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Home Co-op News Snippets

E-wallets a big hit at mother dairy booths: Singh

Parasnath by Parasnath
December 19, 2016
in Co-op News Snippets
0
E-wallets a big hit at mother dairy booths: Singh
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The Union Minister Radha Mohan Singh visited some outlets of Mother Dairy Milk and Safal to see the digitalization drive to promote cashless transaction in New Delhi. He also made cashless payment of via SBI Mother Dairy Smart Change Cards and E-Wallet to purchase the dairy products here.

Singh enquired about the payment options available in the outlet with the booth operators and saw a demonstration on the ease of purchase through digital mode. The operators expressed their happiness about the options available as they are also relieved of unnecessary cash transaction and the risk associated with the same, reads a PIB release.

Post demonetization, there has been an increase of 243 % in the number of transactions at mother dairy and safal booths through SBI mother dairy smart change card recording an increase of 336 % in the total value of transactions, claims the release.

Further, post demonetization, there has been an increase of 1363 % in the number of transactions at mother dairy and safal booths through e-wallet recording an increase of 714 % in the total value of transactions, it stated.

Tags: cooperativemother dairySafal boothsSBI
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