Tag: #cheques

Spiritual person

The Mindful World

The first thing that caught my eye about The Mindful World is just how beautiful their site design is. This is one good looking mindfulness blog.

It takes more than just good looks to be included in this list of the best spiritual blogs, though. And, indeed, The Mindful World has a lot of depth behind that pretty exterior.

The Mindful World is a group of individuals who are passionate about spreading mindfulness around the world. Their articles are very in-depth and some of the most professionally written pieces on any spiritual website.

Excerpt from CONFRONTING REALITY: The lie of Evidence-Based Treatment and how it affects psychological therapy for abused children

“The scientific process is supposed to be the golden standard for the pursuit of knowledge and truth. When asked to think of a scientist, many people will imagine a somewhat “nerdish” individual who’s often more comfortable with numbers than people.

We imagine these scientists as being wholly dedicated to their research and unwavering in their pursuit of the truth. The idea that many published scientists are heavily influenced by politics, that scientific journals often compromise their standards for publications, and that many universities look the other way to secure federal funding, often comes as a shock to most people.”

Change Your Energy

Change Your Energy is a spiritual healing blog. It reads like a self improvement blog, packed full of excellent advice on articles on all manner of self development topics. Every article is full of spiritual guidance and offers inspiration for developing your spiritual life. Change Your Energy is is also one of the most professionally presented spiritual blogs.

My favourite excerpt : From the article “Sing As If Speaking, Dance As If Walking”

“Do you pick up your smartphone, look for people to chat with, or go to the TV or Internet because time alone is lonely, strange, or difficult? You can be a wonderful friend to yourself, incomparably better than any person or any machine.

Here is a suggestion for enjoying spending time with yourself: Sing and dance for 30 minutes every day. Try to sing as if speaking and to dance as if walking.

Enjoy being immersed in yourself, regardless of what other people think. The time you enjoy spending with yourself is time for changing your energy and for accumulating energy. You can encounter your soul as you sing and dance.”

Mom On A Spiritual Journey:
Mom on a Spiritual Journey is the blog of Sarah Lawrence Hinson. Sarah gives spiritual coaching sessions and writes articles about both her personal life and about spiritual energy.
My favourite excerpt:
From “6 tips for driving your car as a spiritual practice”
“MAKE YOUR CAR A NO PHONE ZONE LIKE OPRAH SAYS.  I’ll be the first to admit that I am useless at using a phone and driving, in fact I’m a downright danger so don’t do it at all.  Just because you might be better than me doesn’t mean you should do it too though.  If the phone rings and I am alone, I pull over if I know I’m waiting for an important call.  If you work a lot on your phone, get hands free…it’s not the greatest idea but it could save your life.  If I have the girls in the car then they answer the phone for me.  When it’s their turn to learn to drive, texting and driving will not be acceptable because I DON’T DO IT

Spiritual Awakening Process:

Spiritual Awakening Process discusses many aspects of spirituality and offers practical advice to improve your spiritual life. The best part of Spiritual Awakening Process is the one hour sessions that can be booked and which offer help for you on your spiritual journey. Definitely a great spiritual blog.

LINK: SPIRITUAL AWAKENING

Favourite Except: From “Awakening”

“Life inside the awakening is a whole other beast. Many people focus on the singular point of awakening, that amazing “Ah-ha!” moment. However, while that is a critical piece of the awakening process, so is the transition from sleep-mode to every moment awakeness. The awakening ushers in a time of transition that is unsettled, unstable, and unique. It is a time of embracing new and amazing parts of you and then trying to crawl right back into bed. It is a time of expansion and contraction as you grow and then shrink back to the core issues that are still unresolved and holding you back.”

Spiritual Awakening Process:

Spiritual Awakening Process discusses many aspects of spirituality and offers practical advice to improve your spiritual life. The best part of Spiritual Awakening Process is the one hour sessions that can be booked and which offer help for you on your spiritual journey. Definitely a great spiritual blog.

LINK: SPIRITUAL AWAKENING

Favourite Except: From “Awakening”

“Life inside the awakening is a whole other beast. Many people focus on the singular point of awakening, that amazing “Ah-ha!” moment. However, while that is a critical piece of the awakening process, so is the transition from sleep-mode to every moment awakeness. The awakening ushers in a time of transition that is unsettled, unstable, and unique. It is a time of embracing new and amazing parts of you and then trying to crawl right back into bed. It is a time of expansion and contraction as you grow and then shrink back to the core issues that are still unresolved and holding you back.”

Tiny Buddha

Tiny Buddha is an absolutely wonderful spiritual blog that is mostly a mindfulness blog. It matches cuteness and fun with insight and wisdom. It’s also got more Facebook followers than anyone else on this list, partly because it was a pioneer of the whole spiritual blogging movement.

Excerpt from : Boost Your Happiness: 10 Mindfulness Tips for Busy People

“Do you ever feel as though you would be happy if only things were a little different?

You know that happiness is important, but you keep putting it on the backburner because there simply isn’t enough time to prioritize your own inner joy.

And at the same time, you know that meditation would help, but you can’t even imagine where you’re going to get the spare time you need to sit still and meditate.

In an ideal world, we would schedule moments every day in which to cater to our health needs, because health and well-being are paramount. Yet despite our best efforts we will inevitably face those times when we’re busy every minute of the day. I know I’ve been there.”

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Top social media marketing blogs

The world of Social Media is probably responsible for more innovation in digital marketing over the past 5 to 10 years than nearly any other discipline. From ephemeral story based content to live video to all the things being done with data for more personalized marketing, staying in top of what’s real vs. the hype in marketing is increasingly difficult.

Top help marketers find great sources of marketing advice, we’ve curated the BIGLIST of marketing blogs and more recently a marketing blogs from martech companies. Adding to that curation effort and our own solid social media marketing advice is today’s list of social media marketing blogs.

This list focuses in on blogs covering all aspects of social media marketing including the usual suspects of platforms including Twitter, Facebook, Instagram, YouTube and LinkedIn as well as newer platforms like TikTok. From trends to strategies to tactics to analytics, this group of blogs about social media and marketing is a great mix of big names, publications, platforms and a few names that are hopefully new to you.

1. Adweek Social Pro Daily @adweek
Platform news, industry trends and plenty of brand examples.
Our favorite post: Social Networks Finally Bypassed Print Newspapers as a Primary Source of News

2. Andrea Vahl Blog @AndreaVahl
Everything you wanted to know about Facebook advertising plus a glimpse of “Grandma Mary”.
Our favorite post: Facebook Video Ads – What’s Working Now

3. Awario Blog @AwarioApp
Social media monitoring, selling, research and influencer marketing advice.
Our favorite post: 10 of the best social media marketing tools for 2019

4. Brian Solis @briansolis
One of the true pioneering thought leaders on social media that continues to offer strategic insights – including how to temper social media use for a more creative, productive and happy life ala Lifescale.
Our favorite post: The Past, Present And Future Of Social Media – How We Fell To The Dark Side And Why The Force Is With Us

5. Brand24 Blog @brand24
Social listening, marketing and industry news plus best practices on everything from hashtags to social influencers.
Our favorite post: A Complete Guide to Social Media Analysis

6. CinchShare Blog @CinchShare
Social Media Marketing tips for small business including Instagram, Facebook, Pinterest and blogging advice.
Our favorite post: Grow your team on Facebook by doing these 3 things

7. Digimind Blog @digimindci
Social insight driven marketing advice, competitive social intelligence tips and soup to nuts social media campaign direction for agencies.
Our favorite post: Optimize Your Content Marketing Strategy in 13 Steps with Social Media Intelligence

8. DreamGrow Blog @dreamgrow
Social Media Marketing advice plus curated lists of resources.
Our favorite post: How To Integrate Social Media With eCommerce in 2019

9. Facebook Business Blog @facebook
Official blog from Facebook on advertising news, best practices and thought leadership.
Our favorite post: Turn Interested Shoppers Into Buyers with a Guided Shopping Experience in Messenger

10. Falcon Insights Hub @falconio
Social Media Marketing strategy, tactics and ROI measurement plus platform specific best practices.
Our favorite post: 5 Social Media Trends to Watch in 2019

11. Gary Vaynerchuk Blog @garyvee
The content machine that is Garyvee covers social media marketing thought leadership, trends, news and practical advice for specific social networks.
Our favorite post: 5 LinkedIn Marketing Strategies for 2019

12. Gleam Blog @gleamapp
A lot of how to social media marketing content, tips on using Gleam apps and advice on social contests, giveaways, coupons and product hunts.
Our favorite post: Stop Buying Likes: 25+ Tips to Drive Real Engagement on Facebook

13. Grow @markwschaefer
Mark Schaefer’s blog on the intersection of marketing, technology and humanity featuring provocative insights on industry trends, featured examples of social media and marketing in action and practical advice.
Our favorite post: What Is Your Social Media Marketing Purpose? (If You Don’t Know, This Will Help)

14. Hopper HQ Blog @hopper_hq
All things Instagram marketing ranging from trends to tips and a bit of advice on working with social influencers too.
Our favorite post: How to Measure B2B Social Media Marketing Success

15. Hot in Social Media @hotinsm
Social platform news and tips covering the gamut of social media marketing topics plus curated advice from industry experts.
Our favorite post: How to Use TikTok Like a PRO: Actionable Tips for Marketers

16. Iconosquare Blog @iconosquare
Focused information on marketing with Facebook and Instagram.
Our favorite post: Instagram Marketing Strategy: Your A-Z Guide

17. Instagram Business Blog @instagram
Official blog from Instagram sharing platform updates, features advertising advice.
Our favorite post: Creative Secrets of Instagram Stories

18. Jeff Bullas Blog @jeffbullas
Social Media Marketing best practices from Jeff and guest contributors.
Our favorite post: 9 Insider Tips For Increasing Your LinkedIn Leads

19. Jon Loomer Blog @jonloomer
This blog is Facebook marketing central – everything you ever wanted to know.
Our favorite post: How to Edit a Facebook Ad and Retain Social Proof

20. Karen’s PR & Social Media Blog @kfreberg
Dr. Karen Freberg’s take on social media marketing, PR and crisis communications.
Our favorite post: Super Bowl 2019: Trends & Takeaways from a Social Media Professor

21. Katie Lance Blog @katielance
Great example of a personal brand showcasing social media marketing advice with a slant towards the real estate audience.
Our favorite post: How to Attract Your Dream Client Through Social Media and Storytelling

22. Keyhole Blog @keyholeco
Recent attention to a variety of social media marketing tools as well as practical advice for Twitter, Facebook, Instagram and hashtag marketing.
Our favorite post: Hashtags: A Beginner’s Guide and How to Use them Effectively – Keyhole

23. Later Blog @latermedia
Instagram Marketing strategy, tips, tools, resources and guides.
Our favorite post: Real or Fake: 5 Instagram Algorithm Rumors Explained

24. LinkedIn Marketing Solutions Blog @linkedinmktg
Official blog from Linkedin offering marketing thought leadership, industry trends, news and practical advice on how to make the most of marketing and advertising on LinkedIn. (client)
Our favorite post: 10 Content Ideas for your LinkedIn Page

25. Louise Myers Visual Social Media Blog @Louise_Myers
Practice visual social media marketing tips for Facebook, Instagram, and Pinterest plus advice on blogging.
Our favorite post: How to Boost Your Social Media Strategy for 2019

26. Madalyn Sklar Blog @MadalynSklar
Literally everything you would ever want to know about building and engaging a community on Twitter with plenty of attention towards tools.
Our favorite post: How to Grow Your Twitter Community: 7 Essential Tips

27. Meltwater Blog: Social Media @MeltwaterSocial
Social Media thought leadership, practical advice and featured brand social media examples.
Our favorite post: Social Sidekick: Your Monthly Guide to Social Holidays, Themes, and Noteworthy Events

28. NetBase Blog @NetBase
Advice on social media listening, analytics and practical advice plus applications for social intelligence.
Our favorite post: Social Media Monitoring vs Social Listening – Yes, There’s a Difference!

