It ministry asks telcos for cashless action plan

Neeraj0110 Feb, 2017Business

Ravi Shankar Prasad, minister of electronics and information technology, has given a week to mobile telephone service providers for a plan on how to increase cashless transactions, sources said. At a meeting on Friday, Prasad apparently met representatives from Jio, Airtel, Idea, Vodafone and BSNL, among others. Apart from promoting of digital payments, the minister asked them to find ways of making it possible for feature phones to pay and accept e-payments.�The service providers are on-board with the idea and have said they would be ready with a plan in a week. The minister wants the telecom players to come up with different solutions. From our end, we will help them in every way possible,� said a senior official in the ministry.

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