(written by : Shekhar rai, Extension officer, Car Nicobar)
As part of the campaign of the Nicobar District Administration to make
Nicobar Cashless, the first POS machine was installed at AC Enterprises, HQ
area, Car Nicobar in january 2017. As per the Proprietor Mr. Ganesh, transactions amounting to
one lakh rupees have already been done since the installation. At present, on
an average, 35 to 40 transactions take place on a daily basis through
the machine.
In addition to the POS
machine, Mr. Ganesh has also set up a PayTM QR code for the customers willing
to go for mobile internet based PayTM wallet transactions. On enquiry upon the
popularity of online transactions, it was informed that due to intermittent
mobile connectivity in the islands, people are more inclined towards POS
machines rather than PayTM.
Drawing
inspiration from the business strategies of Mr. Ganesh, more merchants have
come forward for installation of these machines and accordingly, have placed
their requests with the State Bank of India, Car Nicobar. It is expected that
by the end of the current Financial Year, majority of the shopkeepers and
merchants of Car Nicobar will possess the POS machines which will truly benefit
the people of the island.