Andhra Pradesh Government launches AP Purse mobile app to promote digital transactions
Andhra Pradesh Government has launched AP Purse mobile application to promote digital transactions among the people.
It was launched by Chief Minister N Chandrababu Naidu in Vijayawada to solve the cash crunch problem in the state following demonitisaton of high value old currency notes.
Key Facts
- The application features 13 mobile banking and 10 mobile wallet options. Using this application people can pay their bills and carry out their cashless transactions.
- Besides, Government will rope agents named ‘Marpu Nestam’ to improve digital financial literacy among people. They will be provided with incentives.
- Engineering students will be encouraged to train people in mobile banking transactions using several wallets. This would help the students to earn while learn.
- State government introduced cashless transactions at fair price shops and completed 70% of transactions using Aadhaar linkage to provide relief to people suffering from shortage of small currency.
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Month: Current Affairs - December, 2016