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GOI Incentives for Digital Payments

This scheme is used to incentivize an existing user of BHIM to bring new users to the platform. Here bonus is paid to both referrer and the referee.

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GOI Incentives for Digital Payments

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  1. GOI Incentives for Digital Payments

  2. GOI Incentives for Digital Payments • BHIM Reference Bonus Scheme for individuals • BHIM Cash Back Scheme for Merchant • BHIM Aadhaar Merchants Incentive Scheme • Waiver of MDR Charges

  3. BHIM Reference Bonus Scheme for individuals • This scheme is used to incentivize an existing user of BHIM to bring new users to the platform. • Here bonus is paid to both referrer and the referee. • To get the referral benefit, referee has to perform 3 successful transactions.

  4. BHIM Reference Bonus Scheme for individuals

  5. BHIM Cash Back Scheme for Merchant • Here merchant has to be a BHIM user. • to be eligible for the incentive, merchant should have received min of 50 credit transactions from at least 20 unique transactions, from unique valid UPI customers (including BHIM users) in a month. • Cashback can range from Rs.100 to Rs. 300 in a month.

  6. BHIM Cash Back Scheme for Merchant

  7. BHIM Aadhaar Merchants Incentive Scheme Waiver of MDR Charges • Each BHIM transaction will be given an incentive of 0.50% of transaction value upto Rs.10000, with a min incentive of Rs. 2 and max of Rs. 50. • Max incentive is restricted to Rs. 2000 per merchant per month. • This scheme is valid till 31st March 2019. • There is no MDR charges for transactions with value less than or equal to Rs.2000 using Debit Cards/BHIM UPI/AEPS with effect from 01-01-2018. • Merchants will not be charging extra amounts from customers for using debit card payments.

  8. VIJAYA BANK • Vijaya Bank is a PAN India Institution, serving diverse sectors of the society • The Bank offers a bouquet of innovative and attractive products and services to its customers. It has also incorporated a host of latest Digital Banking products, to provide the best services to its customers. Digital Banking services are: • VPAYQWIK • Mobile Banking • Net Banking • Vijaya UPI • Twitter bankingand many more… For details, visit: https://www.vijayabank.com

  9. THANK-YOU

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