Now You Can Use Old Rs 500 Notes For Prepaid Mobile Recharge
Nov 26, 2016 Add Comment
Cellular Operators Association of India (COAI) on Friday. said government's decision to accept old Rs 500 notes to be utilized for prepaid mobile recharges which will address troubles being confronted by consumers. This will allow them to continue utilizing mobile services without disturbance.
COAI Director General Rajan Mathews said.
We are charmed that government listened to our request in light of a legitimate concern for customers, addressing the troubles confronted by ordinary citizens who can keep on topping up their mobile and keep utilizing the mobile services, which are essential services,
As indicated by some industry reports, the recharges and top-ups for prepaid mobile services have tumbled down to 30-50 percent. As consumers are battling with less cash in hand after the Government's turn to scrap old Rs 500 and Rs 1,000 notes.
It had said that telecom service providers ought to be permitted to accept the Rs 500 demonetized cash notes until such time as substitution currency is available to ordinary citizens in sufficient amounts to direct their daily every day issues.
Government has extended the facility to utilize old Rs 500 notes out in public utilities and more services like mobile recharge, however halted the over-the-counter exchange of old currencies and utilization of Rs. 1,000 notes
This implies old Rs 500 notes can be utilized to top up prepaid cell phones, till December 15.
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