Digital Payments through WhatsApp

Popular messaging app Whatsapp is now going to launch a version to enable users to make digital payments. Union IT Minister Ravishankar Prasad had a meeting with the Facebook-owned Whatsapp co-founder Brain Acton on Friday on the issue. As part of the efforts aimed at promoting the Digital India Campaign, the Union IT Minister asked the Whats App for greater usage of local languages.

“We will continue to invest so we can help more people across India, and we hope to contribute more to India’s vision for digital commerce in the future,” Acton added.

At present, Whatsapp has over 200 million users in India alone.

Be Alert Duplicate Swiping Machines are Releasing in to Market

People was getting confusion to confirm Original and Fake Notes but a other tension was started now because Fake swipe machines are coming in to market  so users must be alert and to be verify whether they are using Original are Duplicate Swiping Machines.

To confirm whether they are using Original are Duplicate swiping machines Ingenico iSC250 Terminal Manufacture Company Released key points to find difference between original and duplicate swiping machines. 

When user swipe a card using swiping machine only last chip of the card must be entered in to swiping machine, if total card was entered in to swiping machine then there was chance of stealing card details

Skimmer (is a path to insert card) when user inserts card in swiping machine gently a Green light gets on and gently gets off after some time again green light gets on and it will be in ON position, if the green light is on position with out blinking for second time, if not red light gets on then we have to make sure whether it was original are duplicate.

If swiping machine shows error two to three times and if it takes long time to connect then its better to report Bank officers 

Now a days many of card payment transactions taking place in order to get awareness (Ingenico iSC250) released some key points to know difference between original and duplicate swiping machines    

GOVERNMENT ASK LOCAL HANDSET COMPANIES TO MAKE SMARTPHONES LESS THAN 2,K FOR DIGITAL INDIA

The government has asked local handset makers to manufacture smart phones less than 2,000 to enable transactions let less cash economy people to get rid of costly phones to do transactions through samrtphones.

A meeting was held recently by NITI AAYOG  the government asked local handset makers MICROAMAX, INTEL, LAVA, and KARBONN, to manufacture low-cost samrtphones that can make digital transactions Chinese larger multinationals such as Samsung ad apple haven’t attended the meeting

But two of companies said that at present in the market smart phones low-cost and better in the technology platforms with most features and also they said according to the information companies told that instead of asking companies to make low smart phones its better to plan subsidy by the government.

The government aim is to allow finger scanner and QR code Response Scanner and AADHAR card Link payment technology in those low-cost smart phones. Over 300 million Indians have 1 million smart phones many rural area people willing to use only mobiles than smart phones

In market 3G Smart phones are starting from 2,500 where as 4g smart phones have high cost and rural area people averse to switch smart phones

The main agenda of Government is to turn the people to do Digital Transactions according to the QR Code Response and AADHAR Linking payments technology but as per press news is that there was no any opinion given by local handset makers.The government has asked local handset makers to manufacture smart phones less than 2,000 to enable transactions let less cash economy people to get rid of costly phones to do transactions through smartphones.

A meeting was held recently by NITI AYOG the government asked local handset makers MICROAMAX, INTEL, LAVA, and KARBONN, to manufacture low-cost smartphones that can make digital transactions Chinese larger multinationals such as Samsung ad apple haven’t attended the meeting

But two of companies said that at present in the market smart phones low-cost and better in the technology platforms with most features and also they said according to the information companies told that instead of asking companies to make low smart phones its better to plan subsidy by the government.

  

The government aim is to allow finger scanner and QR code Response Scanner and AADHAR card Link payment technology in those low-cost smart phones. Over 300 million Indians have 1 million smart phones many rural area people willing to use only mobiles than smart phones

In market 3G Smart phones are starting from 2,500 where as 4g smart phones have high cost and rural area people averse to switch smart phones

The main agenda of Government is to turn the people to do Digital Transactions according to the QR Code Response and AADHAR Linking payments technology but as per press news is that there was no any opinion given by local handset makers.            

Its Time to Lock Your Aadhar Biometric Data

Now a days AADHAR CARD playing main role in Human Being life , using Aadhar card for getting LPG GAS, BANK ACCOUNT, FOOD SECURITY CARD ,DIGITAL LOCKER used to Secure all the certificates and Many more.

After Demonetization Cashless payments also getting done through aadhar card so this is the time to secure our Aadhar card data to secure our Aadhar card data AADHAR services introduced Lock/Unlock Biometric option  we can see Lock/Unlock Biometrics option in Aadhar online services just below the advertisement in the main official website : https://uidai.gov.in/beta/

Click on the Lock/Unlock Biometrics after that a window will open.

Step -1 Personal Detail

In the step user had to give 12 digit Aadhar card number and type the security code which can see the below.  

And click on Generate OTP to the registered mobile number. TO complete Biometric Lock/Unlock process OTP will be sent to your Mobile

Step -2 to complete the Biometric Lock/unlock, user need to enter the OTP click which was sent to you in the Step-1 process after entering OTP click on enable option.

After this process completion you can see a statement as your biometric details have been successfully updated successfully.

By this process Your Aadhar Card Data will be secured there will be no chance to see by others. 

Indian Government Going To Bring Toll Free Number For Digital Payments

In the past Modi said Change your Smart Phones as Banking Source in order to these to clear all the doubts while going in way of cashless digital payments central government allotted a Helpline toll free number which was going to be started by next week.

If we call to this toll free number 1444 from any country that particular customer will clear all the doubts and also explains how to do the cash less payments also refers which is the suitable App to make secured payments. And also our central government started a Website “Cashless India”. To create awareness in the people India Government also going to start a Channel. 

