BCCI introduces digital payments for state associations and players
BCCI secretary Jay Shah (Source: Twitter)
In a groundbreaking move, the Board of Control for Cricket in India (BCCI) has digitalised its payment process that will now facilitate smoothness in respect to releasing funds of state associations and players.
Under the new Database Management System, players will submit their invoices monthly, while earlier it had been sent after the completion of the tournament. Their payments will be dispersed on the number of matches played in a month
Moreover, the now-adopted system will see reduced paperwork as one of its major benefits. While the state associations will be given the power to approve players' payments digitally, it previously required the players to raise invoices to their respective state units, who would further send it to the BCCI.
"Players don’t need our approval to receive their match fees anymore. For us players getting match fees on time is the priority. It will be a kind of blanket payment and an easy process will be followed,
"Players themselves will now be able to raise invoices as per their convenience at any location through the online portal."
The BCCI has set three payment slabs for its junior and senior players. Seniors, who have played 20 matches get Rs. 40,000 whereas reserves take home Rs. 20,000 per day.
Rs. 50,000 are paid to cricketers having experience of 21 to 40 matches, while reserves receive Rs. 25,000. Those who have played more than 40 matches secure Rs. 60,000 and reserves obtain Rs. 30,000.
The major benefit of the process is that there won't be any delay in payments from now onwards as players will now have the authority to send invoices rather than state associations.