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sandeep  shukla
She hasn't visited an ATM since November 8
by sandeep shukla on Nov 25, 2016 06:39 PM

I too have not visited an ATM since note ban and i stay in Kolkata. I am spending money daily as per my needs same way i used to spend before 8th November

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Sunil Kumar
No
by Sunil Kumar on Nov 25, 2016 06:33 PM  | Hide replies

No PayTM can replace teh value of cash in one's own hand !!! I think all the technology driven payments and banks are susceptible to some or other malice on the net, and it would be late before we got to know that someone had in fact siphoned away our hard earned money. Nothing as safe as paying by cash by our hand and nothing as safe as the old form of banking. Though when times such as these, we can afford certain risk, but in the long-term, it is but risky.

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R Rawat
Re: No
by R Rawat on Nov 25, 2016 07:12 PM
If you are concerned about your money the safest option is to load PayTM with a smaller amount. It also helpful when there is problem of loose change.

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Bwinde Kang
There is a world beyond ATM and PayTM!
by Bwinde Kang on Nov 25, 2016 06:24 PM  | Hide replies

Nobody can question the overall long-term benefits from demonetization of high-value notes. Ms Varma has indeed managed well but the undertone of mocking at those who have been forced to stand in queues [and some even paid the price with their lives] is quite discernible. The media [including this forum] is managed by educated town-folks and is also savoured by them …. leaving a vast chunk [67%] rural population out of reach and ken! Let’s not act like the proverbial frog-in-the-well and think proactively of the larger picture.

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V BM
Re: There is a world beyond ATM and PayTM!
by V BM on Nov 25, 2016 07:08 PM
Completely agree with you I don't know of any small local grocer in my area who has a card swipe machine. ...By the way the author has not mentioned which part of India this woman stays. Also to buy the veg and fruits from Big basket she must be caring the hoot as to the cost factor of these things...She is not bothered about how much the items cost at the street vendor and how much it costs comparably at the Big Basket.....She cannot be a role model for me atleast.

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Mohamed Fameen
Re: Re: There is a world beyond ATM and PayTM!
by Mohamed Fameen on Nov 25, 2016 07:56 PM
very true.

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ContraView
Its just a myth
by ContraView on Nov 25, 2016 06:23 PM

People think it is their fundamental right to force others to use 'digital' money. It's a matter of choice. I find cash hassle-free for small value transactions.

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rajesh venkatraman
Another way of living (espl for city based) people
by rajesh venkatraman on Nov 25, 2016 06:16 PM

this is one way of living using plastic money and people who have some knowledge of computers and mobile banking meaning the current generation and younger will have no problems but older generation people who are above 55 and not used to the plastic money and were using the old traditional methods may feel the pinch in converting to plastic money as they still feel that it could be misused by someone else as the trust factor at old age goes down as they cant cope with any loss of amount due to tech failure or misuse and the need to run around banks with complaints at various forums to get their money back.

Like how the mobile took all Indians within 5-10yrs of its start, similarly the plastic money will take another 2-3yrs before things settle down or even using mobile banking when people trust that its safe to use and its ease in using for older generations. As older generations still use old style mobiles meaning pre-smart phones, they will also need to fall in line especially it may be difficult for people who are in the rural region as there may be some scrupulous elements who in guise of helping may swindle the hard earned money of the poor.

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vijay M
Demonetisation
by vijay M on Nov 25, 2016 06:13 PM

This is just a rare case. Less than 5 % of people in India use plastic money or internet transactions. 95 % still use cash and demonetization has affected them. If government doesnt solve the problems as soon as possible, situation will get worse.

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prasad gottimukkula
Sorry to say
by prasad gottimukkula on Nov 25, 2016 05:52 PM

1. Every village has no Big Basket delivery,
2. washerman requires cash payment, so hdoes house maids.
3. In many places rents are also to be paid in cash.

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Venkatachalam
Aftermath of Demonetisation
by Venkatachalam on Nov 25, 2016 05:18 PM

I have also not visited the ATM because all the ATMs are closed in my area since 8th November. And I live in a well known locality in Bengaluru.

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Sudev Salvi
ATM visit
by Sudev Salvi on Nov 25, 2016 05:11 PM

Not at all impressed with the story. There are thousands who do not use 'plastic' money.

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sanjay sss
My ordeal
by sanjay sss on Nov 25, 2016 04:59 PM  | Hide replies

Today I started my day with 9:00 am in the queue in the Bank. At 10:00 am the Manager told that there is no cash in the bank and cash will come at 12:00 pm. I went to my office and came back at 12:00 pm. There was a line not many but still quite a many. One hour in the line, manager announced cash has finished. Back to office.

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J Swaminathan
Re: My ordeal
by J Swaminathan on Nov 25, 2016 05:11 PM
Such experiences are common to many in the past weeks. Banks who have the currency chest looked after their own branches first and gave less money to other banks. Hence such cash crunch created. Bankers did not show better management skills. Peoples too did not understand the difficulties faced by the bankers. Should have been better prepared for such exercise.

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