government offers discounts to boost digital payments

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Post on 15-Apr-2017

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Page 1: Government offers discounts to boost digital payments

0.75% discount on petrol &

diesel purchases via digital

payment platforms.

10% discount on payments via

RFID or FASTags for highway

toll.

0.5% discount on monthly and

seasonal suburban railway

tickets.

5% discount for facilities like

catering and retiring rooms on

card payments

Rent on PoS machines reduced toRs100 to help small merchants.

No service tax on card

payments upto Rs. 2000.

10% and 8% discount on buying

general, life insurance policies and

renewal premiums from PSU

insurers’ websites

RuPay cards to 4.32 crore villagers

who possess Kisan Credit Card.

GO DIGITAL FOR DISCOUNTS FROM THE GOVT!

Will this suffice to push the nation towards a cashless economy?