Payments Infrastructure Development Fund (PIDF) Scheme
According to the RBI’s most recent status report, there were approximately 1.87 crore physical and digital payment acceptance devices deployed under the Payments Infrastructure Development Fund (PIDF) Scheme as of December 31, 2022.
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Government Approved Conversion of Rs 16,133 Crore Interest dues of Vodafone Idea into Equity
Reliance Retail to Accept Digital Currency for Payments
The Reserve Bank’s efforts to support the promotion of digital transactions at the grassroots level will gain momentum as a result of this decision to broaden the targeted beneficiaries under the PIDF scheme.
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