This presentation is about information regarding less cash transactions

1. a
J.SAI PRASANNA KUMAR
CIVIL ENGINEERING
UCEN JNTUK
A JOURNEY OF 1000 MILES ALSO MUST BEGIN WITH A
SINGLE STEP!

2. IN THIS PRESENTATION
EVOLUTION OF MONEY
ADVANTAGES AND DISADVANTAGES OF
EACH SYSTEM
MOBILE BANKING
POS MACHINES
“DON’T WAIT FOR THE CHANGE
BE THE CHANGE YOU WANT TO SEE”

3. “BARTER SYSTEM”

4. DISADVANTAGES OF
“BARTER SYSTEM”
1.NO COMMON MEASURE OF VALUE
NEEDS AND WANTS MISMATCH
LACK OF STORAGE OF VALUE

5. “CASH”
Cash refers to money in the physical form
of currency, such as banknotes and coins

6. DISADVANTAGES OF “CASH”
Counterfeit money : It is imitation
currency produced without the legal
sanction of the state or government.
Black money :Income illegally
obtained or not declared for tax purposes.

7. IT IS NOT CASHLESS IT IS “LESSCASH”
HOW??
1.CARDS[DEBIT&CREDIT]
2.WALLETS[PAYTM,,,,,,]
3.USSD[UNSTRUCTURED SUPPLEMENTARY
SERVICE DATA]
4.ONLINE AND INTERNET BANKING
5.AEPS[Aadhar enabled payment sysem]
6.PREPAID CARDS

8. NO NEED OF SMART PHONES
WE MUST BE SMART
TOATAL MOBILE PHONES-103cr
TOTAL SMART MOBILES -34cr
*99#

9. HOW TO ACTIVATE *99#
Mobile no. should be linked with bank a/c
Register for USSD/Mobile Banking
Get MMID (Mobile Money Identifier)
Get MPIN (Mobile PIN)

10. Services Offered:
1. Account Balance
2. Mini Statement
3. Send money using MMID
4. Send money using IFSC
5. Show MMID
6. Change MPIN
7. Generate OTP

11. Aadhaar Enabled Payment
System (AEPS)
GO TO A MICROATM OR BANKING
CORRESPONDENT
PROVIDE YOUR BANK NAME AND
AADHAAR
CHOOSE WHICH TRANSACTION TO DO
PROVIDE FINGER PRINT ON SCANNER
ON SUCCESSFUL TRANSACTION, TAKE THE
PRINT SLIP
PROCESS COMPLETED

12. Aadhar enabled Services
Balance Enquiry
Cash Withdrawal
Cash Deposit
Aadhaar to Aadhaar Funds Transfer

13. POS[POINT OF SALE]
AND
CARDS

14. STATISTICS OF POS
COST:[mostly we import them]
FROM OTHER COUNTRIES-10000/-
FROM CHINA -8000/-
DEMAND NOW -10cr (machines)
AVAILABLE NOW -15lakh

15. Progress is impossible without
change!

16. DISADVANTAGES WITH
LESSCASH
LACK OF AWARNESS
TECHNICAL PROBLERMS
HACKING

17. SOLUTIONS
EDUCATING
OURSELVES
OUR FAMILY
OUR FRIENDS
OUR LOCALITY
HANDSON EXPERIENCE
TECHNICAL KNOWLEDGE
ADOPTION TO CHANGE

18. Be a part of change not apart!

19. THANK YOU
ALL