Amrish Rau
Shailaz Nag
Dear Friends :
I read with interest your interview in Business Line (
14 March 2017 )
I believe you have recognized what alone can work in
India , when you said :
“ Consumers are going to
ask for convenience to make payments using any form factor, and that is what everyone
needs to be ready for “
Given your conviction , you may like my following blog
With Regards,
hemen
parekh
(
M ) +91 - 98,67,55,08,08
Wake Up ,
BHIM , Wake Up !
LiveMint ( 16 March 2017 ) carries following news
report :
Samsung’s Galaxy S8 said to adopt facial
recognition for payments
“ Samsung Electronics Co.’s new Galaxy S8 will employ
facial-recognition technology for mobile payments within months of release,
adding cutting-edge security to help the marquee device stand out from rivals
such as Apple Inc.’s iPhone, people familiar with the matter said.
The Galaxy S8 to be unveiled later this month will
blend fingerprint, iris and facial detection to verify users accessing mobile
services including Samsung Pay, the people said. It’s already working with
banks to help them embrace facial recognition systems in coming months, they
said, asking not to be identified talking about a private matter. Samsung
declined to comment.
While previous Galaxy
phones have allowed users to unlock their phones with facial recognition, the
Galaxy S8 would be the first to use the technology to verify financial payment
applications.
The Galaxy S8 phone will
also come with Samsung’s own voice-based Siri-like digital assistant “
This is great news !
Just one more step left
to enable 1000 million poor / rural / illiterate , Indians to switch over to
mobile wallet based purchase transactions , viz :
GIVING PAYMENT INSTRUCTIONS
THROUGH SPEAKING TO SMART PHONE
{ Read my blog
below }
All that is required to
implement my following suggestion is for Shri Ravi Shankar Prasadji , to call
up Mr. HC Hong { President and CEO of Samsung Electronics Southwest Asia }, to incorporate “ Google Action “ into Galaxy S8
Friday, 30
December 2016
When
BHIM is here, can ARJUN be far away ?
Yesterday
, PM Shri Modiji launched a Mobile Wallet App , called BHIM
He
went on to say :
-----------------------------------------------------------------------------------------------------
The country already had more than 100 crore Aadhaar
holders with most of the adult population covered.
There was a time, he said, when illiterate people were called "angootha chap".
There was a time, he said, when illiterate people were called "angootha chap".
But now, the thump impression would make way for a
person's bank, identity and even business, he said.
"
After two weeks, when the new (Aadhaar-based) system
will be launched, BHIM will be the BIGGEST WONDER OF THE
WORLD," Modi said.
-------------------------------------------------------------------------------------------------------
BUT
HERE IS WHAT NEWS18 REPORTED :
However,
in our tests we found that while money sent to UPI addresses with a mobile
number worked seamlessly, all attempts to transact with a custom UPI address
couldn't get through. Also the transactions don't happen as fast as they claim.
There
have been reports of app freezes and "device binding failed" errors.
Some users say their back button don't work.
Even though for an app that has just
been launched, some of the processes - such as verifying an user or making a
payment - took us much longer than expected. Also the lack of on-screen
confirmations confuses. All messaging happens as notifications, which adds
additional steps and also increases the chances of a users failing to notice
them.
This are early days for the app and MORE FEATURES AND IMPROVEMENTS ARE EXPECTED SOON.
The
USP of the app is its simplicity and it
might make cashless payments more appealing for more people if the little
creases are ironed out soon.
-------------------------------------------------------------------------------------------------------
Dear
Shri Narendrabhai :
No
doubt , this is a great initiative which will help citizens to migrate to
DIGITAL PAYMENTS
But
, if BHIM has to obsolete Credit- Debit cards / Card Swiping Machines / Point
of
Sales (
PoS ) machines / ATMs etc , and truly become THE
BIGGEST
WONDER OF THE WORLD, then it would have to be SPEECH
ENABLED , as
suggested
in my following email :
-------------------------------------------------------------------------------------------------------
Friday,
9 December 2016
May
be not yet , but it can most certainly read every blog and every email !
And
even take " ACTIONS " , if it contains any useful suggestion
In
my blog ( sent as email to NDA Ministers / Secretaries etc, on 02 Dec 2016 ) , I wrote :
-------------------------------------------------------------------------------------------------------
Dear Shri Amitabh Kant :
There
is no doubt , you will encourage PRIVATE SECTOR players to launch Mobile Wallet
apps
But
you have this opportunity to SIMPLIFY the
use of Mobile Wallet Apps - the use , which appears
" daunting " to rural folks
Here
is how :
mobile app , linked to Jan
Dhan A/c and to Aadhar Biometric verification
of the user )
*
Citizen can download M-Rup ( whether on Smart phone or on
feature phone ) ,from
Google App store
* M-Rup can be activated only after user
enters his Jan Dhan A/c number / his Aadhar
Card number and his Mobile number , in the App
*
At the time of " Activation ", let the M-Rup wallet get filled up with Rs 100 ( as a freebie )
*
This initial loading of M-Rup with
Rs 100, to happen, even if the user has no Jan Dhan a/c
*
This initial loading will enable the users to " experiment " transferring or receiving
digital
money ( even between friends , none of whom have Jan Dhan accounts !). Make it FUN !
I
am sure , you will say :
"
How does this make M-Rup any DIFFERENT from
any other Mobile Wallet app ?
Where is that SIMLIFICATION of use ? "
Dear Shri Amitabh :
Like
you ( and of course , Shri Modiji ) , I have a great faith in the ability of
Indian software engineers ( local or NRI ) to come up with revolutionary
solutions / innovations !
Just
ask Sundar Pichai , Sam
Pitroda , Satya Nadela , Sachin Katti , Pranav
Mistry , Sanjay Sarma , Nandan
Nilekani etc , if they will help implement
the following :
*
Buyer buys something worth Rs 100 from a shopkeeper
*
Buyer and the Seller , look into their own mobile-cameras ( of smart
phones
loaded with M-Rup ) for biometric Aadhar identification / linked to Jan
Dhan a/c
*
Seller speaks in his mobile : " Muze Sau Rupiah dedo "
*
Buyer speaks in his mobile : " Inko Sau Rupiah dedo "
*
Message flashes in the mobile screen of Seller : " Tumhare account-me Sau Rupiah
Jamah ho gaya / GST bhi kaat ke Sarkar-ko bhej diya "
*
Message flashes in the mobile screen of Buyer : " Tumhare account-se , Sau Rupiah inko
Bhej Diya . Abhi balance me teen sau sath rupiah bacha hai "
I
request all concerned , not to insult our engineers / scientists / geeks , by
doubting if such SIMPLIFICATION (
based on day to day spoken
language ) is possible
Doubting
Thomas may want to look up ... PILOT
This
is the only way rural India can bypass the Jurassic Age of Plastic Cards to
usher into a CASH-LESS society !
-------------------------------------------------------------------------------------------------------
Dear Shri Amitabh Kant :
While
congratulating you - and your entire team of dedicated professionals - I
request you , not to stop with
launch of AEPS mobile app
Please,
do come up with a version which enables millions of not-so-savvy Indians to
just give a " Voice based Instructions "
to AEPS app , for all of their Digital Payment transactions, in language of their choice
-----------------------------------------------------------------------------------------
Question
: Did Sundar Pichai ( Google ) read this email ?
Answer
:
Absolutely
! In case of doubt , read following news appearing in today's ( 09 Dec 2016 ) , Hindustan Times :
GOOGLE
TAKES ' ACTIONS ' TO ITS AI ; TO PARTNER INDIA's GUPSHUP
Internet
giant Google on Thursday said it was bringing Google Actions to its powerful artificial
intelligence platform,Google Assistant
Called Actions on Google, the development interface will allow
companies to integrate direct
actions or directly embed the Google Assistant in a range of devices....
"
Coming soon : Build Conversation Actions using API.AI
and other tools ", the web site said
"
The bot landscape has grown exponentially in the past year , enabling a world
where intelligent , conversational interfaces will be all around us : at work,
at home, on everyone of our devices and appliances " , Beerud Sheth , CEO ,Gupshup said
In
view of the ongoing shift to CASHLESS
TRANSACTIONS , banks and NBFCs can take advantage of the move to
build INTERACTIVE VOICE-DRIVEN
apps
-----------------------------------------------------------------------------------------
Besides
Google , I hope members of the Chief Ministers' Committee appointed to advise
the government on DIGITAL PAYMENTS , will read this email - then call
up Beerud Sheth on,
+1-855-982-2997
17 March 2017
www.hemenparekh.in
/ blogs
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