Road Transport Authorities in Andhra go Cashless
Industry Trends
ram@justransact.com
21-11-2016 00:00:00
Road Transport Authorities in Andhra go Cashless

The Regional Transport Authority (RTA) in Visakhapatnam is the first among the other RTAs in Andhra Pradesh to introduce point-of-sale (PoS) machines for its transactions. All RTAs in the state earn a revenue of about 7 crore daily.

 

The transport department has recently procured 43 POS machines from the State Bank of India (SBI), and these machines were distributed among all RTA offices and check-posts. The state government has decided to introduce cashless transactions in the district. Transport officials on Sunday participated in a training programme on how to use PoS machines.

 

RTA deputy commissioner for Visakhapatnam region S Venkateswara Rao said the state government instructed them to operate the services with the PoS machines besides taking cash from the people from November 21.

 

"We in fact planned the POS earlier, but the right opportunity has come now. It’s a permanent measure. We daily make nearly 1,000 transactions in Visakhapatnam district alone worth 3 lakh to 7 lakh per day. Now, we will use entire transactions through the POS machines," Venkateswara Rao said. Srikakulam, Vizianagaram, Visakhapatnam and East Godavari districts have made arrangements for cashless transactions from Monday.

-K Ramanathan ram@justransact.com


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