6% markup on online transaction condemned


KARACHI: President Karachi Transport Action Committee Muhammed Ashraf Banglori on Sunday condemned charging of 6% markup on online transaction by State Bank of Pakistan and demanded from the government to rid transporters and traders of it.

He said that with 6% markup, transporters had been also affected along traders, as they also make millions of rupees’ online transaction daily.

“The government should play its role to take back SBP’s cruel decision. This decisions would give loss to the businesses,” he said.