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UPI Incentive Scheme: Central Cabinet Approves Incentive Plan for UPI Transactions – Who Will Benefit?

New Delhi, March 19, 2025: The Union Cabinet has approved a major UPI (Unified Payments Interface) Incentive Scheme, aimed at boosting digital payments across India. This decision is expected to benefit merchants, banks, and digital payment service providers while promoting a cashless economy. Key Highlights of the UPI Incentive Scheme: ✔ Government-backed incentives for merchants […]

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