sundermumbai

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sunderblogger: sunderblogger.blogspot.digiedu4all: Subject: Single UPI Platform for all bank A single UPI platform is being developed for all banks as against the existing sytem of individ...

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Subject: Single UPI Platform for all bank A single UPI platform is being developed for all banks as against the existing sytem of individual platform. the new payment method, mobile phones will be used as virtual debit cards and a customer will be able to send or receive money instantly along wih other features. It has been observed that more and more people have started using e-payment means including digital wallets for making payments for various transactions. There are about 4 40,00,00,000 smartphones while e-wallets have risen to 23,00,00,000. Sunder Thadani.20161205.

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sunderblogger: sunderblogger.blogspot.digiedu4all: Subject: Aadhaar number to replace PIN, password very soon India4u: Very soon, The Aadhaar number is all set to become an alternative for...

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Subject: Aadhaar number to replace PIN, password very soon India4u: Very soon, The Aadhaar number is all set to become an alternative for all online and card transactions which require password and PIN as the Unique Identification Authority of India (UIDAI) is developing a mobile app that can be used by shopkeepers, merchants or individuals for receiving payments. This move is part of the drive, anchored by Niti Aayog, to make India a cashless economy after the government scrapped high-value currency notes on November 08, 2016. The working of the system is simple. Online transaction can be executed between two people having bank accounts linked with Aadhaar by just feeding the 12 digit unique identification number in the mobile set equipped with the Aadhaar-enabled app which will be used for authenticating biometrics-fingerprints or eyes of person making payment. Aadhaar-enabled transactions are car-less and PIN-less. So folks wait and watch India as cashless society. Sunder Thadani. 20161202.

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sunderblogger: sunderblogger.blogspot.digiedu4all: Subject: Mumbai4u. Cashless - B.E.S.T (Local public bus transport system). The BEST is encouraging its 30 lakh bus commuters and 10.5 lakh...

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Subject: Mumbai4u. Cashless - B.E.S.T (Local public bus transport system). The BEST is encouraging its 30 lakh bus commuters and 10.5 lakh electricity consumers to go in for "cashless" paymnets from December 10-- when it will launch a host of e-payment options, a mobile ticketing service, two mobile apps and a facility for credit card payments at some of its Point of Sale (PoS) outlets across the city. In the wake of demonetization and efforts taken by the government to promote digital transactions, this action is taken. Those who take the bus may download the Ridir, BEST bus ticketing app from Google playstore. step.1 Create a new wallet account step.2 In the bus, open app and specialty From (Origin) and to (Destination). The app will pair with handheld ticket issuing machine of the the conductor through Wifi and generate a actual fare. Once fare is displayed and you have chosen to pay it by clicking a key, app will generate token number. step.3 This number will be used by conductor to generate a ticket on-the-spot. The token number is confirmation you have bought the ticket; the the conductor will punch the number and print it for you. Hope you found the information useful. Kindly forward this to your friends to create awareness on "DigiEdu4all" Sunder Thadani. 20161202.

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Subject: Digital Dabbawalas (Mumbai`s lunch tiffin carriers).It is more than a decade since the world realised that Mumbai`s lunch-dabba system is an act of urban genius. Now the dabbawalas are also offering click-based services at your doorsteps. This is the most indigenous food delivery system in the world. The Forbes magazine gave the lunchbox delivery men a Six Sigma performance rating or a 99.999999 percent of precision, which means they make one error in 16 million deliveries! Since last 125 years, there has not been a single instance of a lunchbox that has been delivered to its destination. Around 5,000 dabbawalas travel over 60 to 70 kms daily to delivery over 2,00,000 lunchboxes across Mumbai. Sunder Thadani. 20161129.

