1. © 2012 Spanco Ltd, All rights reserved Online payments using IMPS (Mobile banking) Niraj Nakhale Business Development Manager, Spanco Ltd. nirajn@spancotele.com www.SpancoTele.com

2. © 2012 Spanco Ltd, All rights reserved Background IMPS (Inter Mobile Payments Service) allows customers to make instant, 24X7 payments to merchants. Merchants and Customers must belong to Banks mentioned in http://imps.npci.org.in/P2M_PB.asp http://imps.npci.org.in/P2M_PB.asp Mobile Banking is available on multiple channels enabling almost every customer.

3. © 2012 Spanco Ltd, All rights reserved MERCHANT1 Step 1Step 1 Step 2Step 2

4. © 2012 Spanco Ltd, All rights reserved Sample Transaction Visit merchant application such as web site, mobile application, or WAP site Select product / service for which payment is to be made. In the payment options available, choose IMPS. Using Mobile Banking on Mobile phone, retrieve and Enter below information : 1.Customer mobile number 2.Customer MMID 3.OTP (One-Time Password) The transaction status is displayed on the screen

5. © 2012 Spanco Ltd, All rights reserved About OTP OTP can be generated by customer by using mobile banking application or SMS facility as provided by the Bank. 1.OTP is valid for 1 hour from time of generation 2.If OTP is generated through SMS, the transaction limit is Rs 5,000/- and if OTP is generated through mobile banking application, the transaction limit is as decided by the Bank (Rs 50,000/- for most banks) 3.OTP is valid only for one transaction – Successful or Failure 4.Only one OTP (latest generated OTP) is valid at a time

6. © 2012 Spanco Ltd, All rights reserved Pricing * Introductory Limited period discount

7. © 2012 Spanco Ltd, All rights reserved Advantages of Mobile Payments Cost per transaction is flat, not dependent on Transaction Value. No other Payment Engine guarantees instant fund transfer like in Mobile Payments. Financial Inclusion : Almost every user can avail Mobile Banking as oppose to Netbanking/CC cards. Mobile Payments ensures maximum coverage, useful especially in Semi urban/ rural India. 24*7*365 availability Completely Safe and Reliable (Promoted by NCPI, Government of India undertaking). Instant confirmation to sender and receiver 99.9 % Server uptime.

8. © 2012 Spanco Ltd, All rights reserved For Queries refer to  http://imps.npci.org.in/home.asp http://www.npci.org.in/aboutimps.aspx http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=1750