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Rs. 1 crore prize for e-payments- Niti Aayog
To boost the digital payment system, Niti Aayog has been coming out with a plan of an incentive scheme, including a Rs one crore prize.
All consumers and merchants using digital payments will be eligible to avail the benefits under this scheme. Niti Aayog has asked the National Payment Corporation of India (NPCI) to launch the programme.
Reportedly, National Financial Inclusion Fund would provide Rs. 125 crores for the scheme, which is mainly aimed at the poor, lower middle class and small businesses. To encourage them, a weekly lucky draw of the transaction IDs will be held and the winners will get Rs 10 lakh. Ten customers and ten merchants will also be given the prize every week, sources said.
