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Messages - Kalyan
Why No Government Hospital ?
Cheques Transactions to be BAN soon in INDIA
Are you using cheque book for digital transactions.Make sure that you make alternative arrangements because the Narendra Modi Government may soon ban the usage of cheques in order to speed up the acceleration of digital transactions and move towards the less cash society.
Government officials have said that "the decision has already being taken and it would be announced in the next budget session". They have also said that the government has taken this decision after consulting experts and it would have the following benefits
# Digital Transactions
Currently, many high-end digital transactions are done through cash and cheques are used to withdraw cash.Govt feels that cheques are withdrawn more high-end transaction would be a shift to digital platforms such as IMPS, RTGS and NEFT. Although there is a ban on cash transaction above Rs 2 lakhs this doesn't apply to cheques as there is no limit on cash withdrawal using cheques.
# Reduction in pending cases
Currently, many cheque bounce cases are filed in courts and these take a long time to solve as these are civil cases and these are not filed in consumer courts and this adds backlog to the Judiciary. If cheques are abolished people would shift to the digital transaction and there are various platforms available to complain if a digital transaction fails and thereby reducing the judiciary backlog and they can concentrate on other important cases.
Bigg Boss Julie interview Troll
One interesting word in English
An Oxymoron is defined as a phrase in which two words of opposite meanings are brought together...
Here are some funny oxymorons :
* Clearly Misunderstood
* Exact Estimate
* Small Crowd
* Act Naturally
* Found Missing
* Fully Empty
* Pretty Ugly
* Seriously Funny
* Only Choice
* Original Copies
And people say the Mother of all Oxymorons is-
Super Political Singer | Spoof | Madras Central
BHIM App - Digital Payment Transactions via Finger Print - NO CARD/CASH
Prime Minister Narendra Modi on Friday launched a UPI (United Payments Interface) based app called BHIM, short for Bharat Interface for Money. The BHIM app is a straightforward UPI app, which would allow anyone to make simple digital payments directly from their bank account, and it is now available for download.
The BHIM app is supposed to support Aadhaar-based payments, where transactions will be possible with just a fingerprint impression, but that facility is yet to start.
The UPI-based BHIM app allows anyone to pay or receive money through online banking, unlike a wallet where you have to first load the money before you can use it.
"Be it a smartphone or feature phone of Rs 1,000-1,200, BHIM app can be used. There is no need to have Internet connectivity," says PM Modi. "One only needs a thumb. There was a time when an illiterate was called 'angutha chchap'. Now, time has changed. Your thumb is your bank now. It has become your identity now."
Let's take a closer look at everything you need to know about the BHIM app.
Also seeBHIM app explained in 10 points
What is BHIM app?
With the BHIM app, anyone can send or request money through the app to make a digital payment. The app is linked to your bank account, so you don't have to load money in it unlike a wallet, and a merchant does not have to worry about transferring the money back to their bank account.
How to download BHIMP app?
Download the BHIM app by the National Payments Corporation of India (NPCI) on Google Play to start using the free Android app.
How to download BHIM app for iPhone?
BHIM app is presently now available on Android and will come to iPhone 'soon'.
How exactly does the app work?
BHIM lets you choose your preferred bank, after it has verified your mobile number. You get an SMS, so it's best to use the same number as the one that's linked to the bank account. BHIM will ask you to set a 4-digit passcode. Pick something you won't forget easily because you'll need the code every time you open the app.
The app will then ask you to select your bank. If your account is UPI activated, it will reflect the relevant number. You'll see options to send and receive money, and transact via IFSC. If UPI is not activated, you can put in six digits of your debit card number, and the expiry date, after which the app will let you use it.
To send money, type in the mobile number or VPA address. BHIM will verify the payee. Type in the amount, and hit pay. If the payee doesn't have UPI, tap on the three dots above the send money option. The ACCOUNT + IFSC option will open up, where you can put in the details.
One problem currently is that you can access only one account per mobile number. So if your number is linked to two accounts, you will have to disable the selected one and go back to the bank selection option.
How do I use BHIM app?
After you download the BHIM app, you'll have to register your bank account through the app, and set a UPI PIN. Your mobile number is your payment address, and you can start transacting. Through the app, you can send or receive money to a phone number, check balance, or scan a QR code to make a payment without sharing a phone number.
Using the BHIM app, money can also be sent to non-UPI banks through IFSC, like you do with normal net banking.
Does the BHIM app work on feature phones?
Apart from the Android app, the interface behind the BHIM app can be accessed using USSD (Unstructured Supplementary Service Data) from feature phones - you will need to dial *99# to access it. With this method, an Internet connection will not be required to use the core functionality behind the BHIM app.
What banks support the BHIM app?
All the major banks are supported by the BHIM app - as long as the bank supports UPI, you will be able to access your money through the BHIM app.
The list of banks supported by the BHIM app is as follows:
Bank of Baroda
Bank of India
Bank of Maharashtra
Catholic Syrian Bank
Central Bank of India
Indian Overseas Bank
Karur Vysya Bank
Kotak Mahindra Bank
Oriental Bank of Commerce
Punjab National Bank
South Indian Bank
Standard Chartered Bank
State Bank of India
Union Bank of India
United Bank of India
What are the BHIM app transaction limits?
There is a maximum of Rs. 10,000 per transaction permitted, and Rs. 20,000 within 24 hours.
What's so special about BHIM then?
BHIM also has options to transfer via IFSC and MMID as well for non-UPI banks. It indicates the government has decided to go with one app that will enable digital payments via UPI. Of course, for BHIM to be of use to a majority of people, everyone must start accepting and activating UPI as a payment method.
As of now, iOS users are out of this system -- and Apple devices are used by affluent users who are often likely to do a lot of digital transactions. From an infrastructure point of view, there's a long way to go before BHIM becomes India's default payments app. The Internet is spotty or non-existent across vast swathes of the land. And the Aadhaar-based payments part for BHIM is yet to be rolled out fully