this is something that India should have done long back and is doing it may be a decade or more behind other countries. Cashless economy or plastic cards are way forward and it is strongly needed to manage businesses and the critical reason being easy of transacting for end user. We should tract this cost as one off cost and recurring costs should be managed as part of the business process by Banks. It is a shame that this is still seen as a overhead.
this is something that India should have done long back and is doing it may be a decade or more behind other countries. Cashless economy or plastic cards are way forward and it is strongly needed to manage businesses and the critical reason being easy of transacting for end user. We should tract this cost as one off cost and recurring costs should be managed as part of the business process by Banks. It is a shame that this is still seen as a overhead.
