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Cashless transactions at Kukatpally vegetable market; IDFC, Harish Rao - HMTv

Sat, Nov 19, 2016, 10:16 AM
Watch the video to know how you can buy vegetables in an open market, without carrying cash with you. Cashless transactions have begun at Kukatpally market yard in Hyderabad, where Infrastructure Development Finance Company (IDFC) will give you coupons worth the amount desired. Based on your Aadhar card, the bank personnel will withdraw the cash from your account, in any bank, and give it to you in the form of tokens. The vendors will treat these tokens as money. The remaining amount will be redirected back into your account, in the same way as it was withdrawn. It is simple and safe.
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