Aug 29 2019, 07:17 AM
QUOTE(j.passing.by @ Aug 19 2019, 08:15 PM)
It is not only a concern to traditional ut agents but also to online agents when a big guy like epf is stepping into the field.
Please note if the member is above 55, he can use his account 55 or account emas to make purchases.
(Unlike account 1, these accounts are not subject to the excess over the basic savings rule.)
The next step could be becoming a full-fledged agent and allowing members below 55 to make purchases by tweeting their online system slightly to accept online payments.
Beg to differ. Why still wanna become full-flegded agent who is tied to one principal when in the CUTA rep can have access to multiple fundhouse instead of one fundhouse?Please note if the member is above 55, he can use his account 55 or account emas to make purchases.
(Unlike account 1, these accounts are not subject to the excess over the basic savings rule.)
The next step could be becoming a full-fledged agent and allowing members below 55 to make purchases by tweeting their online system slightly to accept online payments.
The reason why epf launched this is to slowly eliminate tied agent, eventually, it is fsm who wins as they are the one who developed the epf e-mis for epf. Not only that, there r other moves that they hasn't play yet. Stay tune for the next update probably by end of this year.
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