My 2100 Rs is blocked and transaction in processing stage from last 21 days in kotak digital rupee wallet and there are no customer care number, in app support always show error.... Never use it for bigger amount.
Basically the Banking CBS system is getting affected due to the tremendous high volume of transactions on a daily basis done by UPI and MMT, so even for a single penny transaction happened through the CBS system which may later increase load on the system. Now the banks are not earning any revenue through UPI and MMT. So they are not interested in increasing their server Bandwidth. So they are looking for another option of bringing block chain technology to avoid any transaction through the CBS system. So simple.
Banks are not free to do it,, they are bound by banking act. All participating banks are compensated by RBI yearly for UPI. This year bill grew upto 2000 crore rupees. Of course same burden is shared through enhanced taxation from all.
It is certainly a must have technology mainly because we shouldn't be in a position that other countries have it and we don't. But I don't see much benefit of it. The biggest benefit is lower value transactions which is really not a big need. But there is a big disadvantage that it will give Govt full visibility on where all notes are moving. This is something which is not possible today and it will give Govt a new power. Which if used positively, will reduce crime but if used negatively, will create a big brother state.
I feel, the main problem with CBDC is Anonymity. Police and law enforcement will bully us. I think cash will still be king unfortunately. However, if there is Anonymity for say upto 50k-1L ₹, then things will be easy to adapt..
All transactions above ₹10,000/-in saving account are referred to IT. This is not way out. esp when he dies not pay IT. One needs source of legitimate income to spend as per Finance minister.
भौमिक जी, UPI मे बँकको रेकाॅर्ड रखना ही पडता है जिसके लिये MDR की सुविधा है जोडलेले 1%से 3% तक होता है.. भारतमे MDR कँसल नही किया है लेकिन Zero किया है कभीभी चार्ज लग सकता है दुनियाभर मे लगता भी है I ऐसा कुछ भी CBDC मे नही है चूंकि यह कॅश ही है IUPI कॅश नही बल्कि एक पद्धति है I UPI और CBDC दोनो ही RBI के ही मातहत है I कल चल के भी CBDC ॲप बँकके पास ही रहेगा या फिर RBI एक नयी कंपनी भी तैय्यार कर सकती है I आज ही अगर UPI 3% MDR लगा दे तो सारे CBDC मे आ जायेंगे I जो RBI नही चाहती I CBDC ॲप द्वारा, आज ही ₹500/-के नोट RBI,,, बँकोसे वापस बुला रहा है I RBI जब बँक को e₹ देता है तब पेमेंट केवल ₹ 500/- के नोट मे ही होता है और किसी बँक ने ₹200/- e₹ माँगा, तो RBI ₹ 500/-नोट, बँकसे लेता है ₹100/-के तीन नोट वापस करता है और ₹500/-नोट अपने पास कारवाई के लिये रखता है, वापस बँक नही भेजताI
Being UPI free, no one, except enthusiast are ready to open CBDC wallets. Scenario may change after payment agregators like Phone pe, may be issued licenses to deal in CBDC.
Ager hamara phone kho gaya to digital cash bhi gaya, Per digital cash ka sabse bada fayda tab ho sakta hai jab ham kisi aise jagah per ho jaha network na ho aur Bluetooth ke jariye transfer ker sake.
Thanks for keeping us updated. I have a query though, first use case you mentioned, through digital wallet transactions there won't be intervention of banks. But only by linking to bank accounts can we store the money in digital wallets right? So, is the non intervention of banks that you talked about applicable only when both parties have already added money to wallets from their bank accounts?
Sir wallets are not for storing money. It does have money limited to expenditure. If there is balance, remit it back to bank account. One will get interest also. When need arises, fill wallet from bank. Loading is very fast.
Except helpful for tourist I don't see any incentive to the people. But it will definetly save those 2.x% interest on our money. Agree to all the advantages discussed but sooner or later govt. will transfer the cost of maintaining eRupee system to us in the form of another tax/cess. Cash lead to lot of problems like terrorism, black money but eRupee won't be as convenient (a phone or digital device will be required with active network connection to use USSD/sms/app). Unless eRupee is incentivised and made better than UPI it's not making sense. Just degrading UPI by charging fees will not help. While using UPI we are already helping govt. to save on printing notes. Just joining a good cause is not always a right financial decision.
