Be Speechless And Then Become A Story Teller

Travelling to various places makes you a story- teller, Travelling opens your eyes to many wonders you have been missing all those years living in a cocoon of your own. Travelling leaves you with memories that can retell to many and recount to yourself years after you have been to a place. So what is it that stops us from travelling to various destinations frequently? It is certainly the process of finalising a place followed by a long ticket booking exercise that many simply drop the idea of going out to enjoy some family time or “me” time.

But what if you were told that ticket booking tasks have now become simplified and you can book air or train or bus tickets in an instant? However unbelievable might this sound, but ticket booking has now become a cakewalk, for the hidden traveller in you.

Payworld– a Sugal and Damani Group enterprise- has come up with a highly practical ticket booking solution. Having collaborated hands with IRCTC, different airlines and red bus.in etc., we wish to provide our customers with easy ticket booking options so they can visit their favourite destinations easily. The good thing is that whichever corner of India you live in, you can still get tickets booked easily. For this, we have joined hands with retailers – big and small, across the nation. You can visit any Kirana Dukan or general store, stationary and chemist near your house and get your tickets booked quickly and easily.

With this in place, we want you to travel more and explore more. We wish to ensure that your focus remains only on travelling with friends and family while we take care of everything else. Visit your nearest Payworld Store now and fly to your favourite tourist spot or travel via train to your favourite hill station. For going to nearby places, you can even book bus tickets using our services, Payworld- Making Life Simple!

Unified Payment Interface – A Much-needed Change

Unified Payment Interface

Cash crunch has left people with no such alternate in hand. It has by-and-large affected the people who completely used to rely on the currency notes. But this is a nice initiative on the road to digitization. ’Go Cashless’ is the mantra of the age and this is step one towards the new-age revolution.

Unified Payments Interface- hereon referred to as UPI- is a new cashless payment method introduced by NPCI (National Payment Corporation of India). The aim behind the introduction of UPI is to enable real time money exchange.

Once you’ve created a unique identifier- Virtual Private Address (VPA) – the UPI  permits you to send, receive, or directly pay from your bank account. The pre-requisite for the same is: download UPI app from any bank you have your account in and sign-up with the registered mobile number.

The good thing with UPI is that it comes decked with double security measures where the M-pin acts as the second factor of security. At the time of UPI creation, all you need to do is set a 4/6 digit long M-pin by authenticating with your debit card details. If you ever forget the M-pin details, all you need to do is simply re-set it by authenticating the debit card details in the respective app.

If you are on a merchant website and wish to pay via UPI, all you need to do is enter the UPI on the check-out page and proceed to pay. Within a couple seconds, you will receive a payment request on UPI app. Select transaction and enter the M-pin.

You could even send funds using UPI. For this, select the account you wish to send money from, enter the said amount as well as the VPA of the receiver. Click on Send, and the task is done. To receive funds, perform the above-mentioned activity and click on Receive. The good thing is that there are no charges levied for transactions done using UPI. The current per-transaction cap is INR 100,000. This may change from time to time and is subject to the UPI guidelines.

Since VPA is linked to your registered mobile number, you will receive all the notifications on the given number. If you ever miss the SMS notification, go to your UPI app, check for ‘Pending UPI Transactions’, and approve/ reject the transaction request from there.

You can avail all of these services and much more 24*7. So go cashless with UPI now.

How to choose the Best Health Insurance Policy ?

healthSelecting a health insurance plan is a decision which is certainly not an easy one. It is something which helps you as well as your family when you need it the most, so ensure you pay attention to every minute detail while finalizing the one for you and your family. Many health insurance providers tell how their health insurance plans are the best for you but the reality is far from that and this comes to fore as a shock. So, how could one ensure that the plan they are choosing their plan is the best? In this blog, we talk about what all things to look closely at when it is about staying in the pink of health.

1. Understanding of Health Insurance Plans
Broadly talking, there are 2 categories of Health Insurance Plans available in the markets.
a) Individual Health Insurance Plan
b) Family Floater Health Insurance Plan
Depending upon your needs and your means, you can choose a plan out of these two. If you have a family, then you should prefer the latter plan as it is cost-efficient & time-saving.

