Cabinet approves ₹2,600 crore scheme to promote RuPay debit cards and low-value BHIM-UPI transactions

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  • Cabinet approves ₹2,600 crore scheme to promote RuPay debit cards and low-value BHIM-UPI transactions.
  • Banks will be provided financial incentives to promote PoS and e-commerce transactions using RuPay and UPI.
  • This scheme will be implemented during the current financial year.

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