29. Planoly Blog @planoly
Stay on top of Instagram and IG Marketing with practical tips and examples.
Our favorite post: How to Stay Motivated with Your Blog and Instagram

30. Problogger @problogger
Dedicated to the art and science of blogging and no one tells that story better than Darren Rowse.
Our favorite post: How to Start a Blog When You’re Not an Expert: 11 Ways to Make it Work

31. Quintly @quintly
Social Media Marketing research and analysis, best practices, trends and news about the platform.
Our favorite post: Instagram Study: We analyzed 9 million posts and here’s what we’ve learned

32. Snapchat for Business @snapchat
Official blog from Snapchat featuring the latest launches, announcements, and insights.
Our favorite post: CPG on Snapchat: Why Gen Z and millennials make all the difference

33. Socialnomics @equalman
Erik Qualman’s long running thought leadership blog on social media and marketing.
Our favorite post: 22 Social Media Tips From The Pros To Skyrocket Your 2019 ROI

34. Social Insider Blog @socialinsiderio
A cornucopia of how to articles on social media marketing plus a fun series of interviews with industry experts called Socialinsider Insta’rviews.
Our favorite post: The Most Impactful Social Media Trend That Businesses Should Integrate It In 2019

35. Social Media Examiner @SMExaminer
Probably the most popular blog about social media marketing from Mike Stelzner and team that also run the Social Media Marketing World conference.
Our favorite post: 10 Metrics to Track When Analyzing Your Social Media Marketing

36. Social Media Explorer @smxplorer
An original social media marketing blog covering the gamut of social media topics including tips, tools, news, and case studies.
Our favorite post: Up And Coming Social Media Trends Driven By Millennials And Generation Z

37. Social Media Lab @agorapulse
A special project from the folks at Agorapulse highlighting their investment of over $15k per month to help “Crack the Code” of social media and then report those results to readers.
Our favorite post: LinkedIn Post Length: Does Data Support the Idea that Longer is Better?

38. Social Media Today @socialmedia2day
A community blog offering a comprehensive view of social media marketing including updates to social platforms, trends, strategy and tactics.
Our favorite post: Social Media Calls to Action: 19 Words & Phrases to Generate More Engagement

39. Social Media Week News & Insights @socialmediaweek
Regular updates on the famous Social Media Week events in New York and Los Angeles plus coverage of social media technologies and marketing tactics.
Our favorite post: Boost Your Instagram Stories Game for 2019 With These 10 Practices

40. Social Report Blog @thesocialreport
A collection of practical posts about marketing on all of the major social networks plus trends and examples.
Our favorite post: 10 Top Social Media Scheduling Tools to Save Time in 2019

41. Social Sorted @SociallySorted
Donna Mortiz offers awesome monthly list posts of social media marketing ideas and in between shares visual and video marketing advice for social media channels.
Our favorite post: 60+ April Social Media Ideas – Videos, GIFs and more!

42. Spiderworking @Spiderworking
Amanda Webb covers social platform updates, examples and practical advice about small business social and content marketing.
Our favorite post: Relationship Marketing With Jessika Phillips, Pots Of Gold And LinkedIn Networking

43. Sue B Zimmerman @SueBZimmerman
The guru of Instagram marketing.
Our favorite post: How To Grow Instagram Followers in 2019

44. The Social Media Hat @SocialMediaHats
Mike Allton’s blog with practical advice about blogging, social media, SEO and email marketing.
Our favorite post: How to Create 26 Pieces Of Content From A Facebook Live

45. Talkwalker Blog @Talkwalker
Social Media Marketing and analytics blog with an emphasis on social monitoring and data applications.
Our favorite post: Social media trends that will impact 2019

46. Twitter Marketing Blog @Twitter
Official blog from Twitter about product news, marketing and advertising best practices and research.
Our favorite post: 10 ways marketing changed with Twitter

47. Unmetric Blog @unmetric
Social Media Marketing strategy, industry trends, and how to articles focused on brands.
Our favorite post: Brands vie for the throne in the game of social media marketing

One trend I’ve noticed is that many individuals that have really made a name for themselves as trusted voices in the social media space during the formative years of the industry simply are not blogging as much or have diversified into other areas of marketing. At the same time, a steady drumbeat of social media marketing advice can be found amongst a smaller number of highly focused industry blogs and companies serving the social media marketing industry.

