Friday , April 28 2017

Central Bank of India customer wins Rs 1 crore under Digital Payments promotion scheme

Digital Transactions

Under digital payments promotion scheme, Pranab Mukherjee picked six lucky winners out of them three are customers and three are merchants.

The Government’s Promotional Scheme to Popularise the digital payments has bagged a Customer of Central Bank of India to win a Jackpot of Rs 1 Crore for making the transactions of Rs 1,590.

At Rashtrapati Bhavan, the president Pranab Mukherjee picked up the lucky winners from the 100th draw of lots under the Digital Payments Promotion Schemes.

The president congratulated all the six winners who won the jackpot under digital payment promotion scheme. Out of six lucky winners, three are three customers and three merchants.

In the consumer section, the first lucky winner won the mega prize of Rs 1 crore who is the customer of Central Bank of India, while the second prize winner won the cash prize of Rs 50 lakh who is Bank of Baroda customer and the customer of Punjab National Bank is the winner of third prize of Rs 25 lakh.

The first merchant won cash prizes of Rs 50 lakh while the second merchant won Rs 25 lakh and the third winner Rs 12 lakh.

All the three consumers had done the payments through RuPay debit cards and the names of the customers were not known yet, as the draw displayed only their transaction numbers and the names of the customers will be known through the card details.

All the winners will be felicitated by Prime Minister Narendra Modi on April 14 at Nagpur on the event of Ambedkar Jayanti.

Due to the Note ban of Rs 500, Rs 1000 notes the government sustained the move of digital payments in the country.

On December 2016, to support the digital transactions the administration launched the Grahak Yojana for customers and Digi Dhan Vyapar Yojana for merchants and the Schemes are being implemented by National Payment Corporation of India (NPCI).

The president asked the citizens to extend their support to the mission of a less-cash India.

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“India has a long way to go to become a cashless society. The initiatives of the government are a good beginning and we need to sustain and nurture these with active participation from all segments of the society. It is necessary to reduce cash in circulation and impart greater urgency to promoting secure digital payment methods to ensure greater transparency,” the President said.

He also added that the countries which are more advanced than India with the small size of the population don’t have a great system like Aadhaar with a unique identity number and a biometric identifier which is a great watershed event in the development of the country.

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