THE Government has no authority to allow a fee exemption for consumers opting for cashless payment as the decision is with the service providers, the Finance Ministry said. It said several service providers were already offering discounts to consumers who used the payment method.
The ministry said with e-payments becoming popular due to its convenience, many service providers had started giving fee exemptions to their customers. It said this was made possible through the e-Payment Incentive Fund (ePIF), a scheme initiated by banks to encourage cashless payment.