When we book train tickets through IRCTC or pay for domestic gas cylinders through Indian Oil One app and bills towards piped natural gas etc., we may use credit/debit cards or internet banking. The acknowledgement receipt would reflect the actual billed amount while the debited amounted is a little more, say Rs 5. This is because, just prior to making the payment a gateway pops up to facilitate the transaction. Why is there need for a third-party who charges extra when we are making the payments from our bank accounts or cards? Imagine the number of internet transactions that happen on a daily basis and the money raked in by the intermediary party who operate the payment gateways. Why should this gateways electronically ‘take’ our money and ‘hand’ it to the vendors/ service provider? There is no benefit or advantage either to the payer or to the payee. The government should do away with this ‘middle-man’ businesses that are unnecessarily wedging themselves between two parties. These third-parties have no right to meddle by acting as conduits between us and the service providers during any transactions.
