Google introduce new Digital payment method based on UPI

In this era of Digital era Google has introduced a new payment apps. Please do not confused with wallet. This is not at all wallet . This is UP based Payment method. This apps  pay directly from your bank account, that means your money is safe with your bank and you’ll not going to lose intrest. Here user no need to open a separate account or worry about reloading wallets.
It uses your Google account to get registered. It provide two leyer security one for Google account PIN and another for UPI PIN. This Google PIN do not reside on your mobile apps. This Google PIN reside at Server end.
Tez uses UPI (Unified Payments Interface) and works with all major banks, including our partners: Axis, HDFC Bank, ICICI and State Bank of India. Tez makes it faster and more secure to pay on apps and websites – anywhere that UPI is accepted. When you check out, look for the Tez logo or use your Tez UPI ID.

Currently Tez supports all major Indian banks and  smartphones with KITKAT or Above .
It language support for English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu, sending money is easy to understand.

This apps also suits the Business need . Shop Owner can use the Tez app with their individual bank account to start accepting digital payments today. Payment goes directly to your bank account . There is no fees for such transaction .

The most intresting feature of this apps is its CASH mode . This mode enables you to send money without sharing your phone number/email id or any bank detial or any UPI detail. In this mode user need to enable cash mode in apps. As soon as user enable it the mobile phone generate a Utrasonic Audio QR code which is to be recived by reciver end. Here Reciver also need to enable cah mode to recive the fund. Once the reciver reciver get the audio QR code then sender and send the money.

Please note this not based on NFC technology and neither you require any specific feature enabled smartphone. All you need a smartphone with mic and speaker.

Please do visit Google Tez youtube channel to understand better.

Expectation in 2015 : A review of 2014 outcome :Technically,Financially,Utility,Government Plan,Policy

Year 2015 is now only a few hours away. In the New Year at the level of utility and technology are going to be many changes. Many new things are coming. They ease the difficulties of our life. Initiatives to reduce the discomfort and make life simpler is always ongoing process. Here I have tried to summarized some of happening of 2014 then will some way down the line help common people.Some of expectation may or may not get complete.

1) GAS connection

Until now it was: If you had to surrender the city replaced the old agency cylinder. Transfer voucher was made. He would give other city agency. There cylinder was again allotted.

Now it would be if the company is the same, the city does not need to change Haegi transfer. Empty cylinder will give new cylinder. 5 kg cylinder distributor get shorty. The larger cylinder should not be able to take the year 36 Shorty cylinder.

2) LED Bulb in Rs 10

The central government to control electricity demand in the Goverment will provide  Rs 400 LED  in just Rs 10

This project will get started in 37 million households in the three districts of Andhra Pradesh . Together with the center and state governments buy these bulbs give them to the public at subsidized prices

3) Smart Gadgets

– Intel is working on a laptop to wireless charging.
– 3D camera will come with a creative desktop. The screening will be a 3D object. It will be helpful in designing creative. The camera will measure the distance from the object.
 – Intel will bring software that will read the biometric sensor on-board. Giving thumb impression you can directly log on laptop and email.
– Windows will launch in May with -10 Cortana feature. Cortana’s Intelligent Personal Assistant. It will operate many things with your voice
-Camera maker Kodak will launch 4G Phone.
– Samsung smartphone will offer folding screen. The smartphone market trend will change.
– Apple,Lenovo and HTC will present its iWatch and  Smartphone. Many companies will bring new gadgets with such variation

4) Online Driving Licence 

Motor Vehicle Act to amend the country will end the current system of the RTO. Under the new system, the whole process of getting a driving license and a permit will be online. And the license will be test driving simulator. Will eliminate corruption and delay. Bring transparency.

   350 e-toll on National Highway
-All 350 e-toll on national highways will start. The government will save Rs 27 crore. 7 thousand crore in the line of vehicles belonging to the fuel left to burn. Payment will be toll from punch cards to save time.

5) Easy  Banking
Debit Card EMI: ICICI Bank has a beginning. Other banks are on track to do the same. So far, the amount of the credit card after the purchase was EMI option to convert.

Fund Transfer: Kotak Mahindra Bank has launched a Facebook-based fund transfer scheme. It is not necessary to send or receive money to the bank account holder. Other banks are going to start in the new year are Interbank Mobile Payments Service.

Secure Transaction: many banks engaged chip debit card holders in 2015 and aims to provide a credit card with photo. This will secure your transactions.

6) Wi-Railway Station
After the New Delhi railway station, 75 new cities will start Wi-Fi. This widens the 400 railway stations. The first 30 minutes will be free Wi-Fi. After 30 minutes will be charged Rs 25 and Rs 35 for 60 minutes.

– Delhi-Agra  High Speed Moving Track has been successfully tested in 2014 Express. It is the distance between Delhi and Agra holds 105 minutes. Now in 2015 this will hopefully get implemented.

