dream india digital india

                               The dream of our Nation... to become Digital India.



 The Benefits of Digital India :-

Corruption less

Paper less

Pressure less

Time Saving

Risk less

Cash less

Corruption Less : Corruption os one of the major issue that affects India's Economy of Central. A study Conducted by Transparency International in 2005 recorded that more than 92% of Indians had at somepoint or another paid  bribes to the public officials to get their job fulfill. As per Transparency International 2017 survey India ranks 81st place out of 180 countries. The Media has widely published Millions of  black money has been deposited in Swiss banks by the Corrupt Indians. Our Governments has promised to bring all the black money from Swiss banks in the Election Manifesto.


 Paper Less: It is designed to help individuals, workgroups and large enterprises to manage their documents stored in electronic form, provides a means to safely store, easily locate and retrieve, and exercise control over documents.It can be accessed from any device securely and check for documents at any place.

Documents can be sent by scan & email, upload on website, send through smart phone app.


Cash Less: Cash less Describes an electronic state where by financial transactions are not conducted with physical cash or coins. Under the guidelines of Reserve Bank of India RBI National Payments Corporation Of India NPCI  has invented many mediums to conduct cash less transactions which can change the face of Indian Economy status.

UPI : UNIFIED PAYMENTS INTERFACE

 

USSD:  Unstructured Supplementary Service Data 

These transactions can carry through basic mobile phone by just Dialing *99#
e-Wallets:

A digital wallet refers to an electronic device that allows an individual to make electronic transactions. This can include purchasing items on-line with a computer or using a smartphone to purchase something at a store. An individual's bank account can also be linked to the digital wallet.


AEPS: Aadhar Enabled Payment System

AEPS is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the Aadhaar authentication.
How to get it:
  • Provide KYC (Know Your Customer) information to open a new account
  • Aadhaar Number should be linked with bank a/c
Service Activation:
  • None
  • 1-2 minutes post Aadhaar seeding
What is required for Transaction:
  • MicroATM
  • Remember Aadhaar
  • Give Bank name
  • Present self (Aadhaar holder) with Bio-metrics (Finger and/or IRIS)
  • Assisted mode
Transaction Cost:
  • NIL to customer
  • Merchant or BC may get charged or paid based on bank‘s discretion
Disclaimer: The transaction costs are based on available information and may vary based on banks.
Services Offered:
  • Balance Enquiry
  • Cash Withdrawal
  • Cash Deposit
  • Aadhaar to Aadhaar funds transfer
  • Payment Transactions (C2B, C2G Transactions)
Funds Transfer limit:
  • Banks define limit. No limit for RBI.
Disclaimer: The funds transfer limits are based on available information and may vary based on banks.
POS Point Of Sale:
Point of sale (POS) system is the spot where your customer makes the payment for goods or services that are offered by your company.
Point of sale systems are systems that enable the business transaction between the client and the company to be completed. POS system is a computerized network that consists of the main computer linked with several checkout terminals and supported by different hardware features starting from barcode scanners and ending with card payment terminals.
As businesses have different profiles they need a various point of sale systems as well. For example, restaurants, retail businesses, and grocery stores all have their specialties and that is why they need a POS system that meets their specific needs.
A food store requires a scale at the point of sale and a cafe needs to have an opportunity to customize menus in case of special offers.
But in general, there are two primary types of businesses that need the point of sales system. These are retail companies and hospitality businesses such as restaurants and hotels. That also means that there are mainly two suitable POS systems one for retail and the other for restaurant businesses.

Why Is POS System Useful?

Using the POS system can have a positive effect on your business.

It allows you to have better control over your business operations. With a POS system, you know exactly which products you have sold on daily or monthly bases, how many products are in the warehouse or how much money you have made.

It allows doing better analytical thinking and planning.

For example, POS system makes it easier to keep track of your inventory, to notice and analyze movements and tendencies in sales processes, to analyze your sales reports and other data in order to predict more precisely future trend and your company’s requirements.

It allows you to increase your business efficiency.

POS system makes the managing of your company’s paperwork more time-saving. Managing bills and orders, sales figures or reports is made very convenient. Besides the office environment POS system also increases the efficiency of the everyday sales environment thanks to different POS features such as barcode scanners or credit card terminals

 

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