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Demonetisation woes continue after 50-day deadline – The Urban Debate
Posted
January 4, 2017
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as posted by the channelIt has been well over the 50 day deadline set by the centre- post the demonetisation and on ground things have not changed for the better. As citizens continue to battle cash crunch, the government is throwing another shocker our way. Starting from the 1st of January, ATM transaction charges are back. You could be charged what's called merchant discount rate or a transaction fee on every credit or debit card transaction - 0.5% for transactions up to Rs 1000 and 0.25% for transactions up to Rs 2000. Technically, these are rates which the merchant has to pay and cannot pass on to you as a customer. Magicbricks NOW caught up with Sudhanshu Mittal- Senior Leader, BJP; RK Mishra- President, Navbharat Democratic Party; P Chengal Reddy- Farmer's Activist; Dr. Sunil Kumar Singh- Spokesperson, JDU; Clyde Crasto- Spokesperson, NCP; and Adhil Shetty- Founder, Bankbazaar.com to discuss this. Take a look.
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