After the government of India demonetised the Rs 500 and Rs 1,000 notes, people have expressed a bit of apprehension over making payments, which were earlier done by cash with the old currency notes. Now, with banks and ATMs flooded with people wanting to either exchange their notes or deposit them, cashless transactions could come to the rescue. The most simple of the cashless money app is Reliance Jio's JioMoney.
Check out the list of activities that can be performed as far as payments are concerned:
- Pay electricity bills of MSEB, BSES, BEST, Mahanagar Gas, Gujarat Gas, GEB, and others
- Pay premiums for insurance policies
- Online shopping at all major e-tailers and eStores
- Send and receive money to and from family and friends
- Mobile and DTH prepaid recharges of Airtel, Vodafone, Idea, BSNL, Reliance, MTNL, Aircel and Tata Docomo; along with Dish TV, Tata Sky, Airtel DTH, Videocon D2H, Sun Direct and Reliance Big TV
- Receive customised deals, coupons and cashback directly on your Reliance Jio phones from local merchants/sellers
- Easy transfer of JioMoney balance into your bank
As far as the devaluation of old Rs 500 and Rs 1,000 notes are concerned, the old currency will continue to be accepted at vital places until November 14-midnight. These places include government-operated petrol bunks; cash counters at court halls, toll plazas operated by NHAI and crematoria across the country.