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UPI INCENTIVE SCHEME
Fable 5 wake-up call; Indians chase SpaceX jackpotHappy Monday! The Fable 5 disruption has triggered fresh calls for India to build its own AI muscle. This and more in today’s ETtech Mornin...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- '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...
- India's strategic autonomy offers value, predictability for partner countries: Indian envoyIndia's strategic autonomy doctrine provides value and predictability for partners. Consul General Pratik Mathur highlighted this at a Shan...
- Consider bringing back revenue mechanism on UPI for sustenance of sector: Parliamentary committeeThe committee also recognised the need for cashback and multi-year subsidy schemes to promote adoption of digital payments in tier-three to...
- RBI to find ways to make UPI sustainable, improve infrastructure: Sanjay MalhotraThe Reserve Bank of India is dedicated to the long-term viability of the Unified Payments Interface (UPI), as articulated by Governor Sanja...
- India Fintech Foundation asks govt, RBI to address concentration risk on UPI paymentsIndia Fintech Foundation has alerted the Finance Ministry and RBI about a major risk on UPI. Two companies now control over 80 percent of U...
- 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...
- No merchant discount rate on UPI transactionsThe finance ministry has firmly stated its commitment to promoting digital payments through UPI, clarifying that there will be no merchant ...
- Will UPI transactions below Rs 2,000 be charged? This govt incentive scheme announced on March 19 is the reason this wont happenUPI Transactions: The government recently introduced an incentive scheme for promoting low-value BHIM-UPI transactions under Rs 2,000 to sm...
- Paytm stock tumbles 5% after Rs 1,500 cr incentive approval for low-value UPI transactions. Should you invest?Shares of Paytm’s parent company, One97 Communications, fell 5.5% after the Union Cabinet approved a Rs 1,500 crore incentive to promote lo...
- A ₹1,500 crore boost for low-value UPI paymentsThe Union Cabinet approved ₹1,500 crore allocation to promote low-value UPI transactions, offering 0.15% incentives for transactions up to ...
- Cabinet approves extension of incentives for UPI transactions up to Rs 2,000 for small merchantsThe Union Cabinet has approved a Rs 1,500 crore incentive scheme to promote UPI transactions under Rs 2,000 for small merchants, effective ...
- 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...
- Fresh scheme via merchants to help BHIM gain currency againAfter rolling back cashback incentives for all users to popularise its marque UPI-based app, the IT ministry feels that incentives through ...
- Now, Mobikwik takes a swipe at ‘unfair’ UPIIn a blog post published by chief executive Bipin Preet Singh, Mobikwik raised its voice against a government-sponsored cashback-scheme on ...
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