Card / Online transaction
July 31, 2009 9:37am CST
Hi All, Card or Online transaction has to be encouraged by RBI by removing the fee collected by Traders in the name of Service charges for Card transaction. This will make a good entry to reduce cash usage and hence long term Black money transaction as none will have cash / need cash for any type of payments. Yesterday I paid 60K for a hospital as Cash, just because they will charge 2% service charge for using my Debit card. So has to remove cash from ATM and pay them.