Digital Awareness Program @ Zilla Parishad Rural 10-01-2017

Benefits of Demonetization Black Money tracking This move will help the government to track unaccounted black money or cash on which income tax has not been paid. Reduction in illegal activity Banning high-value currency will halt  illegal activity as the cash provided for such activities has no value now. Tax payment Most of the businessmen who have been hiding unaccounted income are ready to pay advance tax as current year's income. Tax payers who have been hiding income can come forward to declare income and pay tax on the same.

How can Digitization help us ? Click here for the video

Digitization – Products Available e-Wallets/ (Buddy, PayTM) Unified Payments Interface (BHIM) Debit / Credit Cards Green Channel Counter Mobile Banking (USSD, NUUP, SMS Banking) Prepaid Cards Aadhar Enabled Payment System(AEPS) Internet Banking(INB)

Digitization – Products e-Wallets/ (Buddy, PayTM) An e-wallet is just a money purse in which you put the cash required for your use but here the money is in the form of electronic cash.Bank account details need not used every time. Unified Payments Interface (BHIM) UPI is a payment system that allows you to transfer money between any two parties.

Digitization – Products Mobile Banking (USSD, NUUP, SMS Banking) Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device . It can be done in various modes like Application, SMS banking, USSD and is available on a 24-hour basis. Facilities include obtaining account balances and lists of latest transactions, electronic bill payments, and funds transfers between a customer's or another's accounts. Aadhar Enabled Payment System(AEPS) Transactions through Biometric Authentication without the hassels of remembering the password.

Security Don't talk to cyber-strangers, and don't click on hyperlinks within emails from strangers. Don’t share passwords/ PINs/ User Names/ OTP Do not use unprotected systems/ cyber café/ free WI FI at public places. Ensure the URL in your browser address bar begins with "https". The address or status bar displays the padlock symbol.