Digital payment
Government is right in encouraging digital payment. However, very many parties do not accept or reluctant to receive money through plastic card. The reason is that they are charged by the Banks 2% on the sums received by them. If it is true, it is not correct.
There should be no charge on digital payments. If anything government should give some incentive.
Friends please give your views. more
There should be no charge on digital payments. If anything government should give some incentive.
Friends please give your views. more
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Government has to find a way to replenish part charges for non Indian[BANKS] cards,who disagree and charge customers. more
Dec 19
Many dealers of hardware, electrical fittings, automobile spare parts dealers etc and wholesellers of medinies (atleast in place like Bhagirath Palace medicine market) don't accept digital payment. They even donot issue a proper bill. This is mainly being done to avoid taxes and sell substandard/spirious items. more
Dec 19
Cards are not the only means of digital payments. A debit or credit card transaction always attract a nominal charge, only from fund recipient. Govt of India has introduced several other digital payment modes like UPI, USSD, AEPS etc. Among these, UPI is the most economical, besides fund transfer being instantaneous. Literally no charge is levied! I have been using UPI (with BHIM App) for quite some time and have not paid a pie towards transfer charges. more
Nov 25
I think for Credit Cards, the seller pays a charge that is adjusted in his Merchant Bank Account and only balance is paid to him.
But when a Trader displays 'Credit Cards Accepted' in his shop, he may not dare to say otherwise. more
But when a Trader displays 'Credit Cards Accepted' in his shop, he may not dare to say otherwise. more
Nov 19
