Tag: Money

Get Smart with FinSmart E-Learning for Investors

Posted on by Aziz Ampanwala

We have a habit to be unorganized and casual about how we spend our  money, but what if we realise the potential of our hard earn money and make it earn for us, sounds like I am cracking a joke, right? Well! I am not because recently Finsafe have released an e-learning module named FinSmart to provide a scalable learning solution on personal wealth management.

Bangalore, India, April 20th 2016.

Finsafe India Private Limited has launched an e-learning module providing comprehensive information regarding personal wealth management. The 2 hour long module named FinSmart is aimed at people who want to make the most of their disposable income. It’s an excellent option, rather than just saving money and earning literally nothing out of it, learning and understanding different way to invest money opens up windows for better chances of ROI.

FinSmart covers basics of investment and concepts like inflation, compounding and risk in great detail. Investment tools such as mutual funds, debt instruments, insurance and pension, as well as factors affecting them are described in depth. Users also gain from a comprehensive financial planner, a model portfolio and the facility for making online investments.

FinSmart is an initiative of Mrin Agarwal, who won the CNBC Grand Jury Award for work done towards Financial Inclusion & Education in 2015. Mrin is also the co-founder of Womantra, a training program aimed at enhancing financial awareness among women. Womantra has trained more than 5000 people across 40 corporates across India over the last 2.5 years. The training sessions conducted by Womantra brought out that most young professionals in India were not prepared to achieve their financial aspirations and further highlighted the critical need to raise financial awareness and inclusion.

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Finsafe was created with the purpose of being a knowledge repository that simplifies financial information and empowers people to create wealth. “In a surging economy like India’s, it is crucial that individuals are informed to take effective action to improve overall financial well-being and avoid monetary distress.” says Mrin Agarwal. A Standard & Poor’s Financial Services LLC survey has found that more than 70% of Indians fare badly in financial literacy.

Finsafe’s efforts converge towards building a more financially inclusive future and FinStart is designed to address the investor awareness gap. FinStart is among the first of its kind opportunities for Indians to learn all about wealth management and investment at the place and pace of their choice.

About Finsafe India Pvt. Ltd.

Finsafe is a finance education & inclusion organization focused on equipping people with strategies to handle their money with focus on goals, growth and safety. Finsafe is a pioneer in bringing e-learning solutions on personal-wealth management to India. Learn more at www.finsafe.in .

Dont just Pay – PING PAY – Go Social By Axis Bank

Posted on by Aziz Ampanwala

What is the first thing that comes to your mind when you think of transferring some funds to your family, relatives, friends or office colleagues?

1) Go to bank and deposit cash/cheque transfer

2) Use Net banking, add beneficiary wait for a day for approval, and then transfer through NEFT

Anyways the above options works but not that effective when it comes to instant transfer, so to make things and life more simpler and fun Axis bank recently came up with a unique app named PING PAY, which is very social in nature and functionality, it gets connected with all your social accounts such as Facebook, whatsapp, twitter, google+ and many more and have them in your app list. Now you would ask yourself how it functions. How can i transfer or receive funds? SO on and forth, let me just share you some of the highlights of the app and how it does function:

 Before I start and explain you about the app, let me just tell you that this app “PING PAY” can be downloaded by anyone may it be Axis Bank Customers or non Axis Bank Customers, you will find out how it works in my briefs, to send and receive money, recharge both need to have the app on their respective devices to complete the process, mutual understanding I say :), though you shall require a Axis Bank account to send money and recharge or check your account balance. To receive funds you shall require linking your account with PING PAY app which is a simple process of providing your banks details, you can always add multiple accounts to it of different banks, so much for the versatile options in PING PAY.

 Let’s start off with registration process, it’s a simple 2 stage process in which:

1) You have to enter your mobile no. and accordingly you shall receive a confirmation code

2) Enter the confirmation code which you have received through SMS/Call and bingo you are good to start.

 After you are registration is done, the app will prompt to select social connects you want to activate and add in your list, some options of social connects will include: Whatsapp facebook, Twitter, email, SMS. Once you have activated the desired accounts a screen comes up prompting “Money”.

 So, what next? After the registration is done you can send money, receive money, send and receive recharges or simply know your Axis account details.

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A quick guide on how to send money through the Ping Pay interface,so once the registration is done you will get a while screen with a vivid pink button saying “Money”

1) All you have to do is press hold the button and drag it upwards towards the screen and you will see options popping up asking add friend and showing your recently sent connect details.

2) You can choose either of the options, if you select the add friend option, a side bar slides and show from which social account  you want to  choose the receiver of amount,

3) Once that is done you will see a screen that asks you to fill in the amount and confirms to whom you are sending the amount, to give it a social and fun twist you can add in dialogs pre feeded or type in with photos and voice record options as well,

4) Once all that jazz is done now the critical part, you have to set a PIN so that its secure and once you set the PIN you can either SMS or call the person and share that PIN, so that he can successfully do the transaction once he receives your LINK through PING PAY app, Ola money has been sent to the concern person, isn’t it simple!!

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 How to link your Axis Bank account with PING PAY app?

 Provide Internet Banking or Debt card details and you are ready to go, do those transactions!

