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Get ready for cashless transactions at post offices
Posted on: 12/Jan/2017 11:43:25 AM
As of now several counter transactions, including booking of registered parcels, money orders and speed posts, are being carried out through cash in the post offices. Now with the government’s cashless policy, the Department of Posts too will soon use PoS machines for cash transactions in select post offices across the State.
The Centre has sanctioned about 1,000 PoS machines to be distributed for post offices across the country. Of this, nearly 120 PoS machines for processing credit and debit cards payments will be provided to post offices across the State during first phase.
Officials of the postal department said that initially four post offices - Anna Road head office and General Post office, Rajaji Salai, Chennai and one each in Madurai and Tiruchi region would be provided with PoS machines as a pilot project.
The department has partnered with State Bank of India for operation of PoS machines.
