Trade leaders demand to constitute digital payment regulation board

Faster adoption and acceptance of digital payments in India among the trading community and general masses can be achieved if transaction charges levied by the banks on digital payments is waived and a Digital Payments Regulation Board is constituted, opined trade leaders at a national seminar held by the Confederation of All India Traders (CAIT).

The seminar was inaugurated by Rohit Singh, Secretary, Consumer Affairs and also attended by Navneet Goel, Chief Commissioner, CGST, Excise & Custom for MP and Chattisgarh besides trade leaders from Delhi and other states.

In the wake of RBI issuing digital-e-rupee reflecting intentions of the Government to create a less cash society,