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 functioning, operated, or performed without
using coins or banknotes for money
transactions but instead using credit cards or
electronic transfer of funds.
Rank Country Noncash Payments' Share Of Total
Value Of Consumer Payments
% Of Population
With A Debit Card
1 Belgium 93 86
2 France 92 69
3 Canada 90 88
4 U.K 89 88
5 Sweden 89 96
6 Australia 86 79
7 Netherland 85 98
8 U.S 80 72
9 Germany 76 88
10 South Korea 70 58
 Cheque
 Demand Draft
 Credit Card or Debit
Card
 Mobile Wallets
 UPI Apps
 Gift Card
 Aadhaar Enabled
Payment System
 Unstructured
Supplementary Service
Data
 UPI was launched by National Payments Corporation
of India with Reserve Bank of India's (RBI) vision of
migrating towards a 'less-cash' and more digital
society.
 It is a system that powers multiple bank accounts
(of participating banks), several banking services
features like fund transfer, and merchant payments
in a single mobile application.
 It is a Mobile App developed by National Payments
Corporation of India (NPCI) along with JUSPAY, based
on UPI.
 launched by Prime Minister of India Narendra Modi to
facilitate e-payments directly through bank at a Digi
Dhan programme at Talkatora Stadium in New Delhi
on December 30, 2016.
 BHIM allow users send or receive money to
other UPI payment addresses.
 BHIM allows users to check current balance in
their bank accounts.
 BHIM allows users to choose different bank
account for conducting transactions.
 Users can create their own QR code.
 It is the innovative payment service launched by
NPCI includes *99# service.
 *99# service was dedicated to the nation by the
Honorable Prime Minister of India Shri Narendra
Modi on 28th August 2014 as part of Pradhan
Mantri Jan Dhan Yojana (PMJDY).
 *99# service has been launched to take the
banking services to every common man across
the country
1. Link your number to your bank account.
2. Dial *99# from your phone.
3. Fill in the first 3 letters of your bank against
Short Name QR first 4 letter of IFSC.
4. Choose “Fund Transfer-MMID” option.
5. Enter the payee’s mobile number and MMID.
6. Enter the amount and your MPIN, leave a
space and enter the last 4 digits of your
account number
 Works without Internet.
 works even on
holidays.
 Accessible through a
common code *99#
across all TSPs.
 Works across all GSM
service providers and
mobile handsets.
 AEPS allows bank to bank transactions.
 You can use AEPS with the help of PoS
machines. You can withdraw or deposit cash,
send money to another Aadhar linked
account with it.
 it is the most secure digital payment mode.
 Lack of access to banking.
 Consumer behavior.
 Large unorganized sector.
 Lack of awareness among consumers.
 Going cashless boost economy because cost
of managing paper money is high.
 Going cashless dethrone terrorism and
criminals.
 You can't become corruption free unless you
are cash-free.
 It also adds up to environment as no tree will
be cut for printing paper money.
 It is anti-biotic for fake currencies.
 www.gktoday.in/iaspoint/current/india
 hhpts://en.wikipiedia.org/
 Social media.
 News Reports.
Cashless in india ppt

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Cashless in india ppt

  • 1.
  • 2.  functioning, operated, or performed without using coins or banknotes for money transactions but instead using credit cards or electronic transfer of funds.
  • 3. Rank Country Noncash Payments' Share Of Total Value Of Consumer Payments % Of Population With A Debit Card 1 Belgium 93 86 2 France 92 69 3 Canada 90 88 4 U.K 89 88 5 Sweden 89 96 6 Australia 86 79 7 Netherland 85 98 8 U.S 80 72 9 Germany 76 88 10 South Korea 70 58
  • 4.
  • 5.  Cheque  Demand Draft  Credit Card or Debit Card  Mobile Wallets  UPI Apps  Gift Card  Aadhaar Enabled Payment System  Unstructured Supplementary Service Data
  • 6.  UPI was launched by National Payments Corporation of India with Reserve Bank of India's (RBI) vision of migrating towards a 'less-cash' and more digital society.  It is a system that powers multiple bank accounts (of participating banks), several banking services features like fund transfer, and merchant payments in a single mobile application.
  • 7.  It is a Mobile App developed by National Payments Corporation of India (NPCI) along with JUSPAY, based on UPI.  launched by Prime Minister of India Narendra Modi to facilitate e-payments directly through bank at a Digi Dhan programme at Talkatora Stadium in New Delhi on December 30, 2016.
  • 8.  BHIM allow users send or receive money to other UPI payment addresses.  BHIM allows users to check current balance in their bank accounts.  BHIM allows users to choose different bank account for conducting transactions.  Users can create their own QR code.
  • 9.  It is the innovative payment service launched by NPCI includes *99# service.  *99# service was dedicated to the nation by the Honorable Prime Minister of India Shri Narendra Modi on 28th August 2014 as part of Pradhan Mantri Jan Dhan Yojana (PMJDY).  *99# service has been launched to take the banking services to every common man across the country
  • 10. 1. Link your number to your bank account. 2. Dial *99# from your phone. 3. Fill in the first 3 letters of your bank against Short Name QR first 4 letter of IFSC. 4. Choose “Fund Transfer-MMID” option. 5. Enter the payee’s mobile number and MMID. 6. Enter the amount and your MPIN, leave a space and enter the last 4 digits of your account number
  • 11.  Works without Internet.  works even on holidays.  Accessible through a common code *99# across all TSPs.  Works across all GSM service providers and mobile handsets.
  • 12.  AEPS allows bank to bank transactions.  You can use AEPS with the help of PoS machines. You can withdraw or deposit cash, send money to another Aadhar linked account with it.  it is the most secure digital payment mode.
  • 13.  Lack of access to banking.  Consumer behavior.  Large unorganized sector.  Lack of awareness among consumers.
  • 14.  Going cashless boost economy because cost of managing paper money is high.  Going cashless dethrone terrorism and criminals.  You can't become corruption free unless you are cash-free.  It also adds up to environment as no tree will be cut for printing paper money.  It is anti-biotic for fake currencies.