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The government has made it mandatory to link the Pradhan Mantri Jan Dhan Yojana bank account to your Aadhaar card under the Prevention of Money Laundering Act.
Disconcerted by falling business in key markets, Visa Inc has complained to the US government that India's "informal and formal" promotion of domestic payment... 15.12.2021, Sputnik International
The minister said that the government will reimburse transaction charges levied on digital payments made by persons to the merchant as part of the merchant discount rate (MDR).
Government will reimburse transaction charges levied on digital payments made by persons to the merchant as part of the merchant discount rate
"In the coming one year...the government will invest around Rs 1,300 crore so that more and more people move towards digital payments," Vaishnaw said. He also said that 423 crore digital transactions valued at Rs 7.56 lakh crore took place in November. 📰 Semiconductor Shortage: Union Cabinet Clears Rs 1,300 Crore Incentive Scheme to Promote Digital Payments.