Friday, July 13, 2018

The Joy of Safe ePayments at Andhra Pradesh’s AnnA CanteeN’s



          In the next couple of months Anna Canteen across Andhra Pradesh will dish out 2,15,000 meals per day.

In all, 100 canteens in 35 towns were opened in the first phase, while another 103 units in 75 towns would be inaugurated in the next.

Each canteen is expected to serve at least 350 plates of food for breakfast, lunch and dinner. The capacity could be extended up to 500 plates when needed.

Every canteen sports decent interiors and a uniform elevation and design. They are also equipped with the technology required for electronic surveillance, issuing tokens and feedback system.

The project is taken up by the Akshaya Patra Foundation, which provides the meals, in collaboration with the Municipal Administration and Civil Supplies Departments.

          It would be a boost to Safe ePayments if citizens are encouraged to buy the tokens through the digital channel instead of the old-fashioned cash mode.

          This would reduce the need to haggle for change and also reduce the stress levels of the cashiers in the respective Anna Canteens.

          Real time monitoring of the sales can also be monitored with minimal investment
          In the last week of November 2016, Shri Chandrababu Naidu’s Government  launched  ‘AP Purse’ to push cashless transactions. AP Purse is an Android app that compiles various mobile payment apps and tools.

          However, the AP Purse is not visible on Google Playstore now.

          Citizens will be happy to buy the tokens through a Pre-loaded Contactless Card.

          This will also reduce fraudulent transactions and is a better option than costly face recognition machines.

          A dedicated website with a live plate counter of all the Anna Canteens will boost transparency

Suggested Reading:

103 more Anna Canteens will be opened in next phase

Two days on, Andhra's Anna canteens an instant hit among poor, middle class

Food for all: All you need to know about Anna Canteens launched in Andhra Pradesh

Tuesday, May 8, 2018

Should IDFC Bank advice ePayLater to integrate BBPS into it’s platform?




          In August 2017, ePayLater announced a tie-up with IRCTC to boost its lending portfolio. Thought the tie-up IRCTC registered users could create a profile on ePayLater and use the ePayLater credit line to book tickets via IRCTC.

          The main advantage of the ePayLater facility was the time saved in bypassing the payment gateway, thereby enhancing the payment success rate.

          The 3.50% service charge was a drawback however the users need not pay the payment gateway service charges.

          Based on the repayment cycle of IRCTC users of ePayLater credit line, the   users credit line would be increased or decreased. An enhanced credit line, would be beneficial for ePayLater users to transact on other partner platforms.

          Now, IDFC and ePayLater have announced a partnership to harness the benefits of UPI to ramp up volumes.

          Through the UPI channel, ePayLater looks forward to offer its services to the whole bank accountholders irrespective of whether the merchant is on ePayLater platform or not.

          In simple words, through UPI channel, the individual merchants need not be part of the ePayLater platform to offer ePayLater facilities to its buyers.

          It is sufficient if the merchant has a UPI handle to accept through UPI channel. Nothing more, nothing less.

          This innovative offering opens a new path for IDFC and ePayLater to acquire new customers

          As of now, this is the message displayed on ePayLater website

          So, we have to wait for the actual process flow.

          Benefits of ePayLater integrating BBPS on its platform

          Benefit 01) The bills are directly fetched from the BBPS channel into the ePayLater platform.

Benefit 02) ePayLater users can settle the Bill Amount on the due date and avail the 14 days free credit line.

Benefit 03) It offers ePayLater users to transact more often and enhance their credit line.

Of course, BBPS Service Charges would have to be borne by ePayLater only.






Tuesday, May 1, 2018

My vote for TWallet as preferred wallet partner for T Savari – Hyderabad’s Metro official Travel App



          TWallet the official digital wallet of Telangana State, was launched by Hon’ble Minister of IT Shri. K. T. Rama Rao on June 01, 2017.

TWallet is available as a Any Time Any Where digital payment option for Everyone.


          The aim of  TWallet is to enable citizens to make payments for both Government and Private transactions to avail services and is integrated with Government departments such as Mee Seva, GHMC, HMWSSB, TSNPDCL, TSSPDCL, RTA, TASK, CDMA, HMDA ORR Tolls.

TWallet serves through Online Web Browser, Smart Phone, Feature Phone and even No phone.

          The unique feature of T Wallet is that witizens with feature phone or no Phone can use Mee Seva centres to open T Wallet, Load money into wallet and make payments.

T Wallet uses two factor authentications, through Aadhaar + Biometric or Aadhaar + OTP to Aadhaar linked mobile number, for feature phone and no phone users.

          In the near future, Telangana Government payments such as Aasara Pensions, MNREGA payments will be pushed to eligible respective citizen’s T Wallet.

          L&T Metro launched the TSaavari App in November 2017. Tsavaari is the Official App of Hyderabad Metro Rail.

          Tsavaari App is still work in progress. The major updation in the last few months is the ability to recharge Hyderabad Metro Smart Cards directly from TSaavari App. This has enabled a large number of Hyderabad Metro travellers to download TSaavari App and top up their Hyderabad Smart Card.

