E TRANSACTION
Just think that a 100 rupee note is circulated 1,00,000 times it will have the same value no body get any commission.but if it is circulated through cashless way each transaction fetches 2.5% commission that means 1,00,000 times 2.5% = 2500% i.e. Rs. 2,50,000 (Rs. Two Lakhs fifty thousand Rupees) to service providers like Paytm or Jio Money etc. Just for hundred rupees. So, it's a perpetual golden egg laying to financial gang..... more
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I have personal experience, when I carry cash tends to be a spend thrift. It is good marriage expenses are drastically, reduced spending on sundries. Laborers tend to drink with daily wages than take money home/ put in Bank. more
Dec 23
This is in response to Ammar Sulaimani's comment about Paytm being hacked.....well, even physical houses are burgled....banks and ATMs are broken in and looted....bank websites have been hacked into and debit card details were stolen....when we go on road, in a bus or train etc...our pockets may be picked....chain snatching is not unheard of.....same way any website can be hacked.....one has to live with these dangers..... one could go in for some insurance to cover these if the individual service provider does not provide.....or use these wallets for small transactions so that the risk is less.... more
Dec 22
Life itself is a problem. Some problems get solved easily in no time, but some problems are really or may be chronic which will take longer time for complete solution. Only required is PATIENCE. No short cuts. more
Dec 22
Just a came to know that Paytm was hacked. If such is the case then what is the security of our e-Wallet. more
Dec 22
It is the question of time & patience. Seventy years habits Will hardly die in a day, week, month or year. Even in these seventy years honest to some extent also become dishonest because they lost patience and faith and trust they had with everyday increasing corruption and black money and those preaching Honesty had become Idiots. Now we should not lose Hope and back PM with full Faith and Trust. more
Dec 22
