Nearly 10 lakh citizen get reward money for embracing Digital Payment

Speed Post News Network

New Delhi :It has been 58 days since the launch of NITI Aayog’s two incentive schemes – Lucky Grahak Yojana and Digi Dhan Vyapar Yojana to promote digital payments and the public response has been quite encouraging. The initiative to make Digital Payments a mass movement in India through the two schemes has made a headway across the country with more and more people adopting digital transactions.

According to the latest figures released by the National Payments Corporation of India (NPCI), which has been executing the schemes, nearly 10 lakh consumers and merchants were disbursed over Rs 153.5 crore as reward money till  February 20, 2017. Among the 9.8 lakh winners, more than 9.2 lakh are consumers and 56,000 merchants and 120 consumers have won prize money worth Rs 1 lakh each, according to a PIB release.