<h1>Incentive scheme for low-value UPI transactions offers zero MDR and conditional incentives to boost merchant adoption.</h1> An incentive scheme for FY 2024 25 with an outlay of Rs.1,500 crore covers BHIM UPI P2M transactions up to Rs.2,000 for small merchants, providing zero MDR and a 0.15% incentive; transactions above Rs.2,000 have zero MDR but no incentive, and large merchants receive zero MDR without incentives. Payments are routed to acquiring banks and shared among stakeholders. Reimbursement disburses 80% of admitted claims quarterly unconditionally, with 20% subject to performance: 10% contingent on technical decline rate below 0.75% and 10% on system uptime above 99.5%.