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Friday, December 20, 2024 | 03:53 PM ISTEN Hindi

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Fraught with risk

Unless govt sets up e-payments regulator to supervise justice, success of system is doubtful

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Satish Murdeshwar Pune
Even as the central government pushes for e-payments, the system is fraught with the risk of scams and problems for a large number of potential users. Unless the government sets up an e-payments regulator to supervise and deliver justice to customers in response to their complaints, the success of the system is doubtful. 

Notice how government and/or semi-government agencies charge commission through payment agencies. For whose convenience do the payment agencies accept such an amount — for beneficiaries like the Municipal Corporation of Greater Mumbai, the Maharashtra State Electricity Distribution Company Limited and the Indian Railway Catering and Tourism Corporation? Convenience

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