NPCI

• Started in the year April 2009

 Google Pay
• Started in 2011
• Supports all major credit cards
• Card # stored in the cloud
• A virtual account number is sent to the contactless POS terminal via
NFC
Google Pay functions

1. Mobile Recharge

2. Request Money

3. Link several bank accounts

4. Offers and Rewards

 Innovative tools and Apps by bank
 Debit & Credit Card
• Advanced ATM machines
• Deposit machines
• Payment using NFC

 Cheque Truncation System CTS

 Aadhaar Payment Bridge System

• Allows its customers to view their account summary and all banking functions

• 4.2 star rating on Google Play

• Customize “My menu” tab

• Available in Hindi and regional languages

• Also has “LITE” version compatible with lower internet speeds

- Instant account opening

- India’s largest shopping marketplace

- Banking simplified

- Quick pay

- One view

- Smart spending

- Your friend in need

 IndusInd launched credit cum debit card

• 2 EMV chip debit cum credit card

• Convenience and flexibility

• The card will have a single account statement

• Loaded with features for the young upwardly-mobile customer

 Challenges faced by banking
• Millennials Interact with Brand differently

• Lots of market Competition, Particular form megabanks and non-

banks

• Millennials make decision based on timeline

• Banks are not updated in terms of Technology

 Precautionary Measures
• Avoid Using Public Wi-Fi or Use VPN software :-

• Always use genuine anti-virus software :-

Subscribe for mobile notifications :-

Change your password regularly and ensure it's a strong one :-

Be careful with emails and messages :-