Speaking of the social media marketing industry, you may have noticed some well known social media marketing technology brands are not on the above list. That’s because we’ve already included them in the martech list, but they certainly belong in this collection, so here they are:

What are different types of aggressions

Researchers identify two types of aggression related to sports: instrumental aggression and hostile aggression.What is instrumental aggression?By nature, certain sports (such as football, ice hockey, etc.) have higher levels of contact between players. Thus, they inevitably include more aggression. But such violence is often within the bounds of the game. You often need to play with a certain measure of physical aggressiveness in order to win. That’s instrumental aggression.Hostile aggression, on the other hand, is violence that goes beyond the scope of the sport. Being hostile refers to “impulsive, angry aggression intended to hurt someone who has in some way provoked an individual” (Russell, 2008). One famous example of hostile aggression in sport is a 2006 World Cup football (soccer here in the U.S.) match. After being insulted by Italian athlete Marco Materazzi in the middle of the game, French player Zinedine Zidane delivered a serious headbutt to his chest, which sent him flying to the ground. Such action was in no way necessary to the game itself; it was simply a way to retaliate against the athlete. Zidane wanted to hurt his provoker as badly as possible.Hostile Aggression Among Teen AthletesIn discussing the problem of aggression, most experts are talking about the concept of hostile – not instrumental – aggression.In surveying 800 adolescent athletes playing 10 different sports all across the U.S., Shields (2005) found that 13% of students have tried to deliberately hurt an opponent at least once during a game. Seventeen percent have said something mean to an opponent. And almost 40% have tried to “get back” at another player.

Heroes Modeling Bad Behavior

Increased media attention on pro-athletes has revealed shocking displays of violence both on and off the sports field. This has an influence on young fans, who often admire and glamorize such athletes. One researcher (Smith, 1983) asked adolescent hockey players who their favorite National Hockey League (NHL) player was. He found that there was a positive correlation between skaters whose NHL hero was aggressive and the young athlete’s own play.

Aggressive Parents

But aggressive behavior isn’t only seen on TV. Often, it’s closer to home. Certain parents could be violent and aggressive with their children at home, as well as on the sports field. (One Minnesota survey found that 17% of adolescent athletes said that an adult had hit, kicked, and slapped them while participating in sports.) Experiencing such violent behavior has a mimicking effect, says researchers. See the case of Thomas Junta and Michael Costin in 2000, and what happened to their kids thereafter.

Showing Loyalty or Seeking Revenge

Moral reasoning theory suggests that some teens think aggressive behavior is not just okay, but even the right thing to do in certain circumstances. “Aggressive behavior is often…justified by players to demonstrate loyalty to teammates, and especially injured teammates, by seeking revenge particularly in competitive, body-checking leagues,” says Cusimano (2016). Hurtful insults, mean taunts, and even stares can provoke certain players, who will then retaliate by become more aggressive (Gordon Russell, 2008). Sports psychologists note that not all athletes respond to the same provocation in the same way. Personality differences, temperament, and even regional hometown (!) change the way athletes will respond to a hurtful remark. For example, Type-A teens will be more likely to get angry when they’re insulted.

Getting Too Hot

Sounds crazy, but it really is true: environmental factors like heat leads to aggression. Science even proves it. Research on weather and crime shows that acts of violence happen most during the summer. In the same vein, getting hot during a sports game can make an athlete more physically aggressive. In analyzing more than 2,300 National Football League games and matching them up with the temperatures on each day, researchers found that the hotter it was, the more aggressively teams played. They determined this conclusion based on comparing temperatures to the number of aggressive penalties teams accrued. Even when the temperature is fairly mild, though (or even cold, as in ice hockey) your teen athlete could be getting warm by all the physical activity they’re doing—running, throwing a ball, tackling, etc.—not to mention all the layers they’re wearing and the gear they’re carrying.

