Rohit Narnoli - Man of his Own Image!

Paytm has launched an offline payment mode called Tap Card , which is being claimed to be the India's first ‘ truly offline payment solution ’, that will allow customers to pay from their Paytm wallet within seconds. A user can scan the QR code printed on the Tap Card to transfer money at a company-authorized Point of Sale (PoS) terminal without requiring internet connectivity. The process that uses NFC technology has been introduced in a pilot mode in Chennai in collaboration with  Yeldi.com . It is also being said that the foundation on which internet-less digital payment will work, has been laid down by Tap Card. It is primarily targeted towards counting-in the non-internet users to the existing customer base. Here is a systematic working of the Offline Digital Payment – Suppose Rohit want to buy groceries from a merchant who accepts Paytm. And he is using Vodafone network whose internet service is pathetic in that area. In this scenario, Rohit will execute the belo...

From the midnight of November 9, 2016, lives of 1.25 Billion people have changed to a great extent. The government have decided to demonetize the high denomination currency of Rs 500 & 1000. Although this decision has left everyone flabbergasted, people have accepted it with open hearts. They have probably realized that it is a step towards cleansing Indian economy. Many years down the line, they will have a story saying that they were part of this historic moment. The decision could also be seen as a step towards fulfilling one of the electoral promises made by the current NDA government.  The word demonetization is like a new vocabulary, hurled at a common man, one fine day. All that they understood, is that they need to get their hard earned money exchanged in the bank within the next 50 days. To clear the air, it is important to understand why any government take such step. Any government can act likewise in the following situations: 1. When the percentage of high d...