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Swiggy to use digital payments for delivery fleet

Founded in 2014, Swiggy aims to "change the way India eats" and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others

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Another step towards digitizing India
Encouraging Digital Transactions by exempting service tax on Cards (Wikimedia commons)
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  • Swiggy is an online food ordering platform
  • It will now allow digital payments for delivery feet
  • this method will prevent any leakage in cash payment process

Online food ordering and delivery platform Swiggy on Monday said it would use privately-run ICICI Bank to allow its delivery fleet to make digital payments.

“Through the use of Unified Payment Interface (UPI)-based solution for instant fund transfers and automated cash deposit machines at ICICI Bank branches and ATMs across the country, the delivery fleet will have a hassle-free way of transferring funds,” the company said in a statement. Swiggy operates with a fleet of over 20,000 delivery persons delivering food from over 25,000 restaurants across 12 cities.

These digital payments will prevent leakage in cash payments. Wikimedia Commons

With cash-on-delivery being a widely used method of payment on the platform, the digital payment methods allow the delivery men to quickly transfer the funds to Swiggy, saving their time, according to the statement.

“With the delivery fleet being the backbone of Swiggy, the adoption of the digital payment solutions will support the ease of operations and save their time and thousands of kilometres of travel,” said the company’s Chief Financial Officer (CFO) Rahul Bothra in the statement. The digital payment methods will also help in preventing any cash leakages, the company said.

Also Read: Rise Of Digital Media Unstoppable: Experts 

Founded in 2014, Swiggy aims to “change the way India eats” and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others. IANS

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Salary hike correlated to ease of falling asleep: Survey

The survey, conducted across Delhi, Mumbai and Bengaluru, indicates that there is also a direct correlation between productivity and sleep.

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To track poor sleep, the surveys asked questions about the frequency of insomnia, restless sleep and sleep disturbances.
Falling asleep is directly related to salary of a person. Wikimedia Commons
  • Your salary and sleep may be connected
  • High salary means more ease while falling asleep
  • the survey also shows at what time people go to bed usually in different cities

Having trouble sleeping? Your salary might be one of the reasons behind it. There is a direct correlation between increasing salary and ease of falling asleep, according to a survey.

Listening to white sounds can helps us to get oriented towards calm thoughts
High salary means more ease at falling asleep.

The India Sleep and Wellness survey, released ahead of the World Sleep Day, was commissioned by Sunday Mattresses and was conducted among 345 working professionals above the age of 25, read a statement.

The survey, conducted across Delhi, Mumbai and Bengaluru, indicates that there is also a direct correlation between productivity and sleep.

Also Read: Sleep spindles may help in improving memory retention

Over two-thirds of the sound sleepers believe they are 100 per cent productive at work. whereas more than half of those who reported getting insufficient sleep, believed they were only 75 per cent (or less) productive.

People below the age group of 30 sleep better compared to those who are older. Adults over 30 are twice as likely to have sleep-related problems and adults over 45 years are three times more likely to have sleep-related issues. Almost 40 per cent of people use an alarm to wake up. This is significantly high in Mumbai where 50 per cent of the respondents use an alarm on a daily basis.

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Sleeping is very important for one’s mental and physical health.

People in Bengaluru go to bed the earliest (between 10 p.m. and 11 p.m.), whereas Mumbai has the highest proportion of night owls who sleep after midnight. Bengaluru also has a better record of falling asleep as compared to Delhi and Mumbai and this is mainly attributed to relatively lower noise levels.

The research demonstrates that people who eat less than two hours before going to sleep are 50 percent more likely to have sleep-related issues. IANS

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