Debit card
[Representational Image] PMO India urges citizens to embrace digital life; here's top 5 ways to transact without cash. In Picture: A user taking out debit card to get cash on ATM machine.Reuters

During his Mann Ki Baat radio show on Sunday, Prime Minister Narendra Modi urged the citizens of the country to let go of cash transactions and embrace the digital payment system to curb corruption and hoarding of black money.

In that order, the Prime Minister's Office (PMO) via social media platforms has now kicked off a promotional campaign -- My Mobile... My Bank... My Wallet. It details ways to transact digitally with mobile phones.

Here's how to transact without cash:

Unified Payment Interface (UPI)-

Step 1: Register your mobile number at bank/ATM

Step 2: Download the UPI app on your smartphones

Step 3: Create your unique ID

Step 4: Set your UPI pin and you are set go. Users can transfer amount to other's bank account and also make purchases also.


Choose any of the third-party or e-wallet apps or your registered bank's apps available on Google Play and Apple App store

Step 1: Download an e-wallet app like SBI Buddy

Step 2: Register it with your mobile number

Step 3: Link this app with your debit/debit card or through net banking and you are good to go

Use Debit/Credit Cards via Point of Sale (PoS) machines-

Step 1: Just swipe your debit/credit card on PoS machine

Step 2: Type in PIN number

Step 3: Transaction gets completed with the generation of receipt on the PoS machine

Unstructured Supplementary Service Data (USSD)-

Step 1: Link your mobile number to your bank account

Step 2: Dial *99# from your phone

Step 3: Fill in the first 3 letters of your bank against Short Name or first 4 letters of Indian Financial System Code (IFSC)

Step 4: Select "Fund Transfer-MMID" option

Step 5: Enter the payee's mobile number and MMID

Step 6: Enter the amount and your MPIN, leave a space and enter the last four digits of your account number. And, the money will be credited to the receiver within minutes.

Aadhar-enabled payment system-

Citizens just need to register their Aadhar ID in banks to carry out fund transfer, balance enquiry, cash deposit/withdrawal and inter-bank transactions. This service has also been made available in shops across the country.

Also read: Top 5 measures to manage your expenses without hard cash