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GTDC is the first state-owned organisation to adopt 100% cash-less transactions

GTDC becomes first state-owned entity

to adopt 100% cash-less transactions

By taking the lead in bringing all its tourism business activities under the ambit of cashless transactions, Goa Tourism Development Corporation (GTDC) has become Goa’s first state-owned organisation, which has adopted 100 per cent cashless transactions.

GTDC said that it has systems to facilitate cashless transactions whether for hotel reservations, package tours, cruise rides or any other tourism service.

An online web portal, a mobile app which runs on iOS and android platform for booking of services and products and point-of-sale (POS) machines at restaurants have enabled GTDC to have a 360 degree approach to new cashless system.

In a press release, GTDC informed that it is also working to introduce pay wallets and talks are underway with leading pay wallet providers so that pay wallets can be accepted as another mode of cashless payments.

The Santa Monica Jetty also offers payments through credit cards and debit cards.

The press release also said that GTDC is doing cashless transactions of Rs 2.5 lakh “ 3 lakhs every day for various services it provides, which is in addition to cashless transactions recorded on GTDC’s e-commerce portal and mobile app.

Gavin Dias, general manager (hotels)- GTDC said, “All GTDC residencies are provided with point-of-sale (POS) machines to facilitate cashless payments and most tourists prefer to use this facility.”

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Published Dec 1, 2016, 12:00 AM IST
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Box 1. Traders and businessmen, who want to go cash-less, will have to open a current account, in case they don't have. 2. Current accounts are meant for businesses, as account-holders can withdraw as much money and as frequently as they want to. 3. But since demonetisation was announced, the limit per week withdrawal from a current account is Rs 50,000. 4. Current accounts fetch no interest. In fact, current account-holders have to pay maintenance charges to banks. 5.…

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