https://www.taxtmi.com/news?id=37807 The Incentive Scheme for low-value BHIM-UPI P2M transactions provides zero MDR and a per-transaction incentive for small-merchant low-value UPI payments; acquiring banks receive 80% of admitted quarterly claims automatically, with the remaining 20% contingent on acquiring banks meeting specified technical decline and system uptime thresholds, and incentives are paid to acquirers to be shared with issuers, payment service providers and app providers. en-us Wed, 19 Mar 2025 16:37:36 +0530 Thu, 20 Mar 2025 09:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37807 The Incentive Scheme for low-value BHIM-UPI P2M transactions provides zero MDR and a per-transaction incentive for small-merchant low-value UPI payments; acquiring banks receive 80% of admitted quarterly claims automatically, with the remaining 20% contingent on acquiring banks meeting specified technical decline and system uptime thresholds, and incentives are paid to acquirers to be shared with issuers, payment service providers and app providers. News - Wed, 19 Mar 2025 16:37:36 +0530 https://www.taxtmi.com/news?id=37807