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An appeal to ONDC Mobility Team and Yaary - Activate Metro Day Passes too

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Revolutionizing Metro Travel: ONDC Mobility, Yaary, Metro Day Pass Appeal Let me start off with a Disclaimer: I am in no way related to ONDC or Yaary. The bottom line is Safe ePayments. Digital Ticketing in Metro Trains offers multiple opportunities for Safe ePayments.   ONDC Mobility, spearheaded by Mr. Nitin Nair under the guidance of ONDC CEO Mr. T. Koshy, is at the forefront of revolutionizing mobility journeys on the ONDC platform. With successful onboarding experiences witnessed with Chennai Metro and Kochi Metro, the integral role played by Yaary as the technical integrator for these metros cannot be overstated.   As we glance across India, it's evident that numerous cities are gearing up with their own Metro Networks. The presence of metros is already felt in major cities, promising the spread of the joy of metro travel across the nation in the coming years. However, to embark on a metro journey, one fundamental requirement remains non-negotiable: the Ride Access Token, av

Ayyo, missed tagging CRED @ NPCI Circular @ UPI __ 3 New features for CREDit Accounts

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  With reference to my earlier blog post, highlighting 3 New features for UPI CRED it accounts, forgot to tag CRED !!! Link to my earlier blog estate is @ https://prashantnepayments.blogspot.com/2024/04/npci-circular-upi-members-introduction.html   In a way, CRED will be the forerunner to introduce at least a couple of new features.   In the rapidly evolving landscape of digital payments, staying abreast of innovative features is key to enhancing user experiences. Recently, I highlighted three exciting new features for UPI CRED it accounts, shedding light on how these advancements could potentially align with the capabilities of the CRED UPI App. Let's explore why the CRED UPI App might be at the forefront of rolling out these transformative features.   **3 New Features for UPI CRED it Accounts** Before delving into why CRED could lead the charge, let's revisit the three features poised to revolutionize UPI CRED it transactions:   **1. EMI Facilit

A Financial Revolution: INR 11 Surcharge on Cash Transactions from Tomorrow

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  Dear innovators of the financial landscape,   As we stand on the brink of tomorrow, a profound shift awaits us in the way we conduct financial transactions. Prepare yourselves for the implementation of a modest surcharge of INR 11 on every cash transaction processed through banking channels. Before you dismiss this as a mere April Fools' prank, let me assure you – this is a strategic initiative aimed at catalyzing the transition towards digital transactions and strengthening our economic infrastructure.   Effective from tomorrow onward, every cash transaction conducted through banking channels will incur a nominal surcharge of INR 11. However, here's the twist – this surcharge won't simply disappear into oblivion. Instead, it will be meticulously pooled into a lottery fund, where rewards await those who embrace the digital realm of transactions.   But the significance of this initiative extends beyond mere transactions; it's about empowerment.

Empowering India: RBI's Visionary Mission "Har Payment Digital"

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Empowering India: RBI's Mission Har Payment Digital Sparks Nationwide Optimism The volumes of digital payments vs non-digital payments is on the increase, but we have to still to go a long way in the journey of "Har Payment Digital" My vote is for ‘LessCash Payments’ and not ‘CashLess Payments;   In a resounding affirmation of India's digital trajectory, the Reserve Bank of India (RBI) made a landmark announcement on March 6, 2023. With great enthusiasm, the RBI unveiled Mission "Har Payment Digital," signaling a transformative leap towards a vibrant and inclusive digital economy. A Digital Renaissance: RBI's Visionary Mission Har Payment Digital Ignites Hope Across India The launch coincided with the inauguration of Digital Payments Awareness Week (DPAW) 2023, a momentous occasion aimed at igniting a nationwide dialogue on the profound benefits of embracing digital payment solutions. At the helm of this endeavor, the Governor of the Re

SBI eHundi Urgently Needed in Ayodhya: Streamlining Donations for Shri Ram Temple's Glorious Future

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  Ayodhya's Call for Modernity: Activating SBI eHundi for the Ram Temple   In the sacred city of Ayodhya, where devotion knows no bounds, the recent surge in donations to the Shri Ram temple has illuminated the pressing need for modernized donation management systems.  With an influx of offerings ranging from cash to precious metals, the necessity for a seamless and secure donation channel has become undeniable. In response to this urgent requirement, there's a resounding call for the activation of State Bank of India's (SBI) eHundi service in Ayodhya. Streamlining Devotion: SBI eHundi for Ayodhya's Ram Temple The urgency of this call stems from recent reports detailing the overwhelming cash donations pouring into the temple, totaling an impressive ₹25 crore within just a month. These contributions, including substantial amounts of gold and silver, alongside cheques and drafts, stand as testaments to the unwavering devotion and reverence of countless dev

Waiting for the Chosen Few: SEBI's T+0 Settlement Beta Launch and the Quest for the Lucky Scrips and Stockbrokers

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  The Countdown Begins: Waiting for the Chosen Few in SEBI's T+0 Settlement Beta Launch In the fast-paced world of finance, innovation is key to staying ahead of the curve. India's regulatory bodies, including SEBI (Securities and Exchange Board of India), have consistently demonstrated a commitment to enhancing customer experience and market efficiency. One such initiative that has captured the attention of investors and stakeholders alike is SEBI 's T+0 Settlement for Shares. Anticipation Builds: Who Will Make the Cut in SEBI's T+0 Settlement Beta Launch? The journey towards zero-day settlement began with SEBI 's release of a consultation paper in December 2023. Now, with the recent announcement in the 204th Board Meeting, the stage is set for a beta launch involving a select group of 25 scrips and a limited number of stockbrokers. This raises the question: who will be the fortunate few chosen for this groundbreaking initiative?   Prospective