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Soon ‘Call To Pay’ technology to deal with smartphones dependency

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Digital India, Call to Pay, Government of India, Smartphones, Debit cards, Credit cards, Internet, Online payments, New Technology, Business news

New Delhi: After government’s Digital India’s plan people have become more dependent their smartphones and in this regards to decrease this dependency the government is planning to launch new technology Call To Pay’.

 

 

People have become more and more dependent now days on their smartphones since the Government has rolled out Digital India’s plan and with the aim to tackle this issue a new ‘Call To Pay’ technology has been planned by the Government of India.

 

 

Under this technique people will did not need to be dependent on debit-credit cards, internet or smartphones to make payments. Now, let us tell you that the government is making a ‘Call To Pay’ technology lane which is under development process.

 

 

With this technology, consumers will be able to make online payments from their ordinary phones as this will not require dependence on the Internet or they did not require internet connection.

 

To reduce smartphones dependency, government to introduce ‘Call To Pay’ technology:

 

Officials from the Ministry of Electronics and Information Technology said that after six months the trial of this lane technology will be started in some districts of the country and if this got success than this facility will be available in the country from next year.

 

 

On other hand, the National Payments Corporation of India (NPCI), this scheme and its technique is under development stage.

 

 

However, the ongoing research on this technique is in the final stage. How this technology will work and how it can be used, it is not yet known.

 

 

Information will be available in detail on this system when the technology is introduced. However, the Ministry has not yet told that it will be trialed with which state and the bank. Currently, its security system is under investigation.

 

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Covid 19 caused 78% MSMEs & startups in India to reduce workforce in the last 8 months: Survey

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Seventy-eight per cent MSMEs and startups in India have reduced workforce in the last 8 months since the Covid-19 pandemic broke out.
As per a survey by LocalCircles, only 22 per cent startups and MSMEs have the same or increased workforce as compared to the pre-Covid levels.

India’s startups and MSMEs ecosystem went through a torrid time due to the Covid-19 pandemic and the following lockdown. With revenues and operations getting impacted for most businesses, many end up cutting costs and some even shut down temporarily or permanently. Per CMIE, 6 million Indians had already lost white collar jobs in the March – August period.
LocalCircles conducted a survey to understand the startup and MSME pulse on their workforce adjustments due to Covid. The survey received over 7,000 responses from startups, MSMEs and entrepreneurs spread across 104 top business districts of the country.

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