What Is Bharat QR Code & How You Can Benefit From It

Post demonetization, the BharatQR payment mechanism has set a new benchmark being the world’s first interoperable payment acceptance solution. The integrated payment mechanism leverages the Quick Response (QR) code system for accepting payments from customers directly into merchants’ current accounts. It has been developed by National Payments Corporation of India (NPCI) in collaboration with Visa, Mastercard, Amex and Rupay.

According to industry estimates, non-cash spending is expected to overtake cash spending by 2020. At Pine Labs we are committed to help merchants adopt digital payment methods. To drive electronic transactions, one of the biggest needs is infrastructure. And BharatQR essentially eliminates the requirement for capital and operational expenditure.

Here’s how your business can benefit from this method of payment:

Enable cashless transactions for customers without cards

Customers can carry out cashless transactions without any physical credit or debit card. Payments are made through smartphones having BharatQR-enabled banking apps. This payment system supports Visa, MasterCard, American Express, and Rupay cards, and BHIM-UPI for wide acceptance. You can link multiple cards to your BharatQR supported bank apps and select any one of them based on your need.

All that customers need is an app with the BharatQR payment feature. To make a payment, they need to click the BharatQR icon, scan the QR code at your store, enter the amount and their 4-digit passcode. Viola! The payment is done. Once the authentication is completed successfully and on settlement, the amount is transferred to your account.

How To Calculate Depreciation In Your Business

A business that owns capital assets such as real estate, vehicles, equipment and furniture must calculate depreciation expense on those assets in order to deduct the cost of the assets. According to the IRS tax code, capital assets like equipment and furniture should be initially shown in the balance sheet of the financial statements and they would appear as equipment and furniture at their original cost. The deduction for depreciation expense is then taken over some specified period of time. There are several depreciation methods that can be used for this calculation. All depreciation is shown on Form 4562, and this attaches to the individual federal tax return.

Select straight-line depreciation if you want your business to have an even deduction for your capital costs over a longer period of time. For example, a piece of machinery that cost $70,000 is considered an asset with a seven-year life, and if the straight-line method of depreciation is taken, a deduction of $10,000 will be taken each year for seven years.

Select accelerated depreciation such as the 200-percent declining balance method if you’d like to take a larger deduction the first few years. This method is determined by taking the straight-line figure and doubling it. For example, if the straight-line method showed a depreciation deduction of $20,000, the double-declining balance method would allow $40,000 ($20,000 times 200 percent).

Dublin Tech Summit in April

Since the Web Summit left Dublin, it left a void that was waiting to be filled and Dublin Tech Summit was created to fill that void. For the first two years of its existence, it was held in Dublin’s National Convention Centre but if it was to expand or grow it had to be held elsewhere and this year it is been held in the RDS.

When you mention the words RDS and Tech Conference, the first thing you will be thinking of is Wi-Fi especially with around 10,000 attendees attending over two days. But bar a few minor hiccups there has been no major Wi-Fi issues and more importantly no long queues for some of the talks.

One major criticism the Dublin Tech Summit faced was having major speakers speaking at the same time, which forced you to decide which speaker you wanted to see. Thankfully this is no longer an issue and with various stages there are plenty of different talks that you can attend. Today most of the talks seem to be covering or mentioning two areas, AI and security. This is because AI is now powering a lot of the technology that we are using and will be using and GDPR has had a major impact on security.

Book Sziget Festival 2019 Tickets

Festival lineup: Ed Sheeran, Foo Fighters, Florence + the Machine, Twenty One Pilots, Martin Garrix, The 1975, Catfish and the Bottlemen, Jungle

Sziget is one of those festivals that could never spend another cent on marketing and still sell out every single year. Its reputation precedes it by almost a decade, and Budapest makes an incredible host city.

When & where: 7-13 August 2019; Budapest, Hungary

Funding on CAPS Initiative

This queen of the mash-up leads her loyal subjects to the Maltese coast for some fun in the Mediterranean sun. AMP parties are legendary for their outstanding line-ups and Lost & Found does not disappoint. Expect to see the best house, techno, grime and bass DJs at castle raves, pool parties, in boats and at the Hidden Nighttime Arena.

The Dublin Tech Summit have learned from the previous two events and have done a great job in a new venue. They have also managed to get great a line-up of speakers from Chris Hadfield through to Brenda and John Romero. I will be at Dublin Tech Summit tomorrow along with other members of the Irish Tech News team and if you see any of us feel free to come up and talk to us.

