Interesting observation on #CostOfPayments in #DBT delivery. Is the voucher "more cost efficient" for all parties than existing system?
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RT @Sabya_K
Interesting design for a Direct Benefit Transfer scheme.
Looks like the transaction cost of the transfer will be borne by the issuer.
This will make a big difference vis-a-vis other bank-account-based DBTs where banks bear this cost, becoming reluctant and ineffective partners. https://…
https://twitter.com/Sabya_K/status/1421799491624083458
“Interesting design for a Direct Benefit Transfer scheme. Looks like the transaction cost of the transfer will be borne by the issuer. This will make a big difference vis-a-vis other bank-account-based DBTs where banks bear this cost, becoming reluctant and ineffective partners. https://t.co/koL8ETxKSK”
#CashlessConsumer #RTI We asked #Meity about the #MDR subsidy spends for calendar year 2019. - 1010 Crores
2018 - https://twitter.com/logic/status/1111548016991694848
₹ 1664 Crores was how much tax payer money was spent as subsidy to promote #DigitalPayments in 2018,2019. #CostOfPayments
Srikanth ஸ்ரீகாந்த்
Cashless Consumer