Consumer Issues
Personalised debit cards for India Post
Cash management and payments solutions company CMS Info Systems has signed a deal with the Department of Post (DoP) to personalize over 15 million debit cards for India Post savings account holders, it was announced on Wednesday.
 
"The deal, valued at Rs.30 crore, is estimated to be completed in the next three years," an official statement said.
 
At present, the DoP covers a base of around 100 million account holders in India and is in the midst of a phased deployment of ATMs across the country to better service its customers.
 
To facilitate production of personalized debit cards that can be used at these ATMs, DoP has selected CMS Info Systems to supply Rupay-enabled cards.
 
"Our latest deal with DoP will power issuance of personalized cards to complement their ATM deployment plans over a three-year period," said Mokam Singh Matta, head of card business, CMS Info Systems.
 
The personalized debit cards for DoP will be issued on the National Payments Corporation of India (NPCI) platform and their usage would initially only be on ATMs installed at DoP branches, as a closed loop environment. The cards can later be used on other ATMs with Rupay affiliation, it added.

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Delays Bedevil Consumer Forums
What was meant as a quick, effective redressal system for consumers is now a slow, grinding machinery
 
After great efforts by several active Indian citizens, the country got the Consumer Protection Act, 1986 (the Act), promising quick, cheap and effective system for redressing consumer disputes. While the Act was enacted almost three decades back, the truth is that the Central as...
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BSNL to offer free national roaming from June 15
State-run BSNL has decided to offer free incoming calls to its mobile customers from June 15, Communications and IT Minister Ravi Shankar Prasad said on Tuesday.
 
Prasad made the announcement at a press conference here.
 
BSNL, in a statement, said: "BSNL has decided to offer free incoming calls to its mobile customers from June 15, 2015 for a period of one year to begin with, while on roaming across the country. The announcement comes ahead of the full mobile number portability (MNP) scheme which is in the offing." 
 
BSNL chairman cum managing director Anupam Shrivastava said: "Although there could be slight reduction in revenue on account of free incoming calls during roaming but we expect to gain first mover advantage and anticipate offsetting this amount by arresting churn out/porting out and by acquiring new customers." 
 
"As a public sector telecom operator our aim is not only to earn revenue alone but to provide best quality services to the masses in far-flung and remotest areas at competitive prices," he added.

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COMMENTS

Kedar Jayant Deshpande

2 years ago

Its good step.

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