Kerala Integrates e-Payment with e-Procurement
e-Commerce

Kerala Integrates e-Payment with e-Procurement

Views: 983

Kerala IT department has integrated an e-payment mechanism to its existing e-procurement system wherein bidders can make online payment towards tender document fees and EMD. Moreover Government can make online refunds of EMD amount to the unsuccessful bidder’s bank account in a time bound manner.

This move is aimed at further enhancing transparency and for ensuring complete confidentiality and anonymity in the Government tendering process. The integration of e-payment system will replace the present, conventional system of payment of tender document fees and Earnest Money Deposit (EMD) through Demand Drafts. Chief Minister Oommen Chandy will formally launch e-payment system in government procurements on April 17, 2013.

Get a chance to meet who's who of Transport ecosystem in India including key policymakers from Central and State Governments. Join us at National Summit on ‘Strategy for Ports, Highways Infrastructure and Logistics Efficiency , New Delhi on Aug 13, 2018 to explore business opportunities. Like and connect with us on Facebook, Linkedin and Twitter.

Recommended from all portals

Click to comment

Leave a Reply

Your email address will not be published.

Latest News

To Top