead, just to avoid that tax. 😑
Finally received a disappointing response from @ICICIBank_Care@ICICIBank
A payment was manually processed on my credit card without my approval and without an active mandate.
Let that sink in.
If a mandate is cancelled, how can a bank still debit the amount from my card (manually)?
And instead of taking responsibility, I’m being asked to chase the merchant for a refund.
This is not about one transaction - this raises a serious concern:
👉 Can banks process payments from credit cards without customer consent?
Requesting urgent clarification and intervention from @RBI@RBIsays
💨@Fujitsu_Global Extremely disappointed with OGeneral AC product quality.
I Bought 7 Split ACs in india
•2 PCBs failed on Day 1 (PCB took 15 days to replace)
•3rd PCB failed in 1 week
•Complained on 3rd June → PCB replaced on 24th June → failed next day
•Today inner unit PCB also blown.
Service centers management also corrupt they closed my first complaint without my consent or happy code and says they can’t replace the units.
Total waste of money. Never buying OGeneral again. Better to go for Voltas faster service, better cooling at lower price.
Big brand, poor performance, ogenral scam
#OGeneral #ConsumerComplaint
Few things I noticed:
@MoneyGram dropped MGUSD on @StellarOrg the other day, with their native stable baked right into the app. Moneygram has 60M+ customers with ~500k cash locations as per public sources. @Stablecoin + @m0 issuance infra.
@WesternUnion shipped USDPT on Solana a month ago . 150M customers, with ~500k cash locations as per their public source,they're not doing retail first. they're ripping out SWIFT for agent settlement. Issuance partner @Anchorage@deel just launched DLUSD with @Stablecoin as issuance partner - their native wallet for contractors to receive payroll. They have presence in 150+ countries(reportedly). Payroll going on-chain, out in the open. Even @GustoHQ adopted stablecoin payroll (via Zerohash) a few months ago.
If this isn't enough check @tempo partner's list: DoorDash, UBS, Klarna, Kalshi, Howard Hughes and more.Looks like nobody is sitting on the sidelines anymore and things are accelerating.
Pre-2025, stablecoins were basically a trading + DeFi native. Transfer funds into wallet, farm some yield, maybe move money across borders with limited on/offramp options. Now? payroll. remittance. treasury, card spend powered by real-world money plumbing. and the boring old use cases are the bullish ones.
looking back, 2026 will be remembered as the year stablecoins stopped being a crypto thing and become a part of real world commerce. Most banks haven't locked-in yet.
Why do we often learn about our own country's reserve movements from external institutions reporting that “India sold/bought X billion worth of gold”?
With the scale of technology we have today, would it really be difficult to build a transparent platform showing near real-time government reserves - gold, forex, and other major holdings?
Not questioning the decisions. Every country manages reserves strategically.
But shouldn't citizens have easier access to clear, official data rather than waiting for third-party reports?
Curious to know what others think.
Finally received a disappointing response from @ICICIBank_Care@ICICIBank
A payment was manually processed on my credit card without my approval and without an active mandate.
Let that sink in.
If a mandate is cancelled, how can a bank still debit the amount from my card (manually)?
And instead of taking responsibility, I’m being asked to chase the merchant for a refund.
This is not about one transaction - this raises a serious concern:
👉 Can banks process payments from credit cards without customer consent?
Requesting urgent clarification and intervention from @RBI@RBIsays
Is this how autopay mandate cancellation is supposed to work @ICICIBank@ICICIBank_Care ?
I cancelled an #autopay mandate on my ICICI Credit Card on 27 May through their portal. Today (31 May), the payment was still deducted.
When I contacted #ICICI support, they confirmed that the mandate had been cancelled on their end. However, I was later told that the merchant had not cancelled it on their side, so the payment request was processed anyway.
What I don't understand is:
• If a mandate is cancelled through the bank's official platform, why is a merchant still able to initiate a debit against that mandate?
• If a payment request arrives after the mandate has been cancelled, why is it processed without any fresh authorization from the cardholder?
• What is the practical meaning of "mandate cancelled" if a debit can still go through afterward?
I'm attaching my conversation with customer support as proof. The conversation is a mix of Telugu and English, so it may not be understandable to everyone, but it clearly shows that ICICI acknowledged the mandate was cancelled and still explained that the payment was processed because the merchant had not cancelled it on their end.
Looking to understand whether this is expected behavior, a process gap, something that needs escalation or am i missing something. Has anyone faced a similar issue?
Requesting @RBI and @RBIsays to clarify: If a customer cancels an autopay mandate through the bank, should any subsequent debit request still be honored without fresh authorization?
Is this how autopay mandate cancellation is supposed to work @ICICIBank@ICICIBank_Care ?
I cancelled an #autopay mandate on my ICICI Credit Card on 27 May through their portal. Today (31 May), the payment was still deducted.
When I contacted #ICICI support, they confirmed that the mandate had been cancelled on their end. However, I was later told that the merchant had not cancelled it on their side, so the payment request was processed anyway.
What I don't understand is:
• If a mandate is cancelled through the bank's official platform, why is a merchant still able to initiate a debit against that mandate?
• If a payment request arrives after the mandate has been cancelled, why is it processed without any fresh authorization from the cardholder?
• What is the practical meaning of "mandate cancelled" if a debit can still go through afterward?
I'm attaching my conversation with customer support as proof. The conversation is a mix of Telugu and English, so it may not be understandable to everyone, but it clearly shows that ICICI acknowledged the mandate was cancelled and still explained that the payment was processed because the merchant had not cancelled it on their end.
Looking to understand whether this is expected behavior, a process gap, something that needs escalation or am i missing something. Has anyone faced a similar issue?
Requesting @RBI and @RBIsays to clarify: If a customer cancels an autopay mandate through the bank, should any subsequent debit request still be honored without fresh authorization?
Same happened with me.. and surprisingly there is no way to reach out to the support team.
Upon asking the driver he says talk to the support.
For the ride of 2043+300 collected 2643 (1000 ola money and 1643 UPI)
Personal note: Selling my OLA bag in the next market session.
Booked an Ola ride from Karjat to Prabhadevi. Final invoice already included Toll/Parking charges, and ₹1838 was charged via Ola Money.
But the driver still collected ₹350 cash separately for toll during the trip. This is unfair double charging and feels like fraud @olacabs