2. Age is an Important Factor
Hit the iron when it’s hot. As they say Fun is like insurance the older you get the more it costs.So start early in your life, many policy providers come up with premiums for younger age group policyholders. On the other hand, as you age, some or the other diseases tend to surround you and you are supposed to undergo compulsory pre-policy medical checks. Majorly all Health insurance Companies goes for compulsory medicals for the client’s post 45 years of age.

3. A 360 Degree Cover-up Plan
Many health insurance providers have sub-limits and capping on their various plans. Here is an understanding of both the terms. Sub-limit is the division they come up with i.e. some have 80-20 sub-limit where you can claim only 80% of the total whereas the remaining amount of 20% needs to be submitted by you. Capping is in regards to the room rent. Some providers set a limit on the room rent they provide on their particular plan and anything that exceeds that amount is borne by the individual itself. To make sure that you get quality treatment, ensure that your plan covers everything and there is no sub-limit or capping barrier.

4. Always Prefer Cashless Facility Plans
Generally, the insurance companies ask you to pay the bill at the hospital and then apply for reimbursement. This is a very time- and energy- consuming process. In a case of an emergency, one might not even have money to pay at the hospital billing counter. So better is to go cashless when it comes to choosing a health insurance policy. This way, you just need to pay attention to your/ patient’s health while everything else is taken care of by the insurance company.

5. Check the No-Claim Incentive
If in a particular year, there is no claim on the policy from your side, many companies offer an incentive- increased sum insurance claim- cumulative bonus. Depending upon companies and their various plans, this may vary from 5% to 10% to 50%. On the other hand, some companies offer a premium reduction. Going the cumulative bonus way is always better.

6. Check Whois The Third Party Administrator (TPA)
The middleman between the Insurance Company, healthcare provider, and the customer is known as the Third Party Administrator. TPA comes to fore when it is time to process the claim. This happens to be a time-taking process as there are certain levels involved. Many companies, however- now process claims in-house. Go in for these and save a lot of your time.

7. Be transparent While Declaring Your Health Status
If you have an existing health issue, declare it beforehand. Sometimes we forget that and other times we try to avoid thinking we will have to shell out more money. But declaring it at the time of form-filing is best as it does not become a hurdle when you go in for the claim, just in case.

8. Read & Understand the Exclusions Carefully
Last but not the least, always pay attention to what is being excluded in the plan you are about to choose. Some necessary things are sometimes excluded from the policies which you realize at the delicate moment. It is sure that you check that the following don’t play a spoil-sport:
a) 30-day exclusion
b) 1-year exclusion of certain diseases and procedures
c) 2-year exclusion of certain diseases and procedures

Note: Kindly refer the policy brochure for the list of diseases covered/ excluded and the procedures involved.

Cash Point aka Mini ATM

After the advent of ATM cards, people have started roaming around with light pockets, with just a couple of ATM cards in their wallet which provide them the opportunity to withdraw cash as and when they require. While urban cities and towns have ATMs of various banks within walking distance, villages are deprived of this privilege. People dwelling in the outskirts do not get to live with such freedom and thus are always under threat of theft. Another pain-area is while we are travelling to the outskirts. Now taking a lot of cash while travelling is not a good idea but money-need can arise anytime, anywhere. In areas where ATM’s are a scarcity and one cannot live or travel with a lot of cash with them, it becomes a huge problem.

At a place where you know no one and you do not have enough cash, Payworld is no less than a silver lining on the cloud. Payworld offers a wide range of services which ensures you always have helping hand. If you are at a place where there is no hint of an ATM at a wide stretch, Payworld Cash Point  is at your service. You can just step in, at a Kirana, Stationery or Chemist store who has tied-up with Payworld and get up to Rs. 2000 instant in cash. As a traveller, this becomes really easy for one to withdraw the minimal amount of cash required and travel without worrying about any excess cash. For the village dwellers, this concept of Mini-ATM is nothing less than a blessing in disguise.

While urban towns have a lot of platforms and services which help make their life easier and worry-free, rural India is still living in a state of oblivion. By offering a plethora of services, Payworld is bringing villages close to the urban towns and cities having access to all modern amenities.