The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today has approved an incentive scheme to promote RuPayDebit cards and low value [upto Rs. 2,000) BHIM-UPI transactions (Person-to-Merchant (P2M)] in the country. Under the scheme, the acquiring banks will be incentivised by the Government, by way of paying percentage of value of transactions … Continue reading Union Cabinet approves scheme for promotion of RuPay Debit Cards