Government services to become cheaper
Consumers can save up to 2.5% on credit cards and 0.75% on debit for using government services
Transaction costs of government services are all set to go for customers.
That is, paying utility bills, booking train tickets and paying fees for passport and central universities will become cheaper. The finance ministry has issued a memorandum asking government departments to take appropriate steps to bear all charges just like private merchants do for payment made through debit, credit cards and other digital means. “Most government companies and institutions pass all the charges involved in a transaction to end users, as these costs are not accounted for in their ...
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First Published: Wed, August 17 2016. 22:51 IST