Digital Payments MDR announcement
Read attached friends. Govt has addressed circle ask about mdr charges being absorbed by them in budget. However they are only doing it for businesses above 50 crore revenues. How about small traders. We have tens of millions of traders. They will still be not doing digital. more
Still maxmum dealing is done prefer in cash payments in all over India so there must be consideratioin more
I feel that the limit set by Government is reasonable. Common man generally doesn't deal with trading units with turn over more than 50 crores. This reform is long overdue. more
Even cab drivers like OLA and UBER in Chennai accept rides only if you pay cash more
i also think there is a mistake from which newspaper did it come.Check in the finance ministry website on the details.Actually hardships are faced by small traders more
It is the host of small traders and businessmen who should be encouraged to accept digital payments by their retail customers.
I have not been able to avoid cash payments to this sector.
Rest of my payments are always digital. more