Zero money in pockets? Don’t worry. Here’s your guide to go digital and survive.
- November 15, 2016
- Posted by: S S N Raju Penmetsa
- Category: Digital India
How to survive from demonetization effect:
To start with, a disclaimer. The demonetisation of India by the withdrawal of Rs.500 and Rs.1000 notes is a pretty good idea, but its execution is terrible. The government seems to have failed. He should know that over 50% Of Indians do not have a bank account and probably less than 20% 100 have a debit card. As India Today Tech wrote earlier, the country is not ready for the digital economy or cashless, although it must go towards a cashless one because it is so much better in every way.
With that, let’s talk about the scene of money and empty wallets. Not all, but many people in the urban centers of India can easily survive without cash for a few days. You do not need to panic. You do not need to rush to an ATM or bank. If you have a smartphone and a valid debit card and work, and have money in the bank account, you can do everything well. This means for most employees with a smartphone, the cashless situation is manageable. Here’s how you can do it:
Take care of local travel:
If you already have a car, then it is all good for you. You can easily get gasoline / diesel using a debit / credit card. Or if you have this “useless”(not having value in public) Rs.1000 or Rs.500 notes lying around, you can still use them until the end of today.
You do not have a car:
In this case, use your smartphone. Download an app like Uber or Ola and then use a taxi to travel. These are actually fairly affordable. If used in the pool or sharing, they cost less than what a car will cost for the same trip. In Ola, you can set up the Ola Money and reload it using a debit card. In Uber, you can use Paytm. The method is the same; you can transfer money into the Paytm account by using a debit or credit card. Also, what about smaller distances? You can get an Uber or Ola for even 500 meters. Although, if you can, the best would be to simply walk. We in Indian cities anyway do not walk as much as we should.
Get an e-Wallet Account:
Paytm is the most popular because it is accepted in more places than others. Although it is not absolutely necessary, it is wise to have the Paytm application on your phone. Nowadays, many small shops that do not have card machines accept Paytm.
Use your debit card:
You already have money. It’s in your bank account. Just use your card. You can buy almost anything nowadays using the map in urban centers. If you want fancy stuff for your shopping, you can use your card at Modern and Big Bazaars. If you want more regular stuff, shops like Metro, D-Mart and Reliance Fresh stores accept all cards. Most chemists accept cards these days and so make the fast food joints.
Paying bills online:
Almost all bills for utilities can now be paid online. Even payment for many government services such as passport fees can be done online. For so many things – from the electricity bill to the phone bill – for which you can end up in a queue, you can just go online and pay the bills. Again, we have to add, that does not mean it works for everyone. But it works well for people with a debit card in Indian urban centers. It is just that many of these people, for whatever reason, still prefer cash.
What’s true for paying bills is also true for most purchases you may need to make. You can order food online using applications like Faasos and Swiggy from almost any restaurant. By using websites like BigBasket you can order groceries and vegetables for use at home. Now, it is possible that many of these services do not deliver in your area. But in this case you can always walk up your nearby market and get what you want from a moderately sized grocery store that accepts cards.
Finally, we have these ways to Pay Online by Internet banking, Debit card, Credit card, Paytm, Paypal, PayU and few more. If Don’t have any of these, it’s too late and go for any of these. “Go through these and Move Digital”.