This document discusses various modes of cashless transactions in India. It defines cashless transactions as any fund transfer or payment made without the use of cash, using cards, mobile phones or online banking. It describes the major modes of cashless payments in India, including smart cards, net banking, mobile wallets, NEFT/RTGS, USSD, UPI, and ePOS. For each mode, it provides a brief overview of how the transaction works - such as inserting a debit or credit card into a POS machine to make a payment, or downloading a mobile wallet app to send money to others. The document also lists some of the benefits of cashless transactions like convenience, discounts and easy tracking of

1. CASHLESS TRANSACTION
सादरीकरण:राजीव नंदकर,जजल्हा पुरवठा अधिकारी जालना
Smart
cards(master/vi
sa/Rupay)
Net banking
/Online Banking
Mobile
wallet/Net wallet

2. WHAT IS cashless transaction
and degital payments
The RBI classifies every mode
of cashless fund transfer
or transaction using cards or mobile phones
as 'prepaid payment instrument'. These can
be issued as smart cards, magnetic stripe
cards, Net accounts, Net wallets, mobile
accounts, mobile wallets or paper vouchers.
Cashless Transactions

3. CASHLESS TRANSACTION
Cashless Transactions
scalabity .
Transp-
arency
.
Accoun-
tability

4. Why Cashless ?
Convenience
Discount/Cashback/
Rewards
Easy
Tracking of
spending

5. CASHLESS TRANSACTION
Smart
cards(master/vi
sa/Rupay)
Net banking
/Online Banking
Mobile
wallet/Net wallet
NEFT/RTGS

6. CASHLESS TRANSACTION
USSD AEPS UPI ePOS

7. SMART CARDS/PLASTIC
CARDS
Swipe your
card(ATM cum
DEBIT/CREDIT)
Put your PIN
Get a cash/
Receipt
Do transactions

8. ONLINE BANKING/NET BANKING
Get your ID and
Password from bank
Put your ID and
Password on PC
Do bank
transactions,transfer
Amount,balance
Enquiries,Mini
statements
Get a service or
good

9. MOBILE WALLET/NET WALLET
Download e
wallet on your
smart phone
through play
store
(Paytm,Mobikwik,
oxigen)
Register
your mobile
number as
a VPA
Do your
transaction
Get a
services or
goods

10. RTGS/NEFT
REAL TIME
GROSS
SETTLEMENT
NATIONAL
ELECTRONICS
FUND
TRANSFER
MONEY
TRANSFER
HIGH VALUE
TRANSACTIONS

11. RTGS/NEFT

12. USSD
Unstructured Supplementary Service Data
Platform allow banking
transaction through
featured phone without
internet
Link mobile number
with bank
You will get
MMID(mobile money
Identifier)And
MPIN(mobile pin)

13. USSD
Unstructured Supplementary Service Data
Enter in NUUP(National
Unified NUUP Platform)
enter your bank name 3
letter and ifsc code 4
letter
SELECT YOUR
OPTION
ENTER
BENIFICIARY
DETAILS
(MOBILE
NUMBER) and
MMID number
Use Facility e .g.
Transaction
Balance enq,
mini statement

14. UPI
Unified Payment Interface
Register your
mobile number
with your bank
account in bank or
through ATM
Download yours
bank APPs in your
smart
phone(BHIM)
Create Your virtual
payment address
(VPA) e.g. mobile
number or Aadhar
After registration
set MPIN for
further transaction

15. ePOS
electronic Point Of sale
ePOS either used
for card
transactions or
AEPS transactions
Insert Your plastic
Card in POS
machine
Use option and do
your required
transaction

16. POS instrument
POS machine

17. Cashless concerns
Poor
connectivity
security
Merchant
acceptance

18. .
Cashless
economy
Cashless
transactions
/Digital
Payments
Cashless
society

19. जिल्हा पुरवठा अधिकारी, िालना