Beggars Reject ₹10 Coins, Opt for QR Code Donations

₹10 coins are not being accepted in the metropolis. Not only shopkeepers but even beggars are refusing to accept ₹10 coins.

Aug 31, 2024 - 13:28
 0
Beggars Reject ₹10 Coins, Opt for QR Code Donations
Beggars Reject ₹10 Coins, Opt for QR Code Donations

Mathura. It’s surprising how quickly things are changing with digital payments becoming the norm, even for small transactions. Although ₹10 coins are indeed legal tender, many people mistakenly believe they are fake or not widely accepted, leading to their rejection.

The refusal to accept ₹10 coins in metropolitan areas is a widespread issue despite the fact that they are legal tender. This problem often arises from misconceptions about the validity of these coins, sometimes due to rumors of counterfeiting or simply because people prefer not to deal with coins.

The refusal to accept ₹10 coins, especially if it's happening selectively in certain areas like Mathura, does raise concerns about misinformation and a lack of awareness. However, it's important to clarify that while refusing legal tender is a violation of the law, it typically falls under consumer protection laws rather than being considered an act of treason.

If you are Shopkeeper refusing to accept ₹10 coins, which are legal tender, is against the law. If someone refuses to accept these coins, you can indeed lodge a complaint at the local police station.

The small and large businesses in the city say that ₹10 coins are no longer visible in the markets. Due to the cessation of transactions with this coin, it has largely disappeared from circulation. ₹10 coins are not accepted at any grocery stores, tea stalls, paan shops, or street vendors.

₹10 coins are not accepted at any grocery stores, tea stalls, paan shops, or by street vendors. The suppliers who provide goods to these merchants also refuse to accept ₹10 coins. The merchants mentioned that since the launch of various apps like PhonePe and Paytm, people prefer to pay using these methods. This is why ₹10 coins are no longer visible in the market.

Over time, these coins will completely disappear from the market. If a large number of ₹10 coins are collected at once, bank officials also refuse to accept them for deposit. When you try to deposit small change at the bank, the officials ask you to come during your free time or in the evening. Bank officials do not accept large deposits in one go; they deposit them in two to three installments after being pressured.

That is why merchants have stopped accepting ₹10 coins. Even beggars now refuse to accept ₹10 coins. In light of Digital India, beggars are now carrying QR codes for online payments.

According to RBI guidelines, if a shopkeeper refuses to accept ₹10 coins, a complaint can be lodged against them.

₹10 coins are completely valid. If any shopkeeper or bank refuses to accept ₹10 coins, you can file a complaint against them on the website or at the local police station.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow