Now, you can link your Aadhaar number with PF account via Umang app

The facility on e-KYC portal has added a new feature to link UAN with Aadhaar online using biometric credentials.

Link Aadhaar with PF : Retirement fund body EPFO has launched the facility of linking Aadhaar with universal account number, through UMANG mobile app, the labour ministry said today.

“Employees Provident Fund Organisation (EPFO) has introduced UAN-Aadhaar linking facility for the convenience of members using EPFO link in UMANG app,” it said in a statement.

The new facility is in addition to the existing one on the EPFO website. The facility on e-KYC portal has added a new feature to link UAN with Aadhaar online using biometric credentials.

Moving towards Digital India, EPFO has also launched e-nomination facility.

This facility is available at Member Interface of EPFO Unified Portal. Any member with activated and Aadhaar-seeded UAN can avail the facility.

It is independent from employer.

After giving nomination details online, the member has to digitally sign the nomination. Aadhaar-based e-sign is being used for digital signing of the form. The e-sign is being provided to members free of cost by EPFO. This functionality will also be made available on UMANG app soon.

UMANG or Unified Mobile Application is an app launched by the government to provide access to various government services at one place.

UMANG: From checking PF to applying for PAN, things you can do on the app

You can also apply for gas cylinder refill, check CBSE results, hunt for jobs, access passport and pension details.

Technology News : From provident fund (PF) details and National Pension System to booking a gas cylinder, accessing over 100 government services is now a click away with Unified Mobile Application for New-Age Governance (UMANG) application.

Upon downloading the UMANG app, you will be asked to link Aadhaar with the app, however, the same is optional.

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Here are some of the services you can avail through the app:

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Applying for a new PAN: Attaining a new PAN (permanent account number) is minutes away with the UMANG app. If you have already done so, you can also check the status of the application or do e-KYC by providing your Aadhaar number.

Looking for a job? If you are seeking employment opportunities, register yourself under the Pradhan Mantri Kaushal Vikas Yojana, which will send you job alerts. States such as Gujarat has integrated Online Job Application System with UMANG app to alert people on government job openings.

Gas cylinder refill: Currently, Bharatgas, Hindustan Petroleum, Indance subscribers can book a refill or place an order for a double cylinder. Additionally, users can also keep track of their order history. However, you must register the same mobile number with the app that you have with the agency.

Passport Seva service: Calculate the fee, locate a centre, check appointment availability and get advice on the documents needed to be submitted for your passport.

Pension system service: If you have a National Pension System (NPS) account, you can check current holdings and account details, change address, submit request for an e-mail transaction alert and keep track of the contributions made. Pensioners can also avail digital life certificate or jeevan praman.

Click here to Know more services → Umang Mobile Application

BHIM: Aadhaar-based app launched to simplify digital payments (What is BHIM App & How does it work)

BHIM is biometric version of UPI, USSD and expected to minimise role of plastic cards, PoS machines

Breaking News -  Prime Minister Narendra Modi on Friday launched an Aadhaar-based mobile payment application called BHIM (Bharat Interface for Money).

On day 50 of the window provided by the government to citizens to exchange or deposit old currency notes of Rs 500 and Rs 1,000 denominations, the Prime Minister at a 'Digi Dhan Mela' event in the capital, asked citizens to make at least five digital transactions, so as to understand the concept behind e-payments, and then use it extensively.

What is BHIM App & How does it work

 

"Download it on a smartphone or on a feature phone. It is not necessary to have the internet for this app. In the next two weeks, one more work is being done, which will increase the power of BHIM so much that you would be able to withdraw money even with your fingerprints," he said.

BHIM is a biometric and rebranded version of UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data). It is expected to minimise the role of plastic cards and point-of-sale machines, once believed essential for a less-cash society.

"In two weeks, we will make one more accomplishment; its security is being worked on. It will empower BHIM; you'll only require your thumb to pay," said Modi. He added this app would empower the poorest of the poor, with the thumb becoming the new identity.

 

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Demonetisation: Are your digital transactions secure?

There are no easy solutions regarding securing oneself in the cashless digital world

Latest News -  Paper money is becoming passe as the year comes to an end. The New Year brings in the promise of India going cashless with the population of 1.3 billion being pushed into a digital economy.

Today many users are being exposed to plastic money for the first time. Even the most learned people make mistakes in the digital world and that can prove very costly. Hence, for first-time users, it is a minefield out there and negotiating it needs a lot of tact.

Earlier this year, 3.2 million credit and debit card details, with a bulk of them from India's largest banker the State Bank of India, allegedly got compromised and till date, the investigating agencies have not been able to make much headway.

In a country where, according to UN figures, about 287 million adults are still illiterate how safe is it to indulge in cashless transactions?

Read Article Source>>>

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NPCI will announce 15,000 winners of 1000 rupees each for next 100 days, starting from Christmas

In a move to promote digital payments, the government of India has announced slew measures.

NITI Aayog CEO, Amitab Kant announced the #LuckyGrahakYojna.

The following points are the highlights of the scheme.

Digital payments through RuRay cards, UPI, AEPS and USSD between Rs 50-3000 will be eligible for awards. There will be a different prize for consumers and merchants.

Under the Lucky Grahak Yojna, daily 15,000 winners will eligible for a prize worth Rs 1,000 for the next 100 days starting December 25. A weekly award for around 7,000 consumers eligible for a maximum prize of Rs 1 lakh was announced.

NPCI will announce 15,000 winners of 1000 rupees each for next 100 days, starting from Christmas.

Under the Digi-Dhan Vyaapari Yojna, every week, more than 7,000 merchants will be eligible for Rs 50,000 prize.

Mega awards, in both the categories will be declared on the occasion on the birth anniversary of Dr Bhimrao Ambedkar. Under this Mega Award, consumers can win prize worth Rs 1 rore, Rs 50 lakh and Rs 25 lakh.

While merchants can win prize worth Rs 50 lakh, Rs 25 lakh, and Rs 5 lakh.

"Lucky Grahak Yojana and Digi Dhan Vyapari Yojana is Christmas gifts for the nation", said Amitab Kant.

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Digital India: Why people are ignoring bank UPIs and flocking to Paytm instead

Post demonetization, people flocked to digital wallets for mobile payments instead of bank apps

Long before demonetization and a scramble to find alternatives to cash, India had laid out a unique tech infrastructure for a digital economy.

Bill Gates was so impressed with it on a recent visit that he exclaimed: “India is on the cusp of leapfrogging!”

But leapfrogging only happens with mass adoption. Although Aadhaar had identified and authenticated a billion Indians, and UPI made mobile payments as simple as sending a message or mail, banks dragged their feet over it.

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• Slip between the cup and the lip

• The Paytm tipping point

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To a question from Tech in Asia on how the Paytm app will be different from UPI-powered apps by traditional banks, Vijay Shekhar Sharma pointed immediately to customer experience. “Banks are not great at rolling out UPI,” he said. But for Paytm, “this is the truest opportunity to build something designed for unique Indian needs.

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Save Rs 900 on petrol bill: After cash pain, some cashless gain

With the govt providing discounts in some areas to push digitisation, consumers should try and maximise benefits

The government, a month after implementation of demonetisation, has decided to give a push to digitisation. On Thursday, Finance Minister Arun Jaitley announced a slew of incentives for people willing to transact digitally.

Making digital payment on fuel purchases from petrol pumps will be cheaper by 0.75 per cent. New policies bought from customer service portals of Life Insurance Corporation (LIC) and public sector general insurance companies will attract a discount of eight per cent and 10 per cent, respectively.

There are a number of other transactions as well on which the government has decided to give discounts, provided one is willing to take the cashless route. Says Madan Sabnavis, chief economist, CARE: “The government is almost following a placatory approach with these incentives, after almost forcing people to go digital in the first month. This is a good approach, as it makes people more comfortable.”

Some petrol pumps charge two per cent on credit cards, a deterrent for many people. Now, with the government giving a discount, many will be encouraged to use cards. “However, to encourage the use of digital payment more aggressively, I believe, the government should give such incentives in many other areas,” added Sabnavis.

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