Skip to main content

Posts

Showing posts from December, 2016

Is The Cash Really "Free " ?

So #Cashless is the new buzz word and #DigitalPayments is the new mission in India.As many of you know,we have been trying to promote cashless and digital payments in our city and district and have been moderately successful in many communities like local fishermen,senior citizens and students getting started in the digital payments journey.Digital payments would be a new normal in coming years and if our country may not become "cashless" but at least "less cash" will be a sure thing in our economy. While promoting cashless economy ,many objections we get to hear from the critics starting from the poor infrastructure of internet,electricity ,telecommunications to even the cost of POS machines,MDR merchants have to pay for accepting cards and also issues like cyber crime which is a real threat to "everything digital ". While we agree that a lot is yet to be done by the government for making basic infrastructure available up to rural panchayats and remote ...