RuPay is the first-of-its-kind home debit. India’scredit cardfee network developed through India’s National Payments Corporation (NPCI), an umbrella company for running retail payments and settlement structures. “We will be (launching RuPay primarily based oncredit card) soon. There is a fin...
8. GST should not be paid on government incentive to banks for promoting RuPay debit cards and low value BHIM-UPI transactions. Currently, an incentive is paid by government to banks as a percentage of the value of RuPay Debit card transactions and low-value BHIM-UPI transactions up to Rs ...