Incentives to Promote Digital Payment
- 1 lakh Villages to be provided with 2 PoS machines
- Regional Rural Banks & Cooperative Banks to issue 4.32 crore “Rupay Kisan Cards”
- 10% discounts at fuel purchase, highway tolls, rail tickets and insurance premiums
- No service tax on all digital transaction upto Rs. 2000
- PSBs advised to reduce PoS rentals to Rs. 100 per month
- Free accident insurance cover of up to Rs. 10 lakh for online rail tickets
- No transaction fees for payments made through digital means by Central Government Departments and PSUs
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