Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Thursday, July 31, 2008

Swipe for lunch



From tomorrow, we have something different to look forward to, at the office. MEAL CARDS.

So, it used to be like this. We paid 15 rupees for lunch and the organization paid the same. Now that's not there anymore.

We got this new thing called a meal card. One more extra card. Amidst so many credit cards, debit cards, fuel cards, MTV card, dhaba express discount card, oh yeah, access card; now we have this card to used at the cafeteria.

Company will not pay that 15 rupees. They have brought this new scheme called Flexible Benefit Plan. I seriously don't know how flexible this is. If I end up paying more tax by July next year compared to this financial year, then I'll know about the inflexibility of this flexible plan. Company will top up a fixed amount every month on this card and then you can swipe this card for lunch.

Previously you just paid 15 rupees and it was the hassle for the accountants in the finance department and the guys from the access card department to figure out how many ate or how many swiped twice, whatever that maybe. Now all accounting headache has been shifted to the employee. Every time you swipe, you have to ensure that the person at the counter enters the right amount and if you need to track the account, then you need to keep the bills and later claim if you need to reconcile. There is also an online account tracker.

But you know what? Having been here for about a year, I am sure my company will tell me to scan the receipt and send it via email to a given email address and raise a query in a new system.

By the way, this card can be used in other retail outlets within the city as well. Other than the big names, I really don't know where else you can use the card.

One of the names I saw on the list of outlets in Chennai said "PADMA STORES" and that's it. That was effin crazy!!! I guess there are enough surprises like this.

Thursday, February 21, 2008

Pin number reversal

I got this piece of text as an email today from a friend.

This goes like "in case of being confronted by a robber at the ATM, if you enter the ATM Pin in the reverse, the system while dispensing cash as it does normally, recognizes it as an emergency and triggers an alert to the police"

Wow, amazing technology eh! Well, after the umpteen number of jokes that comedians from yesteryear till the latest ones today, have made, on the Tamil Nadu Police, did you ever imagine that this would work?

Even with the best law and order system, this wouldn't work because this system has not been implemented at all.

So this is yet another URBAN LEGEND.

Half the people will take time in typing out the number in reverse order. That action would by itself be a clean give-away to the thief. He'd be thinking - "What the heck is this guy doing, fumbling with keying his ATM Pin?" That'll be a total give-away!

But, having said that, there is actually a technology that has been developed by Joseph Zingher in the US called SafetyPIN, that can exactly do what the hoax email claims, but none of the banks have implemented this.

Comign back to the reverse PIN, thats a logical flaw by itself. What if someone had a palindrome type PIN number?