Page 47 - Mann Ki Baat April 2022
P. 47

does   not   have
                                                       phone  internet,  I
                                                       also  give  my  wifi
                                                       access   to   him/
                                                       her to make the
                                                       transactions
                                                       digitally,”  says  a
                                                       fruit juice seller.
                                                       The       cashless
                                                       economy        has
                                                       brought    greater
                                                       financial   inclusion
                                                       for these merchants
                                                       which  earlier  was
                                                       not catered by the
                                                       traditional methods.
                                                       “One  benefit  that  I
                                                       have got from UPI is
                                                       that  my customer
                                                       base  is  increasing.
                                           Most of my customers today
        A young employee who migrated
                                           are the ones who prefer to pay
        from a different city shares his
                                           digitally,  without  any  loose
        experience:
                                           change hassle,” says a fruit and
        “The current scenario in the       vegetable  seller  on  how digital
        country is such that every small   payment  helped  him  grow  his
        food  stall  and roadside  vendor   business.
        has a QR code to receive money.
                                           Most of the people believe that
        I’ll give you an example of what
                                           due to UPI, money directly goes
        happened with me today. I
                                           into their accounts which is not
        went to a shop and at the time
                                           only  safe  but  also  facilitates
        of paying, I realised that the
                                           savings.  “It is very convenient
        hundred rupee note that I had
                                           as  the   money    is  directly
        was torn. The shopkeeper then
                                           transferred to my account
        asked me to pay online via UPI
                                           without  any  hassle,” says a
        and I was shocked to know that
                                           vegetable vendor.
        he too was using UPI as he owned
        a Nimboo Paani stall.”
        “The  benefit  of  UPI  is  that
                                                   Scan this QR code to know
        every customer can now send
                                                   how street vendors and small
        money  directly  to my  account.
                                                   shopkeepers are the force
        Sometimes, when a customer                 behind a cashless future
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