Wednesday, 28 December 2016
HOW AN EFFECTIVE LOGO CAN BE A GAME CHANGER
the
soul cannot think without an image' – Aristotle.
“A
company’s logo is its shorthand, a visual cue that tells a story of
the brand’s culture, behavior, and values,” Matthews Hale.
Wednesday, 21 December 2016
PAYTM BIG PLAYER IN DIGITAL PAYMENT – E WALLET
Since
the government's decision of note ban came on November 8, digital
payment has taken an uplift with making all the possible options of
payment popular. Other than cash exchange, Payt. & Mobikwik both
has come up as the most convenient and promising digital payment
ways. Starting from small eating outlets to shopping zones, the
e-wallets are serving as the advantageous and convenient both to the
company and to consumers.
With
the current limit of Rs. 10000 in your e-wallet accounts one can
suitably either transfer the money with bar code scanning or by
entering the mobile no. of seller for your utilities. Digital Payment
players are all lauding the government for the demonetisation decision,
which in a way has been increasing high number of money transfer
through digital wallets.
The
time when the announcement of demonetization was done, Google's Play Store has registered 50 million downloads of the Paytm app. It is not the
convenience alone it offers, one also gets cashback on lot of
products and services. So it isn't just the digital payment you get,
it offers more than that.
Though
everybody is trying a way out to deal with demonetisation not to
forget that still, while paying through cards we at times are charge
2 to 3 percent extra for transactions. Moreover, there are still
millions of small vendors even in big cities who does not have a
Paytm account or does not know the usage of smartphones. Ironically,
even 4G connectivity is a challenge for us and with unexpected
increase in the usage of Digital Payment internet connectivity is not
lesser than a pain in head.
Nevertheless,
e-wallet companies are getting cashier and bigger than they might
have targeted.
Thursday, 15 December 2016
How Government is promoting Digital Payments - A Step to Digital India
Undoubtedly, the Indian public and bankers are facing hardship and also hampering the
current growth of Indian Economy but that will give a positive long-lasting effect. In the demonetisation crisis, a step towards
digital payments has been offering benefits to the country. With
mixed opinions of good and bad effects of demonetisation government
has come up with great plans on payment through net banking.
Here
below mentioned are the incentives provided by PM Narendra Modi for the Indian public:-
1.
Central Government Petroleum PSUs: A discount at the rate of 0.75% of
the sale price to consumers on the purchase of petrol or diesel if
payment is made through digital means.
2.
Digital Payment Infrastructure in Rural Areas: The Central Government
through NABARD will extend financial support to eligible banks for
deployment of 2 POS devices each in 1 Lakh villages.
3.
Rupay Kisan Cards: The Central Government through NABARD will also
support Rural Regional Banks and Cooperative Banks to issue “Rupay
Kisan Cards” to 4.32 Crore Kisan Credit Card holders to enable them
to make digital transactions at POS machines/Micro ATMs/ATMs.
4. Suburban Railways: A discount up to 0.5% is provided to the
customers for monthly or seasonal tickets from January 1 2017, if
payment is made through digital means.
5.
Indian Railways: All railway passengers buying online ticket shall be
given free accidental insurance cover of upto Rs. 10 Lakh.
6.
Services in Indian Railways: For paid services e.g. catering,
accommodation, retiring rooms etc. being offered by railways, will
provide a discount of 5%, if payments are made through digital means.
7.
Public sector insurance companies: They will provide discount or
credit, up to 10% of the premium in general insurance policies and 8%
in new life policies of Life Insurance Corporation sold through the
customer portals, in case payment is made through digital means.
8.
Transaction fee: The Central Government Departments and Central
Public Sector Undertakings will ensure that they will absorb the
transaction fee/MDR charges related to digital payment and consumer
should not be asked to bear it.
9.
Public Sector Banks: They are advised that merchant should not be
required to pay more than Rs. 100 per month as monthly rental for PoS
terminals/Micro ATMs/mobile POS from the merchants to bring small
merchant on board the digital payment eco system.
10.
Service Taxes: No service tax will be charged on digital transaction
charges/MDR for transactions upto Rs. 2000 per transaction.
11.
Toll Taxes: For the payment of toll at Toll Plazas on National
Highways using RFID card/Fast Tags, a discount of 10% will be
available to users in the year 2016-17.
In
short the benefits of using digital payments go well beyond the
convenience, if provide efficiently and effectively, they can
transform the lives of those who use this technology. This is one
type of infrastructure investment which can lead to sustained
economic growth and greater financial inclusion from citizens in
country.
Thursday, 8 December 2016
BOOST YOUR BUSINESS IN DEMONITIZATION JUST CLICK AND SWIPE
In
the current economic situation of the country nobody has been left
unaffected from demonetisation. Sharing mixed opinion of pros and
cons of the currency ban people are standing in long queues to either
get the money deposit or make a withdraw from the bank. Consumption
in India is majorly cash-driven, and for digital payments concept it
would require changes in consumer behaviour.
With
the increase in digital payment mode, in the coming years our economy
is expected to grow with a transparency in monetary transactions.
Government is considering the impact of this cash crunch for a
shorter duration but, there has been a big set back for all the
businesses in every sector. Like all Indians, Orange Global has also
welcomed the decision of digitalisation of all monetary transaction.
This blog will take you through the ways the set back on businesses
can be dealt with a possible solution of digital marketing:-
1.
Online Platform:- Purchasing, Selling or reviewing any product online
offers more confidence to a consumer in comparison to other mode. The
e commerce industry has seen an upsurge since the last decade making
every single seller to be present on the platform.
2.
No Big Capital Investment:- In this hour of cash crunch when people
stood in long queues first and now are struggling to earn money;
Digital Marketing comes as saviour. With basic investment of making
products online and using a payment gateway one can still keep
running the business.
3.
Take Advantage of the situation:- With all the money in bank and no
cash in hand, people are still making transactions online. This
method does not involve any give and take of hard money. Perhaps, the
giants of e commerce has a back seat in this case of cash on delivery
but the situation has still been advantageous for them.
4.
Requirement of the time:- “Hit the iron when it is hot”. Where
the focus is currently on making transactions transparent, it becomes
important to use digital options.
Substantially
online shoppers have impacted the over all retail businesses and had
given a wide scope of getting digital. The irresistible presentation
of a product and the ease of payment attracts more online buyers
resulting in increase of purchase through digital payment options.
Have a look at them:-
1.
Net Banking:- an online payment technique which changed the way
country used to shop, pay bills and many more. With a simple login to
net banking one can easily transfer money to any account in a day's
time. Why to carry cash now!
2.
Swipe Machines:- I remember, when debit cards were introduced it was
a haphazard situation with lots of question pouring in minds. What if
the card is lost, what if somebody else founds it? But all those
worry's are bygone now. Nothing can beat the ease of immediate money
transfer on a purchase.Truly a plastic money.
3.
E-Wallet:- It works as an online safe; like a bank locker! Create an
account, enter the bank account details once and pay to whomsoever
you want to. But be careful while handling E-Wallet, since it is
internet based with your bank account details if hacked! Say bye to
your money.
It
is call of the hour. Choose the best option for your business and get
it back with Digital Marketing options to grow.
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