How to get Jio 4G SIM Activated Guaranteed in 12 Hours ?

Reliance Jio Infocomm launched Preview Offer of its Jio 4G VoLTE services for Free on Voice and Data until the 31st Dec, 2016. There was a mad rush to get Jio SIM Card to make the best of it by floating Wireless Consumers who switch to any operator who offers Freebies. India is per-dominantly (95%) a Pre-Paid Wireless market with bottom of the pyramid having no loyalty to any operator as they scout for deals. In this backdrop, Large Number of SIMs were issued, some sold by retailers in Black but the back end of Jio is unable to handle the mass activation as they have to process each and every Customers Application Form [CAF] Manually by digitizing the same.

On the 5th of September, they launched eKYC Platform in-line with Jio’s automation across all processes inside the company. We’d like to let our readers know how Easy and a Guaranteed process it is to get your Jio 4G SIM Activated within 12 hours, if you go for the Aadhar based eKYC.

Customers Need to Carry the Following:
1. Aadhar Card
2. Jio’s Coupon / Bar Code
3. SIM Optional [If you have already bought, else if it is available in Jio Store]

Step-1:Make sure your handset is compatible with Jio 4G. Go to the App Store and Download the My Jio App from Playstore and generate the Coupon / Bar Code as shown below. Take a Screenshot / Print (more…)

State of Mobile Wallets / Payments in India

Mobile Wallets in IndiaPayTM, Mobikwik and Freecharge (owned by Snapdeal) are the biggest independent online wallet companies in India with claimed registered wallets of 120mn/25mn and 20mn respectively. Apart from them some telecom companies (Vodafone, Airtel, Idea ) and banks (SBI, ICICI, HDFC etc.) have their own online wallet services. The online wallet was initially developed as a means of enabling mobile recharges for consumers, which was subsequently, expanded to PayTV and utility bill payment services.

Some of the wallets companies like PayTM, telco and banking wallets etc have received (more…)

UIDAI / Aadhaar Based Payment Systems Live in India

UIDA IndiaIn order to allow various agencies to use UID as a verification of identity, the UIDAI has created an online authentication system. UIDAI has partnered with RBI, National Payments Corporation of India (NPCI), and the banks, to develop two key platforms to ensure Aadhaar authenticated payments.

Aadhaar Payments Bridge
This system facilitates seamless transfer of all entitlement schemes directly to the beneficiary’s Aadhaar Enabled Bank Accounts (AEBA). APB is a repository of all the Aadhaar numbers and their primary bank account numbers use the Aadhaar number as the primary key for all entitlement payments. The government agency administering an entitlement scheme would provide the APB file containing details of the Aadhaar number, the reference number of the welfare scheme, and the amount to be paid to its bank (called sponsor bank). Funds would be transferred from the sponsor bank to the beneficiary’s account through the NCPI payment gateway.

Aadhaar Enabled Payment System
Given the ground reality that large section of the Indian population still does not have access to formal banking, UIDAI has developed a business correspondent (BC) operated payment system as well. As per this system, the beneficiary provides his/her Aadhaar number, details of financial transaction sought, and fingerprint impression at the point-of-contact device such as a micro ATM. The request is routed through the bank to NCPI, and to the CIDR, which authenticates the request. Based on the authentication outcome, the BC holding the micro ATM makes the transaction. machine would enable the necessary recording of the transaction in the banking system and generate a receipt. The actual cash would be dispensed by the BC.

The system’s key feature is the interoperability of micro ATMs. A BC can serve as intermediary to multiple banks. This reduces the cost of outreach and increases efficiency for the banks and the residents do not have to depend on multiple BCs.