The Indian government has approved an INR 1,500 crore incentive scheme for the financial year 2024-25 to encourage low-value ...

The payments industry body has requested Prime Minister Narendra Modi to implement a Merchant Discount Rate (MDR) on UPI and ...

per cent of admitted claim amount for incentives will be disbursed to banks every quarter without any conditions, for faster ...

In a letter written to the PMO earlier today, the Payments Council of India said that more than 90% of merchants are small, ...

The scheme aims to promote low-value BHIM-UPI transactions will be implemented at an estimated cost of Rs 1,500 crore. Only ...

Financial sustainability concerns in India's digital payments ecosystem due to Zero MDR policy, proposed MDR for RuPay and UPI.

The Union Cabinet has approved an outlay of Rs. 1,500 crore for UPI transactions up to Rs. 2,000 for small merchants for FY ...

Industry body PCI has written to Prime Minister Narendra Modi to introduce MDR (merchant discount rate) on UPI and RuPay ...

This is the first time the Centre has defined small and large merchants in the context of outlining BHIM-UPI incentives ...

Under the scheme, incentives will be provided for UPI transactions up to ₹2,000, specifically benefitting small merchants ...

In a significant move to advance India's digital payment ecosystem, the Union Cabinet has approved a Rs 1,500 crore incentive ...

PM Narendra Modi-led Centre has approved a ₹1,500 crore incentive scheme for FY25 to promote low-value BHIM-UPI (P2M) ...