https://www.taxtmi.com/news?id=64053 UPI is the world's largest retail fast-payment system by transaction volume, accounting for roughly 49% of global real-time payment transactions. Comparative data show India with 129.3 billion transactions. To promote adoption, authorities have deployed incentive schemes for low-value BHIM-UPI transactions, expanded RuPay UPI acceptance, and used the Payments Infrastructure Development Fund to subsidise POS and QR deployment in tier 3 to tier 6 centres, materially increasing merchant digital touchpoints. en-us Tue, 09 Dec 2025 09:56:32 +0530 Tue, 09 Dec 2025 09:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64053 UPI is the world's largest retail fast-payment system by transaction volume, accounting for roughly 49% of global real-time payment transactions. Comparative data show India with 129.3 billion transactions. To promote adoption, authorities have deployed incentive schemes for low-value BHIM-UPI transactions, expanded RuPay UPI acceptance, and used the Payments Infrastructure Development Fund to subsidise POS and QR deployment in tier 3 to tier 6 centres, materially increasing merchant digital touchpoints. News - Tue, 09 Dec 2025 09:56:32 +0530 https://www.taxtmi.com/news?id=64053