7) Mobile Technology

800 Two-tier cities will be  4G facility having speed  between 16 and 18 Mbps. This speed will be three times higher than the 3G. 1.5 million new subscribers is expected join.

– As a result of broadband and 3G Internet rates will be cut from 30 to 40 per cent.

– Increasing demand for 4G-enabled smartphone. This 3G enabled phone can reduce prices by 30 per cent

-Mobile Number Portability  facility may get implemented for INTER CIRCLE by 31 March 2015.

8) Heath 
-The world’s largest health insurance scheme will be launched in India. Every citizen will feature

either a card making every hospital like Mediclaim free treatment will be provided. So far, 14 states have agreed to the plan.
-More generic medicines store will get open in district hospitals, stores will open at ESIC hospitals and railway stations.

Ebola vaccine
-African Countries killer disease Ebola vaccine will get started. GlaxoSmithKline is the clinical trials. The first vaccine will be available in African countries.

9) Smart City

Smart City will be the first case. However, Microsoft’s technical services provided to the public via a project that will scale.

10 ) Labour 

 -Mandatory deduction of 12 per cent from salary may be exempt from the electives. A bill drafted by the Ministry of Labour has taken. This will benefit those, who want full salary without any PF deducation every month.

– Universal for PF account number with the trust account after starting the transfer of non-trust PF institutions will also be online. In July of non-trust transfers in trust accounts has already begun.

-Minimum wages may rise to 15,000

11) Passport 
Passport will eight days instead of three days. Passport will be made in three days. If the address is
not changed if the police verification will not need renewal. E-Passport Service will begin a six-year delay. Everything will be online.

12) Election

  Voting: Indian embassies abroad can provide EVM machine. For  NRIs  for proxy voting will be provided.They  can assign any other person to cast their vote. Voting will also provide immediate visa to visit India
OCI & PIO card will now merge into single card from 7 January

Forget Long Queue of Recharge your Delhi metro smart card- Recharge it ONLINE

DMRC(DELHI METRO RAIL CORPORATION)  has started interesting initiative to recharge there smart cart ONLINE, since it will allow smartcard users to skip the long queues present at metro stations and thereby reduce the congestion at the ticket counters, This will sure help current system to get further simplified by removing the additional step of the commuter going to the AVM to complete the recharge process.

Under this  facility it allows commuters to top up their smart cards through credit and debit cards by visiting www.delhimetrorail.com  or www.dmrcsmartcard.com which will guide them through a recharge procedure.Currently i have noticed that only Credit card /Debit card recharge is available  Hope Internet banking service will be available soon

“DMRC has taken a very important step of providing more and more services to commuters,” said Delhi Metro Managing Director Mangu Singh, adding commuters can avoid queuing, top up in a leisurely manner and will not incur any extra fee to recharge online. “While ICICI Bank has provided the gateway, all debit and credit cards can be used online. Soon net banking facilities will also be available,” he said.

eRupee- Do online shopping without Credit card Debit card,Internet banking

erupee is an initiative of Ideacts Innovations, headquartered in Pune and provides one of the safest and easiest ways to shop online.This company has also one innovative product for cyber cafe management software(iCafe Manager)  It allows customers to buy from shopping portals without sharing financial information like credit/ debit cards or any other net banking details. Customers can buy vouchers of any denomination from designated erupee Points using cash. The vouchers can then be used on Infibeam.com within a period of 1 Year from the date of purchase. There are over 200+ erupee Points spread across Bangalore and Pune, with a national launch in 40 Cities, expected in March.

How can I buy a cash voucher powered by erupee? It’s simple, Visit an erupee point – you can use our erupee point locater to find one. Ask the outlet manager that you wish to purchase a cash voucher of a given e-Commerce website. Pay in cash. And the voucher will be sent to you via SMS and email within minutes. How do I use a cash voucher powered by erupee? It’s quite simple, Visit the e-Commerce website whose voucher you wish to use Select the products you wish to purchase and continue to the payment page. Here you will see a payment option called “Cash Voucher powered by erupee”. Select this option and continue to make the payment. You will now be asked to put your voucher number and pin to complete the transaction. If I cancel a flight ticket or bus ticket – how will I get my refund? When an order is cancelled, the merchant website informs erupee that a refund has to be given to the customer. When we receive the refund we will automatically inform you via SMS and Email. You can then collect your money from the erupee outlet from where you placed the order. Partners included as of now is very limited like REDBUS,Infibeam,Zapak,Quickheal,Rechargeitnow.com As of now since there is limited partner and it is in just two State that is Maharashtra and Karnataka so it need more time to spread across India and to gain more partner to accept this e-Rupee. The most disappointing feature is that user has to look for Voucher Retailer shop in their city. There should be option to buy online e-Rupee Voucher.From the user who don’t have DEBIT card or INTERNET banking they have good option to buy voucher by cash. Another feature that I did’nt liked that this voucher is having validity of 1 year.