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RUPAY INCENTIVES
BHIM Payments App records 300% surge in FY26 transactionsBHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases lik...- 'Track imports, manufacture in India': Piyush Goyal pushes swadeshi productionIndian businesses are encouraged to monitor imports and identify opportunities for local manufacturing. This push for self-reliance aims to...
- UPI, RuPay subsidy shrinks to Rs 8,000 crore over four yearsThe digital payments industry has received about Rs 8,000 crore in subsidy payments over four years for UPI and RuPay debit card payments, ...
- RuPay is becoming the card of choice; all credit to UPILocal card network has seen its share climb to 16% in two years; if UPI link remains exclusive, it could rise further.
- Subsidy on small-value UPI payments cut, banks look for ways to offset costIf India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...
- NPCI ups RuPay credit card play against rivalsNational Payments Corporation of India (NPCI) has started offering financial incentives to banks to push RuPay credit cards to their custom...
- Free access to RuPay exclusive airport lounge: New guidelines released by NPCI to be applicable for these peopleRuPay exclusive airport lounge: The National Payments Corporation of India has released new guidelines for complimentary access of RuPay ex...
- RuPay card set to gain market share after RBI directive to give consumers a choice of card networkThe market share of RuPay cards is expected to improve soon as banks implement the recent Reserve Bank of India (RBI) directive, offering c...
- Credit cards: How RBI could break the hegemony of Visa & Mastercard without tinkering with a dependable systemThe Reserve Bank of India (RBI) is set to transfer the right to choose a card network, such as Visa, Mastercard, American Express, Diners C...
- The RBI has just lobbed a disruptor at the card sectorThe Reserve Bank of India (RBI) has proposed new rules to promote competition between global card networks, while also promoting the use of...
- Payments council pings FM Nirmala Sitharaman to bring back RuPay MDRIn the letter, PCI has sought a “level playing field” for RuPay “to compete with its peers to attain its full potential”, especially when i...
- NPCI plans more tie-ups to strengthen global acceptability of RuPay debit cardsCurrently, RuPay cards are accepted at the points of sale (PoS) machine powered by Discover of the US, Diners Club, JCB of Japan, Pulse and...
- NPCI plans more tie-ups to strengthen global acceptability of RuPay debit cardsCurrently, RuPay cards are accepted at the points of sale (PoS) machine powered by Discover of the US, Diners Club, JCB of Japan, Pulse and...
- Govt notifies incentives for promoting PoS, e-commerce transactions using Rupay, BHIM"This incentive scheme will promote digital payments by incentivising banks to build a robust digital payments ecosystem and to promote RuP...
- GST not payable on govt incentive to banks for promoting RuPay card, low value BHIM-UPI transactionsUnder the Incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions, the government pays banks an incenti...
- Paytm to be key beneficiary of UPI incentive scheme, may cash in 5-7% of total: Morgan StanleyThis report by the firm came right after the Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 bill...
- Cabinet approves promotional incentives worth Rs 2,600 crore for Rupay debit cards, low value UPI transactionsThe Union Cabinet on Wednesday approved promotional incentives for Rupay debit cards and low-value transactions of BHIM (UPI). Incentives w...
- Banks, Fintech Firms Seek Return Of MDR On RuPay, UPI TransactionsBanks and digital payments providers have met with officials of the finance and information technology ministries, seeking a ‘flat, slab-ba...
- Mamata govt opposes proposal on GST incentives for digital paymentsThe state finance minister, Amit Mitra, shot off a letter to Sushil Modi, chairman of the GST Implementation Committee, in this regard ahea...
- Citrus Pay ties up with RuPay, Visa to boost business in payments spaceCitrus Pay has entered into tie-ups with RuPay and Visa and a host of other initiatives to expand its business in the payments space.
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