MoF notifies Extension of Incentive scheme for promotion of RuPay Debit Cards and BHIM-UPI Transactions [Read Notification]
The government has extended its incentive scheme to promote digital payments using RuPay Debit Cards and BHIM-UPI transactions for the financial year 2023-24
By Manu Sharma - On March 13, 2024 4:54 pm - 2 mins read
The Ministry of Finance has announced the extension of its incentive scheme to further encourage digital payments across the country. This scheme incentivizes banks and other payment system operators to promote RuPay Debit Card transactions and low-value BHIM-UPI ( Person-to-Merchant ) transactions up to Rs. 2,000. The Government approved the proposal to continue the “Incentive…
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