How to live cashless in this cash crunched economy

It is not easy to live without cash, but online service providers can be a big help in these trying times

Pradeip Kmr | December 1, 2016


#Cashless   #Paytm   #online services   #demonetisation  

 Demonetisation has taken the Indian economy and social media by a storm. We are all facing much inconvenience due to shortage of cash in hand. Hence, we need to find more ways to survive without cash. We need to shift our focus to the online service providers to buy the stuff that we usually buy offline. 

Five online services are listed here.
 
1. Grocery – We are all used to buying our groceries from the local shop or vegetable vendor. In this cashless situation, online grocery stores are there to the rescue. With the facility to pay online, doorstep delivery and attractive discounts, we can visit online grocery stores like Big Basket and Grofers.
 
2. Public Transport – Office-goers, students, and others spend cash on commuting through public transportation. To save on this daily cash consumption, you can choose to pay online. You can recharge your metro card through apps like Paytm, book buses and shuttles through Ola shuttle and Make My Trip, book cabs online via Ola and Uber to save your valuable cash.
 
3. Paytm – There are many local shops that accept payment through Paytm. So, you can recharge your Paytm wallet and carry out the transaction from these shops. Just scan the bar code in the app and you are done in a click.
 
4. Food – This is not unique because a significant number of people already order food online. Food order and delivery sites now like Zomato and Swiggy are flooded with heavy discounts and offers right. 
 
5. Home Relocation Services – In the present situation it is wiser and more practical to use new age relocation services that accept payment online or can be booked online like Movesure and Aggarwal packers and movers, etc.
 
There are a plethora of other services which can be availed online without having to pay in cash. 
 

Comments

 

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter