Cashless ConsumerMay 2, 2020

Bank correspondents making a killing in rural areas
https://www.thehindu.com/news/cities/Hyderabad/bank-correspondents-making-a-killing-in-rural-areas/article31482574.ece

#AePS #MDRWars #AePSDenial #CashTransfers #DBT

Bank correspondents making a killing in rural areas

They allegedly make a cut in cash withdrawals made from micro-ATMs in villages

Cashless ConsumerApr 9, 2020

https://www.linkedin.com/pulse/should-transaction-restrictions-aadhaar-based-withdrawal-sen/?trackingId=j%2FTBOYhESSmt3K8Nw27o5w%3D%3D
Should transaction restrictions on #Aadhaar based withdrawal be called off during the current #COVID19 crisis situation?

#AePS #MDRWars #PMGKY #DBT

Should transaction restrictions on Aadhaar based withdrawal be called off during the current Covid-19 crisis situation?

In Oct 2019, few PSU banks have restrict Aadhaar Based and Micro ATM transactions of other Banks to 4 times a month. These restrictions, however, only apply in case the customer uses the micro-ATM terminal of another bank.

Cashless ConsumerMar 2, 2020
Digital payments: Who cares about #MDR? #MDRWars #ZeroMDR https://www.indiatoday.in/magazine/up-front/story/20200309-digital-payments-who-cares-about-mdr-1650540-2020-02-28 via @indiatoday
Digital payments: Who cares about MDR?

The government’s move to selectively do away with the MDR is an attempt to promote digital transactions on the RuPay and BHIM networks by making them a cheaper option for consumers