National Payments Corporation of India (UPI Vyapaar Saksham Scheme)

Scheme paying acquiring banks to deploy QR codes and soundboxes and grow UPI payments at small merchants

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NPCI will use part of UPI's merchant fee to pay banks for signing up small shops

The UPI Vyapaar Saksham Scheme, set out in an 11 November circular, pools 5% of every participant's MDR share to fund QR codes, soundboxes and transaction growth at merchants with turnover up to Rs 40 lakh.

12 November 2026 · 2 min read

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12 Nov 2026Write-upNPCI will use part of UPI's merchant fee to pay banks for signing up small shops
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