The document discusses the transition towards a cashless economy, highlighting the benefits of digital payment methods such as convenience, increased transparency, and enhanced tracking of transactions. It outlines various digital banking services including mobile wallets, mobile banking apps, and internet banking, alongside technologies like UPI and USSD for secure transactions. Additionally, it emphasizes the importance of authentication methods like PIN and OTP in securing financial operations.

1. Step towards Cashless Economy

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

5. AEPS
UPI
Micro ATM

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).

7. Bank
cards
Debit
card
Credit
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

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

16. https://www.youtube.com/watch?v=8pqbn0zsUqg

17. Your Contribution towards cashless India

18. ANY QUESTIONS ?