MORE CASHLESS TRANSACTIONS WILL IMPROVE THE FINANCIAL SECTORS OF INDIA !!!

“Under Atal Bihari Bajpayee, to improve the business and supply chain management

system at a national level, focus was more on constructing HIGHWAYS;

under Narendra Modi, due to demonetisation scheme,

black money holders are trying to whiten their black money by several WAYS.

To protect India from terrorism, fake notes and monetary corruptions;

it is not a bad policy to go for DEMONETISATION.

To get higher TRP ratings, it is not a good activity at all by

several media channels to create different types of negative SENSATION.

People of India elected Narendra Modi as the

Prime Minister to fight against CORRUPTION,

though, it is also true that the supply of new 500 rupee notes by RBI

are not taking place in a speedy MOTION.

At this juncture, fund transfers by cheque, NEFT, RTGS and IMPS

are not at all a bad SOLUTION.

Forget Debit Card or Credit Card, even one can withdraw, deposit or fund transfer from

several POS if Indian Government succeeds in Aadhaar Card Biometric IMPLEMENTATION.

Keep that much physical cash only with you which is actually required,

otherwise, go for Cashless TRANSACTION.

Never share your ID and Password with anyone and don’t get trapped in fake

mobile calls as no Bank Employee asks for ATM PIN Number or OTP at any CONDITION.

Always check the browser whether it is ‘https://’ or not before going for any

online fund transfer by using Internet Banking with proper AUTHENTICATION.

Like other developed countries, more cashless transactions will improve

the financial sectors of India to transform it into a developed NATION.” – Arindam Sain