Class 12 English Unit 6: Money and Economy: QR Code Writing: News Article Language Development Section

 

Writing: News Article

Click for How to Write News Article:  https://www.youtube.com/watch?v=9tZfhExm7kY

A.   Punctuate this paragraph with appropriate punctuation marks.

Answer:

It was a cold freezing day; it had been snowing all day in New York. Mr. Tim cooked and I went outside to play in the snow. We had not seen much snow since we went skiing in Sweden last year. Mrs. Smith was right because she had said that we’d see snow. The next day we had a wonderful time there, didn’t we?

B.    Write a news article about digital payment systems in Nepal.

Digital Payment Systems in Nepal

Digital payment is gaining momentum due to social distancing during the Covid-19 pandemic. The evolution of digital payment platforms and increasing consumers’ preference towards e-payment secures a bright future for online payment in Nepal. Digital Payment is growing in popularity and is becoming a trend these days. The reason is simple – convenience. In the era when businesses are shifting online, why not transactions? We can find QR codes in various goods and service sectors like departmental stores and small shops, and many banks and financial institutes (BFIs). You can make payments in supermarkets via a QR code scanner using a digital wallet. Local vendors and shops are also using QR codes for quick payment. Fruits and vegetable markets also feature digital payments for grocery shopping.

According to a report by the Nepal Rastra Bank, the number of digital transactions from mid-December 2020 to mid-January 2021 was 372,176. Similarly, the transactional amount was Rs 1.245 billion. The next month, the number of transactions increased to 535,790 and the amount to Rs 1.712 billion, suggesting a clear rise in the use of digital payment. Switching to any e-payment service like a QR code will be a long-running process. PSOs like eSewa have been offering QR payment services without charging any additional fee during transactions to encourage such platforms. This generation has access to different media that can raise awareness of digital payment significance, so the number of users is expected to grow in the future rapidly but still not enough to process an established digital economy. The lack of interoperability is another major issue for a stable digital payment service.

QR code payment can be a vital factor in uplifting Nepal’s digital economy. The government giving more priority to digital payment systems and the central bank promoting this system can be a head start for QR code payment. The ultimate goal should be offering a one-stop solution for consumers to access all sorts of e-payment services, including QR code payment.

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