Bhai sahab, ground pe customer ko thikse cheque/withdrawal slip bharne nahi aata, debit card ka pin set nahi kar pate log, upi karneke baad passbook print chahiye logo ko. Rs 200 500 nikalne ke liye bhi log adha adha ghanta line me khade rehte hai. Digitalization bass urban aur metro cities ke young logo ke liye hai ,aaj bhi majority log bank me hi jake withdraw karne ko safest maante hai
But bank withdrawal is becoming costly day by day. even via ATM. Withdrawals have limitations otherwise heavily chargable including ATM service. Beyond 3 to 5 transactions per month.
Hello Sir I like your context every time and use to watch your videos but I have a question If you can please answer that for me. NDTV profit logo in left top corner, Why❓ I think there are many more you want to know why Adani NTDV is flashing on your video.
ek major issue solve hua hai e rupi se e rupi wale cash ko easily government block kar sakti agar aap government ko galat bolenge sahi hai phir government ko koi oppose bhi nahi kar paayegaa
Video is very good and informative but I m user kotak digital rupee, no customer care is working and no one is answering my query regarding unsuccessful transaction neither app,and neither branch ,i think it is started without proper preparation and training and I m suffering this as a customer
If banks aren't involved in CBDC transactions then why banks are developing erupee wallets? Why RBI didnt develop one apps that all users can use. If banks aren't involved then why can't I sign up without bank account /debit cards?
If someone has no job or salary, he is earning 5-6 lakhs annually through share market only using intraday and swing trades. Is he supposed to pay according to the income tax slab rate or STCG tax?
Bahut achhi jankari. Sir, I am a beginner . Kya kisi company ka total interest = debt to equity +operational ratio ka interest coverage, In dono ko jorker(+) hota hai kya ? Please reply kare sir .Aap bahut sahi batate hain .Dhanyabad .
Sir mera pnb digital rupee me payment load kar rha hu to wallet kuch exceed limit bta rha or redeem kar rha hu tab bhi wallet axceed limit bta rha or kisi ko transfer kar rha hu same bta rha kya karu sir please help ❤❤❤❤
Full video k baad bhi abhi abhi samajh nahi aya Mai upi he ku nahi karu? Transfer me bank ki jarurat pade ya na pade,koi fark padta hai ? Bina internet k physical cash ki tarah bhej sale to Baat Hai. Warna kya drama karna extra apps and passwords rakhne ka
Whenever I have to pay merchant, I load that much amount and pay to merchant. This solve my two issues. There will be no risk of hacking. Secondly I will get interest on saving in bank.
Jo ek smartphone nehi afford kar sakte unka keya, wo ise keyse use kar payenge aagar government fiscal notes ko e rupee se replace kar denge to, India up to 30% population eysa hai jo log abhitak 1500 ki mobile or har mahina 300 rupaye recharg afford nehi kar pa rehe hai wo iska fayda keyse lenge
What is the difference between digital rupees and wallet amount (paytm, phone pay). I guess these are same except currency identifaction like unique number etc. please explain
Benefits are major to Govt, not common man. In this world, nothing is benefitted to common. Digital Wallet is without mobile, yes, than good. Track. Now if mobile is list, its as good as LOST.
I have been made two transactions of Rs 950/- on 09/02/2024. It had deducted 1000/- two times of 500 Rs notes. But both transactions shows payment in progress till now 23/02/2024. How will I get my 2000 Rs.? To whom I complaint it? What is its customer care number? Please tell me.
E rupi अँप्लिकेशन / कार्ड मे आयेगा क्या? यदी ऐसा हे तो उस अँप्लिकेशन मे पैसा पाहिलीबार bank से ही लाना पडेगा? तो bank invol होगी इसमेl या bank ही हमारे अकाउंट मे जो पैसा हे उसे e rupi मे cunvert करके देगी?
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Side camera not required
It's irritating too
Right 👍
If you use it with better angles, not adjacent but some where in between front and side will give a better documented video..cheers
Absolutely very irritating
😅😅😅😅😅😅
My 2100 Rs is blocked and transaction in processing stage from last 21 days in kotak digital rupee wallet and there are no customer care number, in app support always show error.... Never use it for bigger amount.
e rupees is a scam.
Thanks for the info. Will wait for the system to stabilize before trying out.
Damn it, i just installed kotak digital rupee but it was asking my debit card details and i dont have it at the moment 😂
Kuch solve hua kya ?
UPI lite is also Digital Wallet and small transactions are being done extensively and advantage of Digital Wallet of CBDC is not there.
Sir ji Aapne iske limitations nahi bataye. Iske limitations ka Part-2 video banaeeye.
Very informative as usual, since long your subscriber. Thanks ...!
Basically the Banking CBS system is getting affected due to the tremendous high volume of transactions on a daily basis done by UPI and MMT, so even for a single penny transaction happened through the CBS system which may later increase load on the system. Now the banks are not earning any revenue through UPI and MMT. So they are not interested in increasing their server Bandwidth. So they are looking for another option of bringing block chain technology to avoid any transaction through the CBS system. So simple.
Wow, you gave a solid logic which I was not aware of.
Banks are not free to do it,, they are bound by banking act. All participating banks are compensated by RBI yearly for UPI. This year bill grew upto 2000 crore rupees. Of course same burden is shared through enhanced taxation from all.
Agreed to all points,must needed this process very quickly
It is certainly a must have technology mainly because we shouldn't be in a position that other countries have it and we don't. But I don't see much benefit of it. The biggest benefit is lower value transactions which is really not a big need. But there is a big disadvantage that it will give Govt full visibility on where all notes are moving. This is something which is not possible today and it will give Govt a new power. Which if used positively, will reduce crime but if used negatively, will create a big brother state.
Exactly my thought, it is a tracking system,
Why government tracks money,, to detect unaccounted, black money only. If one is not indulged in shady business, why fear?
I feel, the main problem with CBDC is Anonymity. Police and law enforcement will bully us. I think cash will still be king unfortunately. However, if there is Anonymity for say upto 50k-1L ₹, then things will be easy to adapt..
All transactions above ₹10,000/-in saving account are referred to IT. This is not way out. esp when he dies not pay IT. One needs source of legitimate income to spend as per Finance minister.
utility wise itz similar to mobile wallet?
Sir, limitations bhee bataiye......
I think UPI Chargable ho jayga!
Icici fasttag Mei upi chargeable ho chuka h
@@CHARANSINGH-lk5wbkotak bank m bhi
भौमिक जी, UPI मे बँकको रेकाॅर्ड रखना ही पडता है जिसके लिये MDR की सुविधा है जोडलेले 1%से 3% तक होता है.. भारतमे MDR कँसल नही किया है लेकिन Zero किया है कभीभी चार्ज लग सकता है दुनियाभर मे लगता भी है I
ऐसा कुछ भी CBDC मे नही है चूंकि यह कॅश ही है IUPI कॅश नही बल्कि एक पद्धति है I
UPI और CBDC दोनो ही RBI के ही मातहत है I
कल चल के भी CBDC ॲप बँकके पास ही रहेगा या फिर RBI एक नयी कंपनी भी तैय्यार कर सकती है I आज ही अगर UPI 3% MDR लगा दे तो सारे CBDC मे आ जायेंगे I जो RBI नही चाहती I
CBDC ॲप द्वारा, आज ही ₹500/-के नोट RBI,,, बँकोसे वापस बुला रहा है I RBI जब बँक को e₹ देता है तब पेमेंट केवल ₹ 500/- के नोट मे ही होता है और किसी बँक ने ₹200/- e₹ माँगा, तो RBI ₹ 500/-नोट, बँकसे लेता है ₹100/-के तीन नोट वापस करता है और ₹500/-नोट अपने पास कारवाई के लिये रखता है, वापस बँक नही भेजताI
Cash ko use kro online k chakkar me mat aao
Cash is king....old is gold
Excellent video as usual. How could you not mention UPI Lite which is again for same purpose
Yes right me bhi daily ke rs.5 -10 ke payment UPI lite se karta hu..chai paani ka...
I think UPI Lite was brought 'cause. to get habitual to wallet system. The same system is used by CBDC apps.
When you send money through UPI lite. The money is recieved in UPI not in UPI lite of receiver.
UPI is bank dependent where as e rupees once generated it is free form bank i.e. bank does not involve in e rupees transaction.
@@SaurabhKumar-rd2ll Saurabh ji, all banks who are issuing CBDC app,,, are authorised for CBDC use.... Not others.
Nice video about digital rupees .🎉🎉🎉
Being UPI free, no one, except enthusiast are ready to open CBDC wallets. Scenario may change after payment agregators like Phone pe, may be issued licenses to deal in CBDC.
Ager hamara phone kho gaya to digital cash bhi gaya, Per digital cash ka sabse bada fayda tab ho sakta hai jab ham kisi aise jagah per ho jaha network na ho aur Bluetooth ke jariye transfer ker sake.
Thanks 🙏
If UPI becomes chargeable, then better n wise to use cash
How it will reduce financial crimes explain please? Only saying is not enough.
Money can be tracked down
Jay Bharat
Very nice step by step easy understanding way.
