Boost for Small Merchants: Incentive Scheme Removes MDR on Low-Value P2M BHIM-UPI Transactions

An incentive scheme has removed MDR on low-value P2M BHIM UPI transactions, boosting small merchants. This move aims to promote digital payments among small businesses. The scheme reflects the government's efforts to support digital transactions. This initiative highlights the focus on financial inclusion. The move will enhance the adoption of UPI among merchants.