Biological factors

Certain teens may simply be more aggressive, naturally. Studies have shown, for example, that the level of testosterone in male athletes impacts their aggressive level. (Simpson, 2001). In one experiment, male participants with both high and low testosterone levels were given escalating shocks. The males with high hormone levels responded with more aggression than the others.  Changes in hormone levels can likewise increase or reduce aggression. During puberty, for example, which is when testosterone levels generally increase, competitive aggression increases as well.

Crowd Incitement

Many times, parents, coaches and fans encourage aggression from the sidelines. After analyzing parents’ remarks at more than 40 adolescent sports games, Meân and Kassing (2008) found that many parents and sports officials encourage a “war-like” aggression on the sports field. This winning-at-all-costs mentality (as evidenced by statements like ‘kill him!’, ‘trip him,’ “Do what you gotta do,’ let ‘em have it,”) could be trickling down to their children. These adolescents are getting the message that because it’s so important to win, playing aggressively is okay. To them, the sport transforms from “play” to “war” – because that’s what they’re hearing from the crowd.

Living Up to Expectations

They’re nervous about performing well. About 13% of parents admit they’ve angrily criticized their child’s sport performance after a game. (Shields, 2005). Oftentimes, sports have become so important to the parent, and the parent has such high expectations for performance and the winning of the game, that many children are probably “playing much more aggressively than they would if their main objective was to hang out with their friends and have fun.” Research shows that parents underestimate the pressure they place on their young athletes to succeed.

Changing the Culture: Sportsmanship First

According to a Monitoring the Future survey, 71% of adolescent boys and 68% of adolescent girls participate in school sports. With so many teen athletes playing sports, it’s important to understand the factors that can lead to hostile aggression and take any steps one can to reduce it.

For parents, this could mean being mindful of their interactions with their children. Parents who are calm and try their best to reduce angry outbursts (not just at sports games, but also at home) are more likely to produce children who will act similarly. Likewise, parents can do their best in maintaining a low-stress approach to sports so as not to pressure their young athletes. In regards to media exposure, parents can also try to limit how much violence their teens are exposed to by monitoring their TV and media consumption.

Though some factors linking to aggression (such as personality or hormone levels) are out of one’s control, youth sports officials can try to create an atmosphere where hurtful taunts, songs and chants are discouraged, and positive sportsmanship is encouraged. This might limit the number of provocations in the game and thus the number of fights between athletes. In the same vein, angry spectator violence – which is shown to have a mimicking effect on adolescents – should have appropriate consequences.

Tips for safe internet banking

All through the year, banks and financial institution are taking up innovative measures to protect its customers from such banking frauds. But sometimes it’s our very own negligence that makes us fall prey to such thefts. Whilst, both the banks and financial institutions are doing their part, we should too adopt a cautious attitude to protect ourselves. So, to help you out in this process, we have a gathered a list of some tips for safe internet banking that you can consider doing.

Digital advancements have made our lives much easier, we can now order food or purchase things in the comfort of our homes. These rapidly evolving advancements are also transforming the banking and financial sector in India. Whether someone is transferring funds, paying a bill or applying for such loans such technologies are enabling customers to do it in a more efficient and effective way. The number of users opting for internet banking is expected to double by 2020, making India an important hub for financial innovation. However, internet banking, just like like any other medium if not done with utmost precaution can prove to be risky. There are scams like phishing( fraudulent means for attaining confidential information) associated with internet banking which enables a third-party to access and misuse your personal information.

Banking online has made managing money a lot more convenient than it used to be. We don’t have to visit the bank to transfer our funds, or wait for the next paper statement to know what the balance is. All that information is at our fingertips. But while online banking has made things easier for us, it’s also made things easier for thieves.

Criminals don’t need to plan a heist to rob someone’s bank account anymore. All they need to do is wait for you to let your guard down and expose your personal information, or send out a virus that will collect the information. The only way to avoid becoming a thief’s next victim is to carefully guard your personal information and always practice these online banking safety tips. 

1. Don’t access your bank accounts on public Wi-Fi

When you’re on public Wi-Fi, hackers can more easily access your computer and steal personal information from it. You should never access your bank’s website through a computer, tablet, or mobile phone unless you’re on a secure Wi-Fi network with a password, or using your own cell phone data connection. This is much more difficult for thieves to hack, so it keeps your information safer.

2. Avoid saving your login information

Some websites give you the option to save your login information for future use, but if someone uses your computer or mobile device after you, they could gain access to your bank accounts. To at least help prevent this from happening, many banking sites now time out after a certain number of minutes of inactivity, and do not save your information.

3. Use strong passwords and change them often

Strong passwords have a mix of upper- and lowercase letters, numbers, and symbols. Many banks now require your online accounts to carry a password meeting these requirements. You should also change your password every couple of months, and use different passwords for all of your online accounts so that hackers will have a more difficult time gaining access to your information.

4. Use two-factor authentication whenever possible

Two-factor authentication is the next level of security that many banks are now offering. Usually, you give your bank your phone number, and it texts a code when you log in online. Some banks also enable you to request a code via email or a phone call. You must enter this code in addition to your password to log in. This way, even if someone has stolen your password, they cannot access your accounts. It’s another hoop to jump through, but it could help keep your money safe, so set it up if your bank offers it.

Cryptocurrency

What is this crytocurrency that everybody is talking about? In simple words, it is digital currency in encrypted form. Money transaction is processed and validated through data mining. As of now, using crypto currency is a very complex process. Still, it is becoming popular in recent times worldwide.

Here, money transaction is carried out between two parties only.Hence there is no third party involvement. After validation and processing through data mining,it is kept in public ledgers but the transactions are kept confidential.Once a transaction is validated, miners get this crypto currency as reward.

Litecoin, Bitcoin, Ethereum ,Pipple are some examples of cryptocurrency. Out of this, Bit coin is the most popular crypto currency.

Cryptocurrency works on Block Chain Technology, which is a decentralised technology spread across many computers that manages and records transactions.

There are more than 4000 cryptos worldwide as of now. It’s users are called miners. This virtual currency is exchanged over the internet and uses cryptography as a means of security. There is no central authority to manage this system and it is immune to government interference.It is highly confidential and totally decentralised person to person payment method. All the transactions and accounts can be traced but the owner accounts are usually not easily traceable.

International money transfer can also be done through crypto. As it is becoming popular nowadays, it’s value is getting increased. Some people even use it for investment purposes. A large number of individuals and businesses have started using this. Many online websites also accept virtual currencies as payment.

Bitcoin is a premier crytocurrency created by Satoshi Nakatomo on 31 st October, 2008. It is pseudonomous and is controlled by users called bitcoin miners. These miners use different computer program and resources to solve highly complicated mathematics problems and get a number of bitcoins in exchange. They do this by verifying transactions and adding them to a public ledger called Blockchain. It holds the transaction history of all bitcoins in circulation. These miners keep the network secure and ensure that all systems are synchronized together. Those miners who help to accurately track the transactions and maintain network are rewarded with cryptos.

Ripple or XRP is an open source digital payment platform. Here money can be transferred in actual currency or cryptocurrency. XRP is used as a bridge currency to settle cross border payment in a faster and cheaper manner.

The cryptocurrency has neither been made legal nor banned. In India, they are not in use legally. Experts are advising on shutting down its trading. Likewise, other major countries are thinking of banning cryptocurrencies. So we have to wait and watch if the crypto will become the future of transactions or goes away for good.

What is to be done when the Cheque is bounced?

Cheque is an instrument to transfer the money from one person to another. Cheque is safe and secure. To promote cheques and people should trust the simple mechanism of cheque and many people should use it effectively without any doubt in their mind so the Government in the year 1988 have introduced a chapter in Negotiable instrument Act, 1881 which deals about dishonour of cheques. As per Negotiable Instrument Act section 138 to section 143 deals with the provision of dishonour of cheques

Problems in Dishonour of Cheques

1. Penalty

If a cheque is bounced, then a penalty is levied on both drawer and payee by their respective banks. The person will additionally have to pay late payment charges if the dishounoured cheque is against repayment of a loan.

2. Damage To Credit History

Your credit history is negatively impacted if a cheque is dishonoured since your payment activities are reported to the credit bureaus by the financial institutions. The lenders will trust you if you have a good credit score. In order to have a good credit score, it’s a good practice to avoid your cheques from being bounced. Your good payment activities will help you build good CIBIL score and benefit you at the time of lending money from financial institutions.

Important terms which is used by Bank in relation to Cheques :

  1. Drawer -the maker of a bill of exchange or cheque is called the “drawer”
  2. Drawee- the person thereby directed to pay is called the “drawee”.
  3. Cheque Return Memo – the bank offer memo to the payee indicating the reason why the cheque id dishonoured.   

Reason why Cheque is bounced :

  1. Insufficient Funds
  2. Closed account
  3. Stop payment

Let’s take a hypothetical situation to understand it completely in a very simple way :

Mr. Atul draws a cheque in the name of Ms. Ria of Rs. 5,000/-. Here Ms. Ria is a drawee and Mr. Atul is drawer. Ms. Ria deposited the cheque in the bank. The cheque got bounced i.e the cheque is dishonoured.

After dispositing the cheque Ms. Ria came to know about the dishonouring of cheque in 2-3 days. Then the bank will issue Cheque return memo.

As the cheque return memo is received by Ms. Ria within 1 month she needs to send a legal notice to Mr. Atul. But also if Ms. Ria and Mr. Atul are friends Ms. Ria knows the actual problem for dishonour of cheque then she has two options

  • She can call Mr. Atul and ask for the reason and ask him when she can again deposit the cheque. If their will be a genuine problem or based on their understanding Ms. Ria deposit the cheque again and then the cheque is honoured.
  • (ii) Ms. Ria can send a legal notice to Mr. Atul. She should mention the cheque is dishonoured, she should mention Mr. Atul should process the amount within 15 days from when the notice is received. Then to after 15 days no amount is being processed and no reply of legal notice is received by Ms. Ria then from 16th day her cause of action has started now within 1 month Ms. Ria will file a case against Mr. Atul under Negotiable Instrument Act 1881

Ms. Ria can file the case under sec 138 of Negotiable Instrument Act for dishonour of cheque. Ms. Ria can file the case with Judicial Magistrate 1st Class (JMFC) or Metropolitan Magistrate.

Documents which is to be furnished at the time of case :

  • Copy of Original Cheque
  • Cheque Return Memo
  • Copy of Legal Notice
  • Postal Receipt of the Legal Notice.

Punishments :

In accordance with section 138 of this act, dishonour of cheque is a criminal offence and is punishable with monetary penalty or imprisonment up to 2 years or both.

Latest amendments in the Act:

The Act has been amended time to time to ensure and enhance trust in negotiable instruments. With an aim to further streamline the Act, the Central Government incorporated Sections 143-A and 148 vide Negotiable Instruments (Amendment) Act, 2018 (“Amended Act”). These new sets of provisions have been effective since 1st September 2018.

  • Section 143A of the Amended Act

Section 143-A of the Amended Act empowers any court while trying an offence for dishonour of a cheque to direct the drawer, who is the issuer of the cheque, to pay interim compensation to the complainant. The amount of compensation payable cannot exceed 20% of the amount as stated in the cheque. This amount has to be paid within a stipulated time period of 60 days from the date of the order passed by the court, or further within the extended period of 30 days, as may be directed by the court on showing sufficient cause for the delay caused.

  • Section 148 of the Amended Act

According to the Amended Act, Section 148 states that in the event of the conviction of the drawer of the cheque, if the drawer proceeds to file an appeal, the appellant court has the power to order the drawer of a cheque to deposit an amount. This deposited amount in such case has to be a minimum of 20% of the fine or compensation awarded by the Magistrate Court in the appeal preferred against his/her conviction. However, if the appellant is acquitted, then the Court shall direct the complainant to repay to the appellant the amount so released, with interest.