| Topic : Payment Systems in India |
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Activity:
16 views;
last activity : 07 06 2010 20:18:09 +0000
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Provide ATM Cards
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Improve the availability of new delivery channels
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Increasing the reach of payment services
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I think, the rural folk must be made aware for the ATM facilities and also provide support for new modes of traditional facilities such as ATM based Kisan cards etc. |
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Not only issuing more ATM cards, but also by improve the availability and coverage of the new delivery channels like extension of facilities such as the Automated Teller Machines for cash payments and also fund tranfer facilities available through ATM centres can also improve the payment system in rural areas. |
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In my view, by means of tie up and collaboration with other large coverage entities such as the PostOffices and also facilitating large scale deployment and use of multi application smart cards which would also be used for storage and transfer of small value payments in electronic mode. This would be achieved by means of introduction of easy to use, small and cost effective hand held devices for transfer of value between cards in a secure manner. |
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