UPI Transactions: The government recently introduced an incentive scheme for promoting low-value BHIM-UPI transactions under Rs 2,000 to small merchants by providing acquiring banks with a 0.15% incentive per transaction. This initiative aims to enhance digital payment usage and relieve consumers from any potential Merchant Discount Rate (MDR) charges that might be levied on them by banks and payment processors. No incentives have been offered to large merchants.