Chandigarh : Where on one hand, due to demonetization, government is resorting to cash less transactions, there UT’s seven key departments sans such facility. People are still forced to deposit on cash counters instead of paying online or with spot-on-machines through debit or credit cards.
UT is mulling to introduce Unified Payment Interface System App (UPI) through which people can make the cash transactions from their mobile phones and also can pay online.
Seven such departments of the UT Administration are Chandigarh Housing Board (CHB), State Transport Authority (STA), Chandigarh Pollution Control Committee (CPCC), Estate Office, Health Department, Chandigarh Transport Undertaking (CTU) and Registering and Licensing Authority (RLA).
But UT is yet to introduce the system in seven key departments despite of the fact that demonetization has already brought in the cash crunch in the markets. With the seizure of the Rs 500 and Rs 1000 denomination notes public is finding it difficult to make arrangements for depositing cash at the counters.
However the departments like Electricity, Water, BSNL and Property tax have already started accepting the money online.
Through this UPI App one can make the cashless payments using their mobile phones. This app can be downloaded from Google App Store and will be attached with the mobile phone number. There is no need to use debit cards or credit cards and nor it will be linked through the bank account.
The entire payments made will be via mobile prone service provider and payback can be made through mobile recharge of mobile bill payment.
This app was launched by National Payment Corporation of India which will be attached with various departments.
Unified Payments Interface (UPI) is a system that powers multiple bank accounts (of participating banks), several banking services features like fund transfer (P2P), and merchant payments in a single mobile application.
UPI was launched by National Payments Corporation of India with Reserve Bank of India’s (RBI) vision of migrating towards a ‘less-cash’ and more digital
UPI has built on the Immediate Payment Service (IMPS) platform.
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