Spice Money: Industry Monitoring 28 February 2019
- Priyanka Kanodia
- Mar 6, 2019
- 2 min read
Spice Money
Industry News
Of 111 services of PMC, only one has digital payment facility, say activists
Publication- The Times of India
Edition- Online
Date- 28 February, 2019
Activists in the city have claimed that only one out of the 111 web-based services provided by the civic body has an effective digital payment facility. The efficacy of the online payment systems was questioned one day after the Pune Municipal Corporation (PMC) won the ‘smart cities digital payment’ award. In its letter to the civic body, citizens’ group Sajag Nagrik Manch demanded that the PMC improve the information technology department must improve the digital payment facility. “Only property tax can be paid for online. The other online payment services have remained on paper. The civic body must give justice to the award they have received and ensure that they provide quality online services,” said Vivek Velankar of Sajag Nagrik Manch.
The group had written a letter regarding the same issues in September 2018 and demanded that payment for these services should be allowed under UPI and BHIM applications. “The non-availability of online services is inconveniencing citizens. They need to visit the civic offices for various works. The civic body has claimed to provide online services but most of them are not available right now,” the letter stated. Rahul Jagtap, the head of PMC’s IT department, said, “The civic body is in the process of updating the systems to provide additional services online. The demand from citizens and need to change the current software is being considered while providing the online payment services.
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With Aadhar out-of-bounds, payments ind wants RBI to allow
Publication- Business Today
Edition- Online
Date- 28 February, 2019
Facing difficulties after the Supreme Court ordered that Aadhar cannot be made mandatory for financial/banking transactions, the payments industry wants the Reserve Bank to allow facial recognition-based software to meet the know-your-customer norms. The apex court verdict last year had made it impossible for the electronic payments industry to use the Aadhar data for customer onboarding, necessitating an urgent search for alternatives.
The financial sector does not use facial recognition technologies anywhere in the world to check customer credentials and also to meet basic KYC norms. The Payments Council of India has proposed a model wherein a potential customer can upload the picture of a document and then sit herself before a camera, its chairman Naveen Surya said, speaking at an event here Wednesday.
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