Monday, May 28, 2012

My View on "Electronic transactions"

In the case of electronic transactions, even an agency commission of Rs 12 migt leave more margin for a bank than a payment of Rs 50 for a transaction done thru  a cheque payment.It does not seem likely that a customer would not put through an Electronic transaction just to enable banks earn more commission per transaction. 

- A.Chandramouliswaran

No comments: