The union cabinet has approved reimbursement of Rs 13 billion on digital transactions using UPI and Rupay debit cards.
As part of this initiative, the government will reimburse transaction charges levied on digital payments made by persons to the merchant as part of the merchant discount rate (MDR).
In addition, the government also said that approximately 4.23 billion digital transactions valued at Rs 7.56 trillion took place in November, 2021.
