Monday, August 22, 2016

Digital Wallet for New Town

Last Saturday, the Hidco Board approved the proposal for getting into an MoU with PayTM, one of the the lead digital Wallet provider in India. Its facility will enable users to pay for Eco Park/ Mother's Wax Museum/ Movies at Nazrul Tirtha, Cafe Ekante etc through digital means. This will not only eliminate the problem of change, issues of dealing with cash (accounting and safe transport every day to banks) and convenience. Indeed, this is part of a larger architecture of encouraging Indian citizens to reduce dependence on cash so as to avoid issues relating to fake notes by ISI etc agencies from Pakistan etc. In addition, users would also get bonus PayTM money from special schemes when these are launched by PayTM. With this, a movie goer to Nazrul Tirtha of a theatre lover to Rabindra Tirtha (on Sundays) would have the options of paying by PayTM, Credit / Debit Card, online through BookMyShow and of course also by cash.

Giving choices to the citizen, to maximise her convenience.
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Clippings:
HT page 1 dated 22 Aug 2016

Ei Samay dt 22 August 2016

Aajkal dt 22 August 2016

Khabar 365 dt 22 Aug 2016

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