Q : What's wrong with Cashless Transaction.
A:
Quote * Sir think that a 100 rupee note is circulated 1,00,000 times in its lifetime ,it will have the same value no body get any commission.but if it is circulated through cashless way each transaction fetches 2.5% commission that means 1,00,000 times 2.5% = 2500% i.e. Rs. 2,50,000 (Rs. Two Lakhs fifty thousand Rupees) to service providers like Paytm or Jio Money etc. Just for hundred rupees. So, it's a perpetual golden egg laying goose gifted to the gang.
That's why this is the Mother of All Scams"*
A:
Quote * Sir think that a 100 rupee note is circulated 1,00,000 times in its lifetime ,it will have the same value no body get any commission.but if it is circulated through cashless way each transaction fetches 2.5% commission that means 1,00,000 times 2.5% = 2500% i.e. Rs. 2,50,000 (Rs. Two Lakhs fifty thousand Rupees) to service providers like Paytm or Jio Money etc. Just for hundred rupees. So, it's a perpetual golden egg laying goose gifted to the gang.
That's why this is the Mother of All Scams"*
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