The digital payments are very secure, since there is two-step authentication with card and PIN in case of cards, and number and OTP in case of other digital payments. All these modes have been tested and certified by RBI. There are however, some instances of internet fraud, but such instances are very few. In fact, there are more number of thefts of physical currency than of any internet fraud. We may suggest the users not to disclose or share his passwords, or succumb to any invitation to click on links received from unknown sources.
A student can enrol as a volunteer for VISAKA even during vacation time. After enrolling he can convince his household members to adopt digital payment modes and help in training 10 households. He can upload the results or feedback of his efforts on to the website , including photographs.
The Government has announced the Digi Dhan Yojana under which concessions have been announced for traders for adopting the digital payments. The Government will be announcing several incentives for payments made through digital means like discount on fuel purchase, concessions in Railway ticket purchase, Railways services like catering etc. Free railway accidental insurance, benefits for traders using digital means like PoS machines, discount on insurance policy payments etc.
For college students making payments in shops, canteens etc in the campus, the ideal means of digital payments are e-wallets, USSD, prepaid cards and debit cards that can be swiped in PoS machines.
The entire campaign is to utilise the outreach and enthusiasm of the student community and hence the website has been designed so. Teachers and staff have a facilitating role which has been elaborated in the presentation and in the campaign details.
In a market scenario we cannot restrict e-wallet services licensed by RBI if they satisfy the requirements. The customers can use the eWallet of their choice.
The Web page contents are dynamic and likely to keep changing. Feedback of all kinds will be taken into account in building up content and making it viewer friendly.
As per the guidelines of the National Payments Corporation of India, in case of loss due to fraudulent transactions where the holder of the bank account or card is not at fault, it is the responsibility of the Bank to refund the lost amount.
The Department of Posts is in the process of operationalising the Payment Banking licence granted to it, byt systematically linking post offices with the core banking system.
This can be undertaken or considered after this VISAKA campaign through the universities and colleges is completed.
Instructions have been issued to all Universities, Colleges and Autonomous Institutions to convert into cashless campuses. A complaint slot will be inserted on the website of all institutions for people to lodge complaints in this aspect.
Efforts are being made in this regard.
Yes. The NPCI is attending to improving this system.
In this phase of the campaign the Ministry if HRD is concentrating on the 500 major cities and towns where maximum volume of cash is being used. Eventually the effort will spread to the villages too and there are other Ministries of the Government also involved in the task.
The Ministry of Finance has announced a set of incentives for both users and payers in digital mode.