Tuesday, January 03, 2017

Cashless bid at airport parking lot hits big note hurdle

When most people want to save cash, the initiative for cashless transactions at parking lots of Lohegaon airport has found few takers.
Babulal Yadav,, the contractor of the two parking lots at the airport, said 90% people were opting to pay the parking fee in cash despite the introduction of six card reader machines and an e-wallet for the motorists. Yadav claimed the action of people proved they had cash in hand. But sources and a few motorists said spots like parking lots were a good option to get change for higher denomination notes.
"We have taken several steps after the demonetisation move to ensure people are not harassed if they have no cash. By mid-December, we had installed six PoS (point of sale) machines in two parking lots managed by us. Last week, we started a mobile wallet for those who didn't want to use their cards. But until now, majority of the people are paying us in cash," Yadav said.
He said he was not refusing change to people showing up with currency notes of Rs2,000. "If we have change, we do provide it to the customers," he added.
People working in the parking lot have a different story.
"There are quite a few who come here looking for change. Among the few places where people can expect getting a change for currency notes of Rs2,000 are petrol pumps and parking lots like these. Some of the drivers have told us that the owners of the vehicles provide them with Rs2,000 so that once they start coming out of the parking lot, we don't have any choice but to provide them with the change," a representative said.
03/01/17 Joy Sengupta/Times of India
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