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 How Receive Money through PING PAY:

1) As mentioned above the sender shall send you a link of the transaction and PIN code.

2) Once you open the link, you will be redirected to the app, if you have not downloaded the app it will prompt you to download it.

3) Then, once the app is open, in the notification panel you will have the feed of amount received and pending for approval (you must be thinking who will not accept money coming in right? But what if the amount is not satisfactory or over satisfactory, then you can proudly reject it).

4) Once you open the message, details of the transaction will be shown, after you approve the transaction, the app prompts you to select in which account you want the transfer to be deposited, isn’t that so convenient, I bet it is for me.

5) After you select the account, you have to enter the PIN (remember when the sender was completing his transaction he had to encrypt a secure PIN) and transaction completed.

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How to Ask Money through PING PAY, sounds interesting already!

1) All you have to do is press hold the button and drag it downwards towards the screen and you will see options popping up asking add friend and showing you’re recently sent connect details.

Note**: All the other options after point no.1 one is to be followed as per sending money details which is mention above, there won’t be any secure PIN option as no transaction is made and it is just a request.

Now if you are a NON Axis Bank customer using the app and you want to contact Axis Bank to open a account, then you can avail the option of sending a request for the same, just press hold the pink Money button and drag it upwards, a message will pop up saying you need to have a Axis Bank account to avail the services, and to open a account you have to press OK, a form comes up with basic details requires and they shall contact you with more details about the Bank.

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This post is about ‘Digital Axis‘ meet conducted by Axis Bank in association with BlogAdda.com 

Business Mantra – No Bargain

Posted on by Aziz Ampanwala

I was at a bakery shop, went there to purchase a cake for my friend’s Birthday, there were some yummy cakes in the offering with wide variety up for display to choose from, however the prices were not as pretty so i gave a bargain price to the Shop owner, after which he showed me a board … let’s have a look:

Customer Sign Board

Think about it

Posted on by Aziz Ampanwala

Fiftieth Post – Limited Edition

 

There was a day when Money was just a bargain to buy chocolates, sweets and all the yummy delights,

 

Now is a day when money is bargain to catch up with life.

 

Think over it and there is a deep thought behind

 

If this is what you opted for then you are in a big decline.

5 Ways to Make Your Website a Lead Generation Machine!

Posted on by Aziz Ampanwala

Like just about everyone else who’s forked over a fair sized chunk of their year’s marketing budget to achieve a killer online presence, you’re looking forward to a rush of new sales, right?

Bad news: it isn’t going to happen. And that doesn’t mean your website isn’t good – it’s more likely because your website’s been left to go it alone.

The simple truth is that in the majority of cases websites for businesses is a sales tool, not a sales vehicle. So if you want to dramatically boost sales and see your website as an ideal place to find new prospects, you need to incorporate the same techniques used in face-to-face selling to make them convert. That, of course, begins with prospect follow up.

About 80% of the sales initiated through website contact are made after several contacts have been made. Why? Because people rarely visit a website and immediately buy (unless it’s an e-commerce site), so if you don’t maintain ongoing contact you’ll miss out on a significant amount of potential new business. Don’t let that happen – make the most of every selling opportunity by offering your site visitors information of value so they will tell you who they are in order to get it. Case studies, white papers, check lists, guides and e-publications encourage visitors to come back regularly looking for fresh content – ask them to identify themselves and you can actually notify them when that new content becomes available, along with whatever else you’d care to promote. Once you’ve established the contact, follow up with more of the information they’re looking for and your chances of getting them to buy will be far greater. Here’s how to begin:

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Credibility = Trust
The more useful and relevant information you provide to prospects, the more belief they will have that your business can be trusted. By offering credible information that delivers value, you demonstrate that you know what you’re talking about. As a result, site visitors will be willing to provide you with their email addresses so you can give them even more – they may even fill out short surveys to tell you what they really want. Before you know it, Presto! A brand new prospect list is born.

Playing With Emotions
With every message you send to your new list, you should emphasize the “want” your product will satisfy. Saving money? Saving Time? Adding convenience? Remember that people buy first because they want and second because they need, so your messages need to address both the emotional and the tangible.

Building Copyright Value

Building Value
Each time you contact your prospect the value of your “offer” should grow. It might be a limited time bonus, special discount or something else you know your prospect will appreciate. By limiting the time available to act, you work to push your prospect toward making a buying decision.

Making it Real
Once you’ve hit the emotional element of decision-making, be sure to focus just as pointedly on the practical. Give prospects sound, logical reasons to buy, based on facts. Pinpoint the results they will see, the savings they will realize or the efficiencies they’ll gain. Be specific and use examples – pie in the sky just isn’t credible.

Positive Reinforcement
Testimonials in the form of case studies work well to attract prospects with similar “pain” to your customers. Because, if you can eliminate your customers’ pain, it stands to reason you can do wonders for your prospects’, too.

Now – take a good hard look at your website. Does it offer value? Does it give prospects an opportunity to ask you for more? Does it give you an opportunity to learn about them? If it doesn’t, shouldn’t you be doing something about it?
Knowledge is power. Make it work for your business.