Service charge of Railway online ticketing has been waived off till 31st Dec 2016

Demonetisation Govt waives usage charges on digital transactions till December 31
news Demonetisation Wednesday, November 23, 2016 - 11:11

Even as complaints and discontent over demonetisation continue to build, the government has announced a slew of relaxations to increase the adoption of digital or electronic transaction methods.

These are the highlights from Das’s statement on Wednesday:

  • Public sector banks and some private banks have waived usage charges on debit card use till December 31.
  • National Payments Council of India has already waived off charges on cards.
  • Service charge on online ticketing for Railways has been waived till the same date.
  • 1.55 lakh point-of-sale machines have been installed to disburse new currency notes.
  • Charges on transactions made via feature phones also waived till December 31. 
  • RBI has already relaxed limits on e-wallets or prepaid payment instruments (PPIs) from Rs 10,000 to Rs 20,000 for individuals. 
  • All government organisations have been advised to use only digital payment methods to make payments to their employees.  
  • Finance Minister Arun Jaitley held video-conferences with NABARD & RBI, advised them to carry out the whole chain of activities smoothly.

 

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