Line-up includes Annie Mac, The Black Madonna, Chase & Status (DJ set), Artwork B2B Horse Meat Disco, Bugzy Malone, Peggy Gou, Shy FX, Skream, Toddla T.

Oktoberfest`s events 2019

The record-setting 2018 Oktoberfest was the Oktoberfest to end all Oktoberfests. But, lucky for us, it didn’t! Woop woop! Raise the roof your glass! Oktoberfest 2019 will go on as planned and it’s up to us to make this year even more epic than the last.

And how will we do that, you ask? By attending parades and concerts and contests (always shoot your crossbows responsibly, folks). By riding rides and watching guys with whips and trying new foods we can’t pronounce (just trust us on the dampfnudel). And by consuming more than 2018’s record 7.5 million litres of beer. It can be done! The time is now to plan your strategy—start here with the Oktoberfest 2019 schedule of (really awesome) events.

Oktoberfest 2019 Schedule of Events

Saturday, September 21st

9 a.m. | Oktoberfest begins! More or less! Beer won’t be served until noon so that gives you three hours to get your rear in gear. I hope you wore your running shoes and your… athlederhosen? Sure, that works.

11 a.m. | The Oktoberfest opening day parade works its way from the Marienplatz to the Theresienwiese. Tent owners, landlords, event hosts and their families (i.e. your new best friends), and the local breweries arrive to the Oktoberfest grounds on horse-drawn beer carriages. The lavish parade of about 1,000 participants is lead by the Münchner Kindl, Munich’s beautiful female monk mascot, because why not? To follow the parade, check out this map (red line).

Noon | O’zapft is! – That’s German for “Yay we can drink now!” In the Schottenhamel tent, the Lord Mayor of Munich has tapped the first Oktoberfest keg of 2019 – the most important item on the Oktoberfest 2019 schedule of events, no? It’s not until this happens that beer can be served everywhere else at Oktoberfest. Danke, Lord Mayor. Danke very much.

Business Startup Ideas For Quick Profits

Some people venture into entrepreneurship knowing what industry they want to conquer and what type of business they want to start. However, for many new entrepreneurs, it can be difficult to figure out how to start a business and exactly what kind of business is the best choice. It’s tough to find that perfect idea.

If you’re determined to start your own business, you probably know at least two things for sure: You want to be your own boss, and you want to make a profit. Are you still trying to find the right business idea? Get inspired by 2019’s five most profitable small businesses.

Each of these business types is growing quickly and can provide you with a good living for yourself and your family. Even better, none of them require a lot of capital to start out with. With the right combination of hard work, determination, and resourcefulness, you can start one of these profitable small businesses in 2019.

5 Creative Ideas for Conference Sessions

A planned assembly of the people apparently related to some aspect of organisational or group function is called the meeting. They can be various principles of the meeting held can be for the better development and outcome. Thus these Business conferences 2019-2020 keep the organization on track, lead the team arrive at an agreement and affects the strategy along with shaping of an organisation’s plan over time.

Business conferences 2019-2020 are the heart and soul of any organization which can lead and determine the fortune of any party. Business conferences gatherings are Powerful Business Weapon to deliver new knowledge and information, and discuss decisive issues and group projects for the benefit of organization; International meetings are the best ways to keep each other updated with work matters keeping track of individual and team work progress through a dynamic conversation. Business conferences events meetings are very essential to the success of the organization.

Office Goals For Sales Marketing

Mobile wallet apps have traditionally operated in a closed loop mechanism. This means you and your customer both were required to install the same app to facilitate payment. Examples of such systems are mVisa, SBI Buddy, Paytm etc.

With the BharatQR system, specific wallet apps are no longer required. Your customer can now choose any app integrated with BHIM (Bharat Interface for Money) and linked to his/her bank account. As a merchant, you just need the BHIM-UPI app for generating a unique BharatQR code. You can print and paste the code on your payment counter. Customers just have to scan the QR code to send money directly to your account. No other manual or electronic intervention is needed.

There is no risk of customers’ card details being exposed to anyone. There is no need to physically hand over a debit or credit card as it does not need to be swiped and hence this is no risk of data theft. There is no need to enter/reveal the mobile number or account details to make a payment either.

BharatQR makes transactions easier and more convenient for customers and merchants alike. For customers, BharatQR eliminates the need to use multiple QR codes from different payment networks when transacting with any merchant. Similarly, merchants only need to register with the bank for receiving payments through BharatQR and display a single QR code at the payment counter.