Wednesday, December 21, 2016

100 rupee for us - lakhs in commission for digital payment companies

What's wrong with CASHLESS TRANSACTIONS?* ❓

Here's a Simple Explanation...

Consider a ₹100 note that is circulated in cash 100,000 times.
It will have the same value.
Nobody get any commission on the transactions.

But if it is circulated through cashless channels,
each transaction fetches around 2.5% commission for the channel.

Let's do the maths...
₹100 x 2.5% x 100,000
= ₹2,50,000/-
(Rs. Two Lakhs, Fifty Thousand only)
to service providers like PayTM, Jio Money, e-Wallets, etc.
Just for a single note of ₹100 !

Now imagine how much they'll raking in
from billions of transactions
worth Lakhs of Crores of rupees
every single day!!!

So, it's a "perpetual golden-egg-laying goose"
gifted by the present regime to the Cashless Transactions Cartel
who will undoubtedly repay this favour to the political party.

Or...
is it already repayment of favours granted to the political party during the previous general elections???

That's why this is...
❗ the "MOTHER OF ALL SCAMS" ❗⁠⁠⁠⁠

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