DIGITAL PAYMENTS

WHY DIGITAL PAYMENT

GO DIGITAL GET DISCOUNTS

CONVENIENCE

TRACKING SPENDS

BUDGET DISCIPLINE

NO HASSLES TO ODD CHANGES

NO TENSION TO COUNTERFEIT CURRENCY

 WHY DIGITAL PAYMENTS
TRANSPARENCY IN TRANSACTION.

TRACK BLACK MONEY AND ILLEGAL TRANSACTION.

INCREASE IN TAX REVENUE IN GOVERNMENT.

DIGITAL PAYMENT METHODS

BANK CARDS USSD MOBILE WALLET

POINT OF SALE MOBILE BANKING INTERNET BANKING

DIGITAL PAYMENT METHODS

AEPS MICRO ATM

UPI
 BANK CARDS
ISSUED BY COMMERCIAL BANK.
FACTOR AUTHENTICATION FOR SECURE PAYMENTS ARE
PIN & OTP.
THIS CARDS CAN BE USED AT POS (POINT OF SALE)
MACHINES, ATMS, MICROATMS, SHOPS, WALLETS,
ONLINE TRANSACTIONS AND FOR E-COMMERCE WEB
SITES.
TECHNOLOGIES USED IN BANK CARD IS MAGNETIC
STRIP AND SMART (INTEGRATED CIRCUIT CARDS).
 BANK CARDS

Debit card Credit card

 USSD
UNSTRUCTURED SUPPLEMENTARY SERVICE DATA (USSD)
BASED MOBILE BANKING.
USSD ALLOWS MOBILE BANKING TRANSACTIONS USING
BASIC FEATURE MOBILE PHONE.
BANKING CUSTOMERS CAN AVAIL THIS SERVICE BY
DIALING *99#.
TRANSACTION IS SECURED BY MMID & MPIN.
 POINT OF SALE
TYPES OF POS

PHYSICAL POS MPOS V-POS

PHYSICAL CARD SWIPING – PTSN PHONE CONNECTED WITH EXTERNAL VIRTUAL E-PAYMENT GATEWAY
WITH LANDLINE/ GPRS ENABLED. POS DEVICE THROUGH JACK/
BLUETOOTH
 MOBILE WALLET
A MOBILE WALLET IS A WAY TO CARRY CASH IN
DIGITAL FORMAT.
YOU CAN PAY WITH YOUR SMART PHONE, TABLET OR
SMART WATCH.
AN INDIVIDUAL’S ACCOUNT IS REQUIRED TO BE
LINKED TO THE DIGITAL WALLET TO LOAD MONEY IN IT.
MOST BANKS HAVE THEIR E-WALLETS & SOME PRIVATE
MOBILE WALLET
 MOBILE BANKING
 MOBILE BANKING IS ASERICE PROVIDED BY A BANK SO THAT IT
ALLOWS ITS CUSTOMERS TO CONDUCT DIFFERENT TYPES OF
FINANCIAL TRANSACTIONS REMOTELY USING A MOBILE DEVICE,
SUCH AS A MOBILE PHONE OR TABLET.
IT USES SOFTWARE USALLY CALLED AN APP, PROVIDED BY THE
BANKS FOR THE PURPOSE. EACH BANK PROVIDES ITS OWN
MOBILE BANKING APP FOR ANDROID, WINDOWS AND IOS
MOBILE PLATFORMS.
 INTERNET BANKING
 INTERNET BANKING, ALSO KNOWN AS ONLINE BANKING, E-
BANKING OR VIRTUAL BANKING, IS AN ELECTRIC PAYMENT SYSTEM
THAT ENABLES CUSTOMERS OF A BANK OR OTHER FINANCIAL
INSTITUTION TO CONDUCT A RANGE OF FINANCIAL TRANSACTIONS
THROUGH THE FINANCIAL INSTITUTIONS WEBSITE.
DIFFERENT TYPES OF ONLINE FINANCIAL TRANSACTIONS ARE:-
 NATIONAL ELECTRONIC FUND TRANSFER (NEFT).
 REAL TIME GROSS STATEMENT (RTGS).
 ELECTRONIC CLEARING SYSTEM (ECS).
IMMEDIATE PAYMENT SERVICE (IMPS).
UNIFIED PAYMENTS INTERFACE
(UPI)
 UNIFIED PAYMENTS INTERFACE (UPI) IS A SYSTEM THAT
POWERS MULTIPLE BANK ACCOUNTS INTO A SINGLE MOBILE
APPLICATIONS.
 EACH BANK PROVIDES ITS OWN UPI APP FOR ANDROID,
WINDOWS AND IOS MOBILE PLATFORMS.
 MOBILE NUMBER SHOULD BE LINKED WITH BANK A/C.
UNIFIED PAYMENTS INTERFACE
(UPI)
UPI REGISRATION PROCESS
CHOOSE YOUR
DOWNLOAD ANY UNIQUE ID (ADHAR,
SELECT YOUR
BANKS APP OR MOBILE NO) AS
BANK
3RD PARTY APP VIRTUAL PAYMENT
ADDRESS ( VPA)

REGISTRATION SET M-PIN FOR GIVE ACC

COMPLETED VALIDATING DETAILS FOR
TRANSACTIONS FIRST TIME
MODE OF PAYMENT
 CONTRIBUTION TOWARDS
CASHLESS INDIA
STUDENTS
 UNDERSTOOD / ADOPT ALL THE CASHLESS MODES OF
PAYMENT.
 TRAIN OWN FAMILY IN USING CASHLESS MODES.
 ADOPT 10 HOUSEHOLDS AND TEACH THEM DIGITAL
PAYMENTS.