Dikhyaa Mohanty 
With the development of technology, everyone is keen to adopt the new India- Digital Indian scheme which saves time and, in this pandemic, it seems like a safe option too. Now Bhubaneswar Municipal Corporation (BMC), has entered into a joint venture agreement with the e-commerce giant Paytm to bring the cashless revolution in, at least, the vending zones across the Capital City.
According to the official reports, BMC has marked out a plan to implement digital payment and cashless transactions services in over 9000 street vending stores. The plans included a tie-up with an online payment platform to put across a digital transaction infrastructure in the capital city. The civic body will roll out the cashless transaction services in the vending zones within 3 months.
The BMC’s cashless drive in vending zones is being seen as State’s measure to push online transactions.
The BMC pact with Paytm carries a lot of incentives like – Paytm will reward the customers as well as the vendors after a minimum of 25 transactions every month. The payment platform will also come up with a proposal of loan facilities for shopkeepers subscribing to the online payment system.
BMC Deputy Commissioner, Pramod Kumar Prustry stated that in the first phase, they have sent the list of street vendors across Bhubaneswar to Paytm. If a vendor transacts digitally at least 25 times in a month, he/she will get rewarded by the company which will directly get deposited in their respective bank accounts.
