E-Wallets are better than Cash

Digital payment in India can fetch rewards

It’s becoming a digital world and RuPay cards and Unified Payments Interface could soon fetch you prizes from the government. If you use them to pay for your acquires instead of pulling out that such amount from your wallet.

Well, In order to encourage cashless transactions in the country, NITI Aayog has roped in National Payments Corporation of India to come up with a new scheme to encourge digital payments.

Under the programme, each and every mode of digital payments -USSD *99# banking through mobiles, UPI, RuPay cards and almost every Aadhaar Enabled Payment System – can be there really soon.

For businesses, transactions which will be there on the point of sale machines installed at their locality. That will be considerable. When it’s come to this scheme, this is based on lower middle class and small trades.

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