BHOPAL: The cashless economy and internet banking is being preached and adopted by many to keep up with the changing economical conditions. Demonetisation has led the country to move towards online payments and Bhopal is no less than any part of the country to follow the trend but it is just internet banking that has gained popularity.
The government is propagating prepaid wallet, mobile banking, UPI (unified payments interface, where a single mobile application will handle multiple bank accounts) and aadhar enabled payment system but the
youth of Bhopal considers using e-banking, especially payments through apps much more convenient and easy.
Deepak Motwani, 27
“I am working on a startup and definitely I will have to look after what these facilities will do for me. As of now I am using e-banking. Mobile banking just gives you two three options and it also takes a lot of effort of sending resending SMSs, which are chargeable. I feel it is very tedious and also a single mistake of number can transfer you amount to some another account. So I don’t prefer this. In e-banking there are numerous options of verifying, if we are sending it to the right person or not. Personally, I haven’t even used mobile banking. UPI looks a good option though”, said Deepak who is a budding entrepreneur.
Vinay Meena, 26
Meena is a model by profession and has been using applications since he got android phone. He says, “Paying through apps is easy and you also get cash backs which can be used later also. In case of mobile banking, the options are very limited for example we cannot make purchases through it and avail discounts and I already have wallet with paytm.” He also added that he has now started making almost 50-60 per cent of payments online in his day to day life.
Parul Gupta, 26
Gupta runs her own saloon at Bittan Market and she says she is not sure about using mobile banking, prepaid bank wallets and aadhar enabled banking is basically of no use for her. “The government websites are very bad in terms of providing a good user experience. You just keep roaming from page to page for enabling a single process. Applications are much easier to use and I also get added benefits through these apps. Of course every system has its own pros and cons, so does these apps”, she said.
Rupali Neelkanth, 24
The freelance photographer has been using apps to shop for a long time now. “I have almost all the shopping and payment applications because most of my payments are made online. I shop online using debit cards and mobile recharges and money transfers are also made online through my account. I have never used mobile banking and I don’t think that I need to connect my aadhar card with my account number for payments, I am not aware about how it will work but yes I might opt for UPI because it seems to be a good option to manage all the accounts together”.