Good wishes for your future
Don't use side camera... It distracts
My Suggestion is more than 10000.00₹ UPI payment 1₹ charge must be.
Side camera not Required I think
Sir online fraud will increase in this case and illegal case of transition will increase .I think .is it so ?
Thanks for keeping us updated. I have a query though, first use case you mentioned, through digital wallet transactions there won't be intervention of banks. But only by linking to bank accounts can we store the money in digital wallets right? So, is the non intervention of banks that you talked about applicable only when both parties have already added money to wallets from their bank accounts?
Sir, Running project is pilot only, not final version.
Sir wallets are not for storing money. It does have money limited to expenditure. If there is balance, remit it back to bank account. One will get interest also. When need arises, fill wallet from bank. Loading is very fast.
Except helpful for tourist I don't see any incentive to the people.
But it will definetly save those 2.x% interest on our money.
Agree to all the advantages discussed but sooner or later govt. will transfer the cost of maintaining eRupee system to us in the form of another tax/cess.
Cash lead to lot of problems like terrorism, black money but eRupee won't be as convenient (a phone or digital device will be required with active network connection to use USSD/sms/app).
Unless eRupee is incentivised and made better than UPI it's not making sense. Just degrading UPI by charging fees will not help.
While using UPI we are already helping govt. to save on printing notes.
Just joining a good cause is not always a right financial decision.
One more distinction between digital and physical rupees is that the former can be counterfeited, while the latter cannot
How? Can you elaborate? You probably meant the latter can be counterfeited.
Bhai sahab, ground pe customer ko thikse cheque/withdrawal slip bharne nahi aata, debit card ka pin set nahi kar pate log, upi karneke baad passbook print chahiye logo ko. Rs 200 500 nikalne ke liye bhi log adha adha ghanta line me khade rehte hai. Digitalization bass urban aur metro cities ke young logo ke liye hai ,aaj bhi majority log bank me hi jake withdraw karne ko safest maante hai
True
But bank withdrawal
is becoming costly day by day. even via ATM. Withdrawals have limitations otherwise heavily chargable including ATM service. Beyond 3 to 5 transactions per month.
Without having a bank account, you can not get CBDC. So, a bank account is necessary for CBDC. Moreover, excess CBDC can be easily traferred to bank.
how one can withdraw money in physical form from a digial wallet , if we do not have a bank account..?
This facility is not needed because all CBDC account holders are having bank apps only. Wait for future pl.
Hello Sir I like your context every time and use to watch your videos but I have a question If you can please answer that for me.
NDTV profit logo in left top corner, Why❓
I think there are many more you want to know why Adani NTDV is flashing on your video.
Unique topic
How can digital cash be used by Indian national during his foreign travel ? Which countries can be covered ?
Can we make UPI payments using digital rupee?
it is mainly for reducing the currency printing cost.
UPI already saves that..why the need for a CBDC?
In UPI you bank still holds the cash. Maybe CBDC can form the second layer of upi between banks.
can we use it now
So will digitap wallet tell me how many notes i have of 100 denomination or 50 denomination if we are going to have serial numbers too?
Yes serial number on all notes in your wallet
Note number of notes by pushing one note at a time. At present there is no other way.
Note number of notes by pushing one note at a time. At present there is no other way.
@@purnimachaudhariyou can enter the total amount you are wanting to have in your wallet this option is available.
ek major issue solve hua hai e rupi se
e rupi wale cash ko easily government block kar sakti agar aap government ko galat bolenge
sahi hai phir government ko koi oppose bhi nahi kar paayegaa
Video is very good and informative but I m user kotak digital rupee, no customer care is working and no one is answering my query regarding unsuccessful transaction neither app,and neither branch ,i think it is started without proper preparation and training and I m suffering this as a customer
For normal person how is digital rupee different to debit or credit card since it’s the same value?
For this transaction other party must have digital wallet?
What about buying car or house payment restriction??!?
If banks aren't involved in CBDC transactions then why banks are developing erupee wallets? Why RBI didnt develop one apps that all users can use.
If banks aren't involved then why can't I sign up without bank account /debit cards?
Sideview angle not required
SBI Digital application do work properly....... Good video.
Digital India,, Future of India......,, Digital money
How can we get digital rupee in our wallet/ mobile phone if our bank is not invoved directly?
If someone has no job or salary, he is earning 5-6 lakhs annually through share market only using intraday and swing trades. Is he supposed to pay according to the income tax slab rate or STCG tax?
Excellent video and clear explanantion!
Two Questions (1) Coin does not have Serial No ? (2) Suppose I have to Pay ₹ 99.85?
