The Smart Cities Mission was launched in June 2015 with an aim to develop 100 Smart Cities by 2020 to promote development of physical, institutional, social and economic infrastructure. Smart Cities make use of cutting-edge technology across areas and sectors to enhance ease of living for their citizens. One of the most important areas of transformation is the digital payments space. Promotion of digital payments has been accorded high priority by the Government of India to bring our country to reap their advantages for the overall economy. The mandate is to provide facilities for seamless digital payment to all citizens of India in a convenient, easy, affordable, quick and secured manner.
Digital payment is a way of payment in which both payer and payee use digital modes to send and receive money. It does not include cash, cheque or any other paper-based payment instrument.
The Smart Cities Digital Payments Awards 2018 ‘100 days Challenge in 100 Smart Cities’ is part of this endeavor of MoHUA. The objective of these awards is to guide, motivate, recognize and reward the Smart Cities for promoting digital payments and carrying out innovative payment initiatives. This will not only reward Smart Cities at the forefront of digital payments but also act as encouragement for other cities to follow suite and strengthen their digital payments infrastructure and create awareness through promotion of digital payments amongst all stakeholders and provide citizens with multiple options to make digital transactions.
The Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. We intend to create “Faceless, Paperless, Cashless” processes in the cities of India that will profess the role of Digital India. The promotion of digital payments has been accorded the highest priority by the Government of India in order to bring each and every segment of our country under the formal fold of digital payment services. The Vision is to provide the facility of seamless digital payment to all citizens of India in a convenient, easy, affordable, quick and secure manner.
As per the sources, the target for fiscal 2017-18 was 25 billion transactions – this is from the ministry in a letter, where it is said that “MeitY in consultation with Department of Financial Services has now set a target of 2,374 cr digital transactions for banks for the FY 2018-19.”
The smart city mission of the Government of India seeks to address the issue of urbanization through the transformation of selected cities. Bhopal is one of those cities that have been selected and intent to create a sustainable city that can provide a good quality life to its citizens and enforcing digital payments. Bhopal has been amongst the 20 lighthouse cities with a vividly different approach which is driven by ‘Redevelopment’ rather than ‘Retrofitting’.
Why digital payments?
Digital payment is a way of payment which is made via digital modes. In digital payments, the payer and payee both use digital modes to send and receive money – thus it is also called an electronic payment. Here, no hard cash is involved in the digital payments. All the transactions in digital payments are completed online. It is quick and instant plus the most convenient way to make payments. There are many types of digital payments welcomed by the government and initiated in every city of India – such as
- Banking cards
- Mobile Wallets
- Bank pre-paid cards
- Internet Banking
- Mobile Banking
- Aadhaar Enabled Payment System (AEPS)
- Point of Sale (PoS)
- Bharat Interface for Money (BHIM) app
With India moving towards cashless economy - Bhopal the city of lakes to is one such city that is on verge of going cashless and making digital payments the priority. Bhopal welcomes digital payments thus; it’s time to make smart Bhopal – digital Bhopal. As mentioned above digital payments have many benefits and considering Digital Bhopal the state government is giving many options for the digital payment and benefits as well. The advantage is that you can pay your entire utility bill and can process many other digital payments with the help of UPI and other apps. You can pay:
- Electricity bill
- Railway or bus ticket
- Pay at petrol pump
- Phone bill
- Property, water, or any other tax
- Ministry of civil aviation
- Ministry of petroleum & natural gas
- Department of posts
- Ministry of railways
- College fee, transport fare, or any other service of your use can be digitally paid
Moreover, once you will start paying and using digital payments you will enjoy many discounts and offers as well such as:
- You get Rs.5 discount on Gas Payment
- 0.75% discount on Petrol
- Get Rs.50 discount on Mayor Pass
- Get Rs.10 discount on bus card recharge
- 2% discount on property and water tax
- Get Rs. 20 discount on Electricity bill