          Paytm is the Payment Gateway integrator for TSaavari. Tsaavari App users can recharge their Hyderabad Metro Smart Cards via Netbanking, Credit Card, Debit Card, Paytm Wallet and BHIM UPI.

          As on date, TWallet is not integrated with TSaavari.  There may be commercial compulsions for L&T Metro to tie-up with Paytm, but it would be wonderful if TWallet is also integrated with TSaavari.

          This will be a win-win option Hyderabad Metro travellers.


          This article on future plans of TWallet i.e  T-Wallet to bail out cash-strapped persons will attract new users to TWallet.

The icing on the cake will be integration of TSaavari and TWallet.  

          Hyderabad Metro is becoming the preferred mode of transport and this is reflected in Hyderabad Metro’s decision to increase the frequency and speed of the metro rail services.

          Extract from Press Release:

L&T Metro Rail (Hyderabad) Limited is happy to announce increased frequency and speed of Hyderabad Metro Rail services from 06:00 hrs tomorrow i.e., 21st April 2018.

During peak hours (08:00 hours to 11:00 hours) and (17:00 hours to 20:00 hours) trains will run with a frequency of every 7 minutes. During non-peak hours trains will run with a frequency of every 8 minutes on both Red (Miyapur to Ameerpet) and Blue (Nagole to Ameerpet) lines

The Red and Blue line trains at Ameerpet Metro station will be synchronized to enable smooth and efficient passenger transfer.

With the increased frequency and speed the time between:

• Nagole to Secunderabad – 16 Minutes

• Nagole to Ameerpet – 32 Minutes

• Nagole to Miyapur – 55 Minutes


Saturday, March 10, 2018

Punjab and Sind Bank to upgrade its Core Banking Solution (CBS) from Finacle 7x to Finacle 10x



          P&S Bank currently uses Core Banking System Finacle 7.0.25 to provide banking services to its account holders.  As majority of the Banks operating Finacle 7x have migrated to Finacle 10x version, P&S Bank too intends to migrate to a higher version Finacle 10.2.15 (Or any latest certified and stable version post 10.2.15 in 10.2 series)

          Towards this goal, P&S Bank has floated a ‘Request for Proposal’, for Appointment of IT Consultant for CBS and IT Projects.

          The scope of the work primarily is to assist Punjab and Sind Bank to migrate to higher version Finacle 10.2.15 (Or any latest certified and stable version post 10.2.15 in 10.2 series). One of the options to be studied is to whether to continue with Finacle or go for a new CBS Solution.

The consultant has to  assist the Bank in the end-to-end contract execution with the selected System Integrator/s including coordination with different Bank Departments for finalizing the sizing. Based on the defined scope, the consultant shall be required to independently arrive at the Methodology, based on globally acceptable standards and best practices, suitable and acceptable for the Bank, after taking into consideration the effort estimate for completion of the same and the resource requirements.

The Consultant will have to work as per the timings of the Bank. Given the ever changing business and technology environment and the background that the Bank’s requirements would be varied and recurring in nature, Bank envisages the need for consulting assistance for technology initiatives and project management consultant on fixed-cost basis for the below mentioned scope of work in a phased manner.

The Consultant will have to support existing IT operations and IT related issues. Also have to consider and implement all requirements/changes received time to time from Regulatory/Statutory Body/ RBI/Govt. of India during project duration. The cost of support has to be included in project cost.

The Consultant should be fully conversant with all Government Guideline CVC guidelines, GFR 2017 issued by GOI, all procurement guidelines/ manuals of the Bank as applicable to the subject matter of advice /service to be rendered by the consultant during Phase –I – IT Strategy, Phase –II RFP  reparation and subsequently in Phase – III Project Management and Monitoring.

          The whole activity is divided into 3 phases as under:-

Phase – I ( IT Strategy) – Timelines - 3 Month.

Phase-II: RFP preparation based on IT Strategy approved by the Bank’s Management & selection of System Integrator (SI) – Timelines – 9 month

Phase-III : Project Management, Monitoring of Implementation and other activities to be performed

          The timelines are as under: -

Time line to complete the project in phase wise :

Phase- I (From date of issuance of Work order): IT Strategy  - 3 Months

Phase-II (After completion of phase-I & acceptance of IT Strategy from Board): RFP preparation, selection of System Integrator (SI) and contract finalization - 9 Months

Phase-III (After completion of phase-II): Project Management, Monitoring of Implementation and other activities to be performed - 24 months

Punjab and Sind Bank has 1500+ branches, with majority of its branches located in Punjab state.

The foundation of Punjab and Sind Bank was laid in 1908, when a humble idea to uplift the poorest of poor of the land culminated in the birth of Punjab & Sind Bank with the far-sighted vision of luminaries like Bhai Vir Singh, Sir Sunder Singh Majitha and Sardar Tarlochan Singh. They enjoyed the highest respect with the people of Punjab.

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