Monday, March 18, 2019

If you book a ticket Online, then read this

Nowadays, you do not have to queue the theaters counter to book a movie. It's easy to book tickets through mobile app, website or 'book my show'. But for this, a few bucks are charged more than the original price of the ticket. These money are taken as internet handling fees. The Reserve Bank of India has clarified that the online ticketing platform of film tickets is not the right to boast an Internet handling fee from consumers.

Forum Against Corruption President Vijay Gopal has lodged a complaint with the consumer forum against Book My Show, PVR. In response to a question asked under the Right to Information Act, the Reserve Bank has stated that it has violated the RBI's Merchant Discount Rate (MDR) norms for charging an additional fee.

If the original amount is Rs 200 for booking a movie ticket, then the amount will be up to Rs 230 for the Internet handling fee. Not only ticket-booking apps, food delivery and cab service apps also charge such an internet handling fee, said Vijay Gopal. They demanded that citizens should come together and raise voice against them. The next hearing on this matter will be on March 23.

What is Merchant Discount Rate (MDR)?
The amount the Merchant Bank gives to the bank for accepting money from the customer through a credit or debit card, is called the trade discount rate. Since the amount is to be traded by the traders or the shopkeepers, the common customers should not pay their bribes. It is said that the charges of internet fees from consumers are illegal.