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Govt considers 'security fee' for every digital payment to curb cyber fraud
Govt considers 'security fee' for every digital payment to curb cyber fraud
Nasscom Internet Council Head, Prasanto K. Roy, said that a fee on every digital transaction could start a fund that could be used to create better infrastructure to secure digital transactions.
“The fee can be like a cess which will help create a fund to develop good infrastructure, hire experts and secure online transactions, which is the need of the hour. Just like a Swachh Bharat Cess,” he told ThePrint.
Emails and calls to officials from the Department of Financial Services regarding the proposal received no response.