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Step towards Cashless Economy
• GO DIGITAL, GET
DISCOUNTS
• Convenience
• Tracking spends
• Budget discipline
• No hassles of odd change
• No tension of counterfeit currency
• Track black money and illegal
transaction
• Transparency in transaction
• Increase in tax revenue to government
Bank cards USSD Mobile wallet
Point of Sale Mobile Banking Internet Banking
AEPS
UPI
Micro ATM
• Issued by commercial banks.
• Factor authentication for secure payments are
PIN and OTP
• These cards can be used at POS (Point of Sale)
machines, ATMs, microATMs, Shops, wallets,
online transactions, and for e-commerce websites.
• Technologies used in bank card is magnetic strip
and smart card(integrated circuit cards).
Bank
cards
Debit
card
Credit
cards
• 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
• A mobile wallet is a way to carry cash in digital format.
• You can pay with your Smartphone, 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 and some private
companies
• Mobile banking is a service provided by a bank o that
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, usually called an app, provided by
the banks for the purpose. Each Bank provides its
own mobile banking App for Android, Windows and
iOS mobile platform(s).
• Internet banking, also known as online banking, e-
banking or virtual banking, is an electronic payment
system that enables customers of a bank or other
financial institution to conduct a range of financial
transactions through the financial institution's
website.
• Different types of online financial transactions are:
a. National Electronic Fund Transfer (NEFT)
b. Real Time Gross Settlement (RTGS)
c. Electronic Clearing System (ECS)
d. Immediate Payment Service (IMPS)
• Unified Payments Interface (UPI) is a system that powers
multiple bank accounts into a single mobile application.
• Each Bank provides its own UPI App for Android,
Windows and iOS mobile platform(s).
• Mobile number should be linked with bank a/c
https://www.youtube.com/watch?v=8pqbn0zsUqg
Your Contribution towards cashless India
ANY QUESTIONS ?

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Digital payment

  • 2. • GO DIGITAL, GET DISCOUNTS • Convenience • Tracking spends • Budget discipline • No hassles of odd change • No tension of counterfeit currency
  • 3. • Track black money and illegal transaction • Transparency in transaction • Increase in tax revenue to government
  • 4. Bank cards USSD Mobile wallet Point of Sale Mobile Banking Internet Banking
  • 6. • Issued by commercial banks. • Factor authentication for secure payments are PIN and OTP • These cards can be used at POS (Point of Sale) machines, ATMs, microATMs, Shops, wallets, online transactions, and for e-commerce websites. • Technologies used in bank card is magnetic strip and smart card(integrated circuit cards).
  • 8. • 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
  • 9. • A mobile wallet is a way to carry cash in digital format. • You can pay with your Smartphone, 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 and some private companies
  • 10.
  • 11.
  • 12. • Mobile banking is a service provided by a bank o that 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, usually called an app, provided by the banks for the purpose. Each Bank provides its own mobile banking App for Android, Windows and iOS mobile platform(s).
  • 13. • Internet banking, also known as online banking, e- banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. • Different types of online financial transactions are: a. National Electronic Fund Transfer (NEFT) b. Real Time Gross Settlement (RTGS) c. Electronic Clearing System (ECS) d. Immediate Payment Service (IMPS)
  • 14. • Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application. • Each Bank provides its own UPI App for Android, Windows and iOS mobile platform(s). • Mobile number should be linked with bank a/c
  • 15.
  • 17. Your Contribution towards cashless India