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

RBI ANNOUNCES BREAKING NEWS ABOUT 100 RUPEES CURRENCY NOTE

Reserve Bank of India going to Release new 100 currency rupees note but in these in 100 rupees note IN LETTER presents PANELS will be not there and this 100 rupees currency notes will available very soon.  RBI declared that there was no need to tense all the 100 rupees notes which are present now will count.  

As we know in the past  RBI Banned 500, 1000 currency Notes and within short time 20, 50 currency notes also ready to control the change problem causing because of 500 and 2000 rupees currency notes      

INDIAN GOVERNMENT INTRODUCING NEW PAYMENT METHOD SOON

Although we have a variety of payment methods such as debit cards, credit cards, internet banking, USSD (Unstructured Supplementary Service Data) based payment methods Indian government is trying to implement a new type of method using QRCODES (Quick Response Code). If everything goes right this will be implemented before January 2017. If this method is implemented there is no need to carry your cards in your pockets to buy something.

Most of us already know that PAYTM and JIO MONEY have introduced QRCODE based payment, the downside of these PAYTM and JIO MONEY is that the money which is loaded into the app so the users must have sufficient balance in their online accounts which is quite annoying to some users.

So our new method just uses a universal app for all bank payments, Basically how this works is that when the merchant shows you the QRCODE you need to scan that code with the app you have installed before then the app connects with your credit or debit card (i.e., direct payment through your card) and transfers the amount instantly to the shopkeeper. So there is no need to load the amount into the app all the time.

why Amma jayalalitha is hospitalized?

Extracorporeal Membrane Oxygenation Provides (ECMO) support to the heart of the patient and lings to function normal when there functions are in abnormal situation and Circulates blood and moves carbon dioxide (CO2) Artificially this oxygenates the Red blood cells and keeps patient alive.

Itself it wills not a cure just allows playing the function of the heart and function of the lungs this treatment is carried when there was any hope if the patient’s gets heal. This treatment may carried for hours or for days   

From many days Amma Jayalalitha was suffering from Diabetes and she has to maintain diet but she doesn’t follow any diet although treatment was going on.

She has no relatives, friends to share her feelings when she feels down in that large home and mentally got disturbed.

Although she was elected with huge support of people, mostly she spent her time in Ac Air conditioner) and rarely goes to outside meetings.

She uses to sit Most of the time and also she was fat by these slowly many diseases attacked.

And also she was suffering a lot from bronchitis (Acute bronchitis, caused by a respiratory infection such as a cold, often improves by itself.). Due to deficiency of Vitamin “D” (muscle weakness or muscle spasms) swelling formations occurred in the area of Legs.

SBI IS IMPLEMENTING A SECURITY FEATURE ON/OFF to ATM CARDS

To change the world allover to make cash less payments Central Government is making many advertisements. Bankers saying a Slogan MY CARD is MY PURSE   and also paying more attention to make good security to make our cards secured SBI introducing a Application named as "SBI QUICK APP" by using this we can keep our cards "ON/OFF" Position we can connect our CARDS with this app  and we can "ON/OFF" our cards when we want to make payment we need keep the App in ON Mode once after completing the payment work gently we can change the "ON" Mode position OFF mode then the card will not work. SBI announced that by Following this features our cards will be safe from cyber etc.  

500 and 1000 Rupees notes are back to us in other form!

Reserve Bank was crashing  all  These 8 Lakh Crores Banned Currency Notes   into powder  in the past all the Banned Notes are burned but now they are not burning. RBI Thiruvanthapuram Recycling and Manufacturing all this Lakhs of Crores Banned Currency Notes in to cardboards. 

This Manufacturing Process is doing By the Western India Private. Ltd Company which is in Kerala all this banned currency crashed in to tiny pieces using Crashing Machine. First all this crashed pieces were made in to Pulp to make cardboard. In 1962 (This Western India Private Ltd) Company was established to make cardboard's. This cardboard production needs more money but the Engineers who work in that industry designed new machines with low coast which can crash many notes at a time.

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.