How can financial frauds be controlled by Digital Cash use ?
Bahut achhi jankari.
Sir, I am a beginner .
Kya kisi company ka total interest = debt to equity +operational ratio ka interest coverage, In dono ko jorker(+) hota hai kya ? Please reply kare sir .Aap bahut sahi batate hain .Dhanyabad .
Sir mera pnb digital rupee me payment load kar rha hu to wallet kuch exceed limit bta rha or redeem kar rha hu tab bhi wallet axceed limit bta rha or kisi ko transfer kar rha hu same bta rha kya karu sir please help ❤❤❤❤
Full video k baad bhi abhi abhi samajh nahi aya
Mai upi he ku nahi karu?
Transfer me bank ki jarurat pade ya na pade,koi fark padta hai ?
Bina internet k physical cash ki tarah bhej sale to Baat Hai.
Warna kya drama karna extra apps and passwords rakhne ka
Whenever I have to pay merchant, I load that much amount and pay to merchant.
This solve my two issues. There will be no risk of hacking. Secondly I will get interest on saving in bank.
Sir Lic aur PIL k liye video bano isme kon best rahega
Jo ek smartphone nehi afford kar sakte unka keya, wo ise keyse use kar payenge aagar government fiscal notes ko e rupee se replace kar denge to,
India up to 30% population eysa hai jo log abhitak 1500 ki mobile or har mahina 300 rupaye recharg afford nehi kar pa rehe hai wo iska fayda keyse lenge
Agar sabji Wale ke pass phone n ho to digital rupee se kaise payment kar sakte h?
Good News
So nice discussion
Something like this can wipe out corruption, we can put logic that money can be used for certain purposes only.
All will adopt digital wallet and currency notes will be replaced . Banks will stay as it is
Sir digital cash ki koi aap aa gyi h ya aane wali h
Different banks have different e-wallet banks!
What is the difference between digital rupees and wallet amount (paytm, phone pay). I guess these are same except currency identifaction like unique number etc. please explain
E rupee reguler kab hoga.?
Great 😃 👍
Benefits are major to Govt, not common man. In this world, nothing is benefitted to common. Digital Wallet is without mobile, yes, than good. Track. Now if mobile is list, its as good as LOST.
Thank you ❤
Will traceable digital notes help catch scammers?
Bahut detailed mein samjya ya hey..thak q
Best information for eRupee
E wallet me paise add kaise krna ? Paise ayenge to hi transfer kar payenge na ?
beautifully explained
I have been made two transactions of Rs 950/- on 09/02/2024. It had deducted 1000/- two times of 500 Rs notes. But both transactions shows payment in progress till now 23/02/2024. How will I get my 2000 Rs.? To whom I complaint it? What is its customer care number? Please tell me.
Very well explained
Sir e rupee ka nuksan kya hai
Thanks sir
Whoever idea was to have side camera, absolutely not required
E rupi अँप्लिकेशन / कार्ड मे आयेगा क्या? यदी ऐसा हे तो उस अँप्लिकेशन मे पैसा पाहिलीबार bank से ही लाना पडेगा? तो bank invol होगी इसमेl या bank ही हमारे अकाउंट मे जो पैसा हे उसे e rupi मे cunvert करके देगी?
Sir hamara glat taranjection ho jata he to ham report kar sakte cyber crime me
What will be the procedure to Load e₹ wallet? If some one who don't have any bank account then what they will do?
Cash ko bank mai he deposit kr skte hai
Digital m kaha krenge deposit
Bank can't be replaced
E-rupee not safe, i have uploaded 40000 in sbi cbdc and transaction failed till now not refund even after 4 months and no response from bank
Nice and very informational video
Sir kya sip mai invest karna chahiye ya nahi
Will cover this in detail
@@AssetYogi ok sir
1:02 Description Not Discription😂
Digital rupee is secured due to digital signature on every note and protected through RSA algorithm
Wallet keyc to nahihoga
Offline transaction ho sakta hai ki nahi.?
Kaun se app se ise use karna hai vah batate to bahut achcha hota😊
thanks
Hmmm NEAR FUTURE THERE WILL BE NO BANK
Informative video.
3:30 but we also carry our mobile phones
that can be robbed
Blockchain tech is best and secure.
sir how will money there be in these wallets , is it linked to bank accounts?
Isse black money mai bhi koi fayda hoga kya?????
Well explained 😊
Definitely ye video viral hoga aur definitely aap acha kam kar rahe ho aur definitely aap aur achhe topic leke aaoge😅😅
Definitely
Well informed