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India is gradually switching to digital modes of financial transactions. It is now reaching the grassroots. You can call it New-Age Solutions. After demonetisation of currency notes of Rs. 1000, and Rs. 500, people are switching over to digital methods, and the transactions are reaching grassroots. Soon India will become cashless society as per P.M. Modi`s dream. India welcomes digital economy and cashless transactions! India has entered into a new zone where more and more people are considering the benefits of mobile apps and tablets; creating paperless banks; adopting digitalisation of processes and products. The technology is increasingly penetrating the bottom of the demographic pyramid and that promises a cashless future. There are may advantages of the change from cash to digital transaction. 1. It can help banks to improve their services and product offerings. 2. Provide 24/7 bank services and availability through mobile, PC, or kiosk branch. 3. Smart banking applications allows all transactions to be completed from the device of one's choice, from beginning to end. The fact that more and more Indians are today relying on artificial intelligence of digital banking and moving to cashless transactions. The message is reaching to the bottom of the demographic pyramid. Sunder Thadani. 20161129.

Send Money, Recharge Mobile, Pay Bills Instantly Using Oxigen Wallet

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sunderblogger: sunderblogger.blogspot.digiedu4all: Good News is that Goa is going to be 1st cashless state in India. One can buy even fish, meat, vegetables and other items of daily need at...

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Good News is that Goa is going to be 1st cashless state in India. One can buy even fish, meat, vegetables and other items of daily need at a press of a button on their mobiles. The vender will register his name with the bank and will get MI code. The customer just need to dial the designated number (*99#) punch in account details and the amount that needs to be transferred to the vender and enter the code to complete the transaction. https://digiedu4all4all.wordpress.com - Regards.Sunder Thadani.20161127.

currency ban in India

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sunderblogger: sunderblogger.blogspot.digiedu: DigiEdu, a unit of Sunder Foundation for Fee Free Online Digital Education for all, Anytime, Anywhere. Mobilise Mobile Money Infrastruc...

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DigiEdu, a unit of Sunder Foundation for Fee Free Online Digital Education for all, Anytime, Anywhere. Mobilise Mobile Money Infrastructure Recent Currency ban by India for rs. 500 and Rs. 1000 currency notes -November 08, 2016. Get volunteers to educate rural Indians: Rural India is particularly hard hit by the scarcity of currency notes induced by the government`s demonetisation scheme. Most people transact almost exclusively in cash, bank branches are few and far between and newly minted notes ven their way to rural branches very slowly. People struggle to make payments, except when some unethical entrepreneurs offer to accept old notes at a discount of anything up to 30%. It is high time government to devise means to put to use the mobile payment infrastructure that the banking system has built up around the electronic backbone provided by the National Payment Corporation of India. Even without smartphones, people can send the money in their bank accounts,if they sign up for mobile banking, to other people with bank accounts, using a communication protocol called Unstructured Supplementary Service Data, which enables a t wo-say connection between the consumer`s phone and the telecom service provider's computers. About 50 banks are on this platform. The remitter must acquire a seven-digit Mobile Money Identifier (MMID) and a mobile Personal Identification Number. Some details on the payee are also needed, naturally: his phone number and MMID, his account and IFSC Code or just his Aadhaar number; Mobile wallets operated by telecom service providers, such as Airtel Money, can simplify matters further. And things will get even simpler when telcos that have obtained payment bank licences launch their operations. all hurdles in their path must be cleared. To get rural folk to use mobile banking will call for some extensive education. Necessity is a great teacher. That said, it would be useful if political parties and their associated youth and other organisations act as volunteers who guide people on the use of mobile banking. This will not remove all the strain arising from the disappearing of cash. But it would ease the pain for many. This issued for the public information for the members of sundercircle. Sunder Thadani. 20161122.

sundermumbai

mumbai4u

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Indian electric vehicle draws world attention. An Indian delivery person in Bangalore recently test drove an electric bicycle. His deliveries doubled with minimum effort. Started by two brothers Raja and Rahul Gayam, in 2010 BMW's first electric vehicle was an auto-rickshaw. Priced around Rs. 45,000, the bicycle augments a rider`s ability to travel longer and faster. With fully charged battery, the bicycle can run up to 60 km. Once purchased, the rider spends about Rs. 4 per 60 km with practically zero maintenance. Sunder Thadani - 20161118.

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