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To promote cashless transactions, the Haryana government will give Rs 5 as a token of appreciation to each person who would get himself registered on Unified Payments Interface (UPI), Unstructured Supplementary Service Data (USSD) and other mode of cashless transaction, Chief Minister Manohar Lal Khattar said today.
The Chief Minister, who was presiding over a meeting of bankers to promote cashless transactions here today, said that the incentive of Rs 5 would be admissible up to December 15, 2016.
The aim of the project is to develop a cashless society in the state, an official release quoted him as saying.
UPI is a quick and easy way to send and receive money using a Virtual Payment Address (VPA) without entering additional bank information and USSD is a Global System for Mobile (GSM) communication technology, the release said.
The Chief Minister urged the bankers to launch a campaign to promote cashless transactions and educate the citizens by installing canopies outside bank premises so that people, especially of rural areas easily switch over to cashless modes of payments.
He also directed the officers of Haryana unit of the National Informatics Centre (NIC) to prepare a software for effective implementation of the scheme aimed at giving an incentive of Rs five.
It was informed in the meeting that bankers would deploy adequate staff for promotion of incentive based scheme and continue this campaign up to December 31, 2016. During this period, banks would guide the common people about various modules of online and cashless transactions, especially the demonstration of the UPI and USSD.
Banks will also prepare a daily chart of people guided and maintain its record.
The Chief Minister also asked the bankers to open more bank accounts in the name of women by launching a special drive so as to facilitate them, especially the house-wives.
It was informed that the banking applications have been launched to motivate the people to have cashless and more digital society.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)