“The company will have card swiping machines in cash counters of its zonal offices that will solve the problem of lower denominations notes crunch,” said Subroto Roy, MPPKVVCL superintendent engineer. He said that the work for installation of these swiping machines has already begun and the facility is expected to begin from next month.
The company at its initial phase plans to install card swiping machines at 18 of its zonal offices, including, Annapurna, Electronic Complex, Goyal Nagar, Gumashta Nagar, khajrana, Malwa Mill, Manoramaganj, Navlakha, OPS South, Rajendra Nagar, Rajmohalla, Rau, Satya Sai, Tilak Nagar, Subhash Chowk, Vijay Nagar, Biyabani and Sangam Nagar. “As of now, we are focusing on middle and service class consumers, who prefer cashless transactions,” Roy said, while adding that it has become pertinent to provide cashless payment options to the consumers.
After the demonetisation move, hundreds of consumers had wished to pay their bills through credit or debit cards. There are around 29 zone offices of the company in Indore and the number of swiping machines will be increased gradually as per the need. Earlier, the consumers had to either pay cash or issue cheque.