This document compares financial services from Axis Bank and Yes Bank. It summarizes Axis Bank's Instant Money Transfer service, IMPS service, and Call and Pay service. It also summarizes Yes Bank's Pay Now service. Finally, it describes Axis Bank's NGPAY digital wallet and Axis Mobile app, comparing some features to Yes Bank's mobile app.

1. Comparative Analysis
Axis Bank Vs. Yes Bank
Group 9
1. Swati Ananta
2. Smruti Abinash
Behera
3. Subhrajyoti Mandal
4. Teja Swaroop
5. Swathi Shenoy
6. Sumit Kumar

2. Axis Bank – Instant Money Transfer

3. Initiating an IMT
• Details present in SMS are:
• The IMT amount
• SMS code
• IMT code
• IMT expiry date

4. Withdraw the IMT
• Provide the following details
• Mobile number
• The sender’s code
• The SMS code
• The IMT amount

5. Limits
• Sender limit- Rs. 5000 per transaction
• Receiver’s limit- Rs. 25000 per month

6. Immediate Payment Service

7. IMPS
Objective:
 Enable a new 24 * 7 payment delivery channel
 Transfer of funds through beneficiary’s mobile number
 Easily adaptable for merchant payments
 Financial inclusion through mobile phones
 NPCI to act as a central routing agency

8. IMPS
Customer Registration:
Using MMID and Mobile number(P2P)
Using Account number and IFSC(P2A)
Using Aadhar number(ABRS)

11. Real-time domestic fund
transfer
24 X 7 X 365 availability
Standardized Credit and
Debit confirmation
Simple, fast and easy to
use
Low on cost
Catalyst to financial
inclusion
NRI customers
AADHAAR No. based
transaction enabled
IMPS
Benefits

12. Comparison AXIS BANK Yes BANK
No. of MMID’s issued 127.53 lakhs 11.96 lakhs
Chargers
Upto Rs. 100000 Rs.5 Rs.5
Daily transaction limit INR 2,00,000 INR 1,00,000
Comparison with Yes Bank

13. Axis Bank Call and Pay

14. What is Axis Call & Pay?
AXIS CALL & PAY is an IVR based payment solution through
which payments can be done to a number of merchants by
simply calling up the merchant numbers. The mobile
number from which we are making the call should be
registered first with Axis bank.
ATOM-Any Transaction On Mobile.
IVR– IVR(Interactive Voice Response) is a system on which
you will be given voice instructions over the phone call.

18. Can I use an Axis bank credit card for this service?
No, Axis Call & Pay is the service that allows you to make
payments to merchants using your debit card only.
Can I call up any merchant to make payment?
You can make payments only to those merchants who are
registered with Axis Bank.
I had a transaction failure. What should I do?
You should call up the merchant where the transaction
failure happened. In case the problem remains you can
contact the branch.
FAQs about Axis Call &
Pay:-

19. YES bank has introduced a value added online service for
payment named “YES PAY NOW’’ and it’s a convenient way of
making payments for mobile, DTH, gas, electricity, and many
more utility bills.
Process: Simply select the registered merchants from the
‘biller-list’ and provide correct payment details and it’s all
done.
Eligibility: This facility is available to all YES BANK customers.
No additional registration is required to avail the service.
Yes Pay Now

20. Convenient Payment System- Pay anytime anywhere with just
a call.
No Dependency– No need for any mobile software or
internet connection.
This service can be used by any mobile phone with any
connection.
Secure Payments– It is an extremely secure channel so need
not to disclose card CVV number, expiry details while on call,
hence chances of frauds are minimized.
Advantages of Axis Call & Pay over Yes Pay Now:

21. AXIS NGPAY
The One Stop Solution for Next
Generation

22. Ultimate solution for ticket booking, recharge, shopping
cloths, gifts & lot more
Payments can be done through VISA, MasterCard,
Maestro and American Express
It is free: no charges for download, registration and use
AXIS NGPAY
Service Features:

23. AXIS NGPAY
Technical Features:
Can work with GPRS activated mobile handsets
Size is only 501kb: doesn’t need high end smart phones
Loading speed is also less(dependable on network & OS)

24. AXIS NGPAY
Security Features:
128 bit end to end financial grade security
Application layer security
Independently certified for financial transactions

25. Market Scope of Axis NGPAY and its Benefit for
Customers:
More than 70% of the population is tech-oriented
Customer can earn loyalty points
Customer can add money to NGPAY wallet for easier
transactions

26. Axis Mobile

27. Features of Axis Mobile:
Pre-Login Features:
 Recharge
 Near me
 Apply Now
 FAQs
 Bill Pay
 Shop
 Quick Balance

29. Post Login Features of Axis Mobile:
 Accounts
 Credit Cards
 Other Accounts
 Transfer
 Recharge
 Pay Bills
 Favorites
 Loyalty

31. Comparison with Yes Bank Mobile App

32. Thank You!