Already Electronic IT Ministry Started a Channel Named as DIGISHALA   on DTH DOORDHARSHAN PLAT FORM. And These Toll Free Number helps people to develop cashless payments and India to be DIGITALIZED

IT Minister  RAVIS SHANKAR (Minister of Electronics and Information) Said that After November 8^th Digital Payments increased 100% more instead of that our payments are  400%. Our Government going to start more services to develop INDIA DIGITALIZED.    

Cell Phones are going to available at Low Cost in Telangana State

After banning of Currency Notes (500,1000rs) to improve Digitalization a bill was passed today in Telangana State Assembly Bill was about watt on Cell Phones. At present 14.5% watt was charged by Government. Telangana State passed a bill in assembly meeting by bringing the watt up to 5% down.

Snapdeal money delivery door step service

People facing many problems because of demonetization to overcome the situations online marketing site snapdeal   started door step delivery process snapdeal initiated a link cash@home in their website. by giving order through the link cash@home  courier boy will comes to the ordered address  with a swiping machine. Using the swiping machine we can withdraw up to 2000/-rs only on every order they are carrying  one rupee in the name of convenience charge and also they announced that in future they were planning to delivery more than 200/- rupees.

At present Snapdeal started this service only in gurgaon village, and bengaluru. Rohit Bansal

Co-founder of snapdeal announced that there services will explore to all the villages and cities.

There Was No Any Limit of Withdrawal Amount through Atm Cards

After demonetization in India many limits and conditions applied by RBI in case of Money withdrawal and deposit transactions.   After 30^th December of this month all the problems were going to be cleared at present withdrawal amount through ATM card Limit is 2500 this condition also going to be cleared. And also we can withdraw amount through banks according to the limits and rules before demonetization.

As per the present conditions weekly withdrawal amount is 24000 but after 30^th December of this month. RBI announced this all the rules may take back there will be no problems in case of money withdrawal etc and sufficient enough amount is present with RBI.  

CENTRAL GOVERNMENT OFFERS TO ENCOURAGE DIGITAL PAYMENTS

Central Government Offers To Encourage Digital Payments

And these payments will start from January 1^st 2017 as we know digital payments are raised 20% to 40%.

Two POS machines free for One Lakh villages if population is below 10,000

10 Lakh Insurance if railway tickets are booked by using online service

0.75% discount if petrol and diesel payments are done by digital

RUPAY cards are issued by NABARD for 4.32 Crores KISSAN credit card Holders

No Service tax for online payments below rupees 2000/-  

10% Discount at TOLL PLAZA if payments are done by RFID (RADIO FREQUENCY IDENTIFICATION)

5% discount for Catering, Retiring Rooms if railway tickets were booked online

0.5% Discount on SUBURBAN monthly season tickets.

10% discount if payments for Govt insurance companies are done by online.

 Nationalized Banks Should not charged above 100 /- rs on POS Rental.  

OFFLINE TRANSACTIONS USING PAYTM

Recently PAYTM introduced a new payment method which can be done offline by dialing a toll free number 180018001234 from the registered PAYTM mobile number. You can transfer money to other PAYTM user and can do a recharge.

If you want to access these services first you need to have a PAYTM account, now go to your phone dialer and call 180018001234.

If you are the first time user your call gets disconnected and then you will receive a call from PAYTM, it asks you to set a 4 digit pay PAYTM pin. After setting that dial 180018001234 then follow the instructions.

Voila, now you can transfer money offline to any merchant having PAYTM account as well as mobile recharge

ARE CASH LESS PAYMENTS RELIABLE?

According to the Given Data of Reserve Bank of India. RBI Issued 71.24 Corers Debit Cards (many of people had multiple accounts are also comes to under this data). But Coming to villages there were no swiping machines and many people habituated to do payments with money more than that people who had debit cards also not habituated do payments by using card.

Also, there was Shocking Fact that about 85% people are using debit cards to draw the money instead doing payments using cards.

If we look out one lakh payments approximately 94 thousand payments are done by money and about 6 thousand payments are done by cards.

25 JANDHAN YOJANA Accounts are started in that 20 Corers RUPAY Cards are issued.

There were no accounts of Money Payments done in the year 2015, but in the same time Google India, Boston Consulting Given a Report  that 20- 25% payments using money done in developed countries namely America, Japan, and France, Germany. Will it possible? That about 75% payments to be done using Cards

In our Country approximately 1, 50,000 post offices are working with computers so, we can do our money payments using computers in post offices.      

14.6

Present in our Country there are only 14.6 Swiping Machines are present. And to do payments, and buying etc we need swiping machines.

To do more cashless payments Government given orders to give 10 lakh Swiping Machines to all the shop keepers by next 3 months.

Because Banning of Big Notes Mobile E-wallets. E-wallet Business increased about 4% and at Present they are increasing a lot

Illiteracy

In country approximately 4 times Ratio people are illiteracy. 3 times Ratio peoples are Literacy.

There was no people at least % that all that people who could read and write more than one language. Will it Possible all the people can understand all these online process etc.

DIGITAL, ONLINE LITERACY

In our Country Half of the Percentage people are Youth aged about 25 all these young people can easily acquire the knowledge although people whor doing online transactions they don’t have DIGITAL  Knowledge fearing towards hacking cyber many of them not doing card payments.

Population in India is around 138 crores, and consists 1.32 lakhs of bank branches. Around 68% of population lives in villages and 32 % of population lives in cities. Among all the bank branches only 38 % of branches are in villages and about 62 % of branches are in cities. For all the people there are only 2.03 lakhs of ATMs.