The National Payment Corporation of India (NPCI) will implement the schemes.
Weekly and daily awards
Under the Lucky Grahak Yojana, 15,000 winners will get cashback prizes of Rs 1000 each every day for a 100 day period starting on December 25 (Christmas) and ending on April 13 next year.
In addition, there will be weekly awards worth Rs 1 lakh, Rs 10,000 and Rs 5,000.
For merchant scheme 'Digi-Dhan Vyapar Yojana', there will be weekly prizes worth Rs 50,000, Rs 5,000 and Rs 2,500 to be announced during the period.
There will be 7,000 weekly awards each for consumers and merchants.
Mega awards
In addition, mega-awards will be announced on April 14 for both consumers and merchants, for doing transactions digitally between November 8 and April 13 next year.
For consumers, the first prize is Rs 1 crore, the second prize is Rs 50 lakh, and the third is Rs 25 lakh. For merchants, the prizes are Rs 50 lakh, Rs 25 lakh, and Rs 5 lakh, respectively.
There will be a random draw of digital transaction IDs to select awardees, Kant explained.
All forms of transactions through UPI, USSD, Aadhar Enabled Payment System (AEPS) and RuPay cards will be eligible for lucky draws.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Submit your guest articles for our website click here we will publish it Subscribe our Email updates like other 21,000 Members, Free/Easy/Comfortableway
Weekly and daily awards
Under the Lucky Grahak Yojana, 15,000 winners will get cashback prizes of Rs 1000 each every day for a 100 day period starting on December 25 (Christmas) and ending on April 13 next year.
In addition, there will be weekly awards worth Rs 1 lakh, Rs 10,000 and Rs 5,000.
For merchant scheme 'Digi-Dhan Vyapar Yojana', there will be weekly prizes worth Rs 50,000, Rs 5,000 and Rs 2,500 to be announced during the period.
There will be 7,000 weekly awards each for consumers and merchants.
Mega awards
In addition, mega-awards will be announced on April 14 for both consumers and merchants, for doing transactions digitally between November 8 and April 13 next year.
For consumers, the first prize is Rs 1 crore, the second prize is Rs 50 lakh, and the third is Rs 25 lakh. For merchants, the prizes are Rs 50 lakh, Rs 25 lakh, and Rs 5 lakh, respectively.
There will be a random draw of digital transaction IDs to select awardees, Kant explained.
All forms of transactions through UPI, USSD, Aadhar Enabled Payment System (AEPS) and RuPay cards will be eligible for lucky draws.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Submit your guest articles for our website click here we will publish it Subscribe our Email updates like other 21,000 Members, Free/Easy/Comfortableway