RBI’s New Rule: Rs.100/Day For Every Transaction

Demonetisation of high-valued currency notes resulted in the increased graph line of digital transactions. With the penetration of digital transactions, the demand for many new best mobile wallets or Digital wallets or e-wallets like Paytm, freecharge, Mobikwik etc., and best UPI based apps BHIM, Tez, PhonePe etc., like increased drastically.

But, the increasing failure transactions are disappointing the customers of both banks and wallets and diverting people who don’t know how to recover the failed bank transaction amount to cash transactions.

To eradicate the banker’s negligence and failed bank transactions, RBI released a new guideline stating “in case the didn’t dispense money and the customer gets a message saying that the amount deducted, then along with the money customer will get Rs.100 as an extra reward.

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