1. Digital Payment Modes Devendra Pandey
Ruchi’s Institute of Create Arts POLYTECHNIC
19/3, Dayanand Marg, Allahabad

2. Vittiya Saksharta Abhiyan (VISAKA) Campaign
This is to aware students of RICA, to use digital payment for transfer of funds and encourage and motivate all payers and payees to use a digitally enabled cashless economic system.
Ruchi’s Institute of Create Arts POLYTECHNIC

3. Category of Digital Payments…
BANK CARDS:
A small plastic card that can be used as a method of payment
MOBILE PHONE UTILITY:
A payment services operated, under govt financial law to perform from a mobile device.
AEPS:
Biometric and Demographic centralised database, based on 12-digit unique identity number
jANM/mRITU/aAY/sTHAN/sHIKSHA
Ruchi’s Institute of Create Arts POLYTECHNIC

4. Digital payments at a glance
BANK CARD
1. Prepaid Cards
2. Debit Cards
3. Credit Card
MOBILE BANKING
3.USSD (Unstructured Supplementary Service Data)
4. UPI (Unified Payment Interface for banks)
5. Mobile wallets (Pay and receive payments by digital Bank details)
AEPS (Aadhar enabled payment system)
Ruchi’s Institute of Create Arts POLYTECHNIC

5. BANK CARDS: Prepaid Cards
A Prepaid card give facility to spend money that you have already loaded in advance. It is not linked to a bank account.
Easy to monitor
Top-up controls, spend money
Not Linked to bank account
Low protection.
May charge fees for various services.
Monthly fees, Top-up fees, Transaction fees, ATM withdrawal fees
Ruchi’s Institute of Create Arts POLYTECHNIC

6. Quick to complete a purchase No need to carry cheque book
Debit Card
A debit card give facility to spend money direct from bank account. It is a bank linked account.
Quick to complete a purchase
No need to carry cheque book
Sim based protection.
No monthly, Top-up fee
Linked to bank account
High risk of theft
Ruchi’s Institute of Create Arts POLYTECHNIC

7. Credit Card Provide financial backup Allow instalments
Credit card is used to borrowing money. You take and use money with the intention of return it on time.
Provide financial backup
Allow instalments
Offer discounts, Points, Cash back etc
Use everywhere, especially overseas
Interest
Late fee
Ruchi’s Institute of Create Arts POLYTECHNIC

8. Process to get a Bank Card
Apply For Your Card
Receive Your Card
Receive Your Pin
Activate Your Card
Change Your Pin Regularly
PIN of card always issued by bank separately
Ruchi’s Institute of Create Arts POLYTECHNIC

9. MOBILE PHONE UTILITY USSD UPI Mobile wallets
Unstructured Supplementary Service Data for banking services
UPI
Unified Payment Interface by banks
Mobile wallets
(Regular/daily financial transaction by digital Bank details)
Ruchi’s Institute of Create Arts POLYTECHNIC

10. USSD for bank transaction
Dial *99# from any GSM phone
Type 3 letter of your Bank’s short name or IFSC
Proceed with wizard as required
Ruchi’s Institute of Create Arts POLYTECHNIC

11. USSD- Bank menu 1. Account Balance 2. Mini Statement
3. Send money using MMID
4. Send money using IFSC
5. Show MMID (7 digits)
6. Change MPIN
7. Generate OTP
PS: (MMID) is Mobile Money Identifier Number
(MPIN) Mobile Personal Identifier Number
USSD can be used for payments upto Rs 5000 /day / customer
It is conducted by (NUUP) National Unified USSD Platform
Ruchi’s Institute of Create Arts POLYTECHNIC

12. USSD: Money Transfer sequence
Enter Beneficiary mobile No
(Recheck before send)
Enter beneficiary MMID
Type the amount you want to transfer (Suppose Rs. 500 to beneficiary)
Type mobile number and MMID
Finally type your M-PIN to proceed transaction.
You will get credit/debit details along with IMPS ref No.
Ruchi’s Institute of Create Arts POLYTECHNIC

13. UPI
Requirements:
Smartphone with internet facility Bank Account details (only for registration)
APS available from Various Banks: PNB Interface are follows
Ruchi’s Institute of Create Arts POLYTECHNIC

14. UPI Registration process
Download Any Bank’s App
Choose Your Unique Id (Aadhar, Mobile No.)
Select Your Bank
Give Account Details to registration
Set M-Pin for Transactions
Ruchi’s Institute of Create Arts POLYTECHNIC

15. Sending Money on UPI Choose “Send Money” Enter Payee’s Payment Address
Enter Amount
Write Remarks For Transaction
Validate the Details
Press “Send”
Ruchi’s Institute of Create Arts POLYTECHNIC

16. Collecting Money (Raise a demand)
Choose “Collect Money”
Enter Payer’s Virtual Payment Address
Enter Amount
Enter When Do You Want To Collect
Write Remarks For Transaction
Hit “Confirm”
Ruchi’s Institute of Create Arts POLYTECHNIC

17. Digital Wallets
It required Bank Account, Smartphone, 2G/3G Connection & A Digital Wallet App
Its electronic pre-paid payment for internet enabled phone.
Used for payments: On-line with a computer or phone
A bank card is required for digital wallet to load money in it.
Most banks have their e-wallets
Some private companies also give facility for digital wallet
Ruchi’s Institute of Create Arts POLYTECHNIC

18. Digital Wallets Payment Process
Downloads the App
Register Yourself Using Mobile
Load Money into Wallet Using Debit Card/Credit Card Of Net banking
Start Using VPA to Make Payments
CONSUMER WALLET LIMITS: RS.20,000/MONTH FOR ALL. RS.1 LAKH/MONTH WITH KYC
Ruchi’s Institute of Create Arts POLYTECHNIC

19. AEPS (Aadhar enabled payment system)
Aadhar enabled Services
Do transactions without remembering any PIN
MicroATM are used for AEPS payments
Ruchi’s Institute of Create Arts POLYTECHNIC

20. Process steps for AADHAR enabled payment
Go To A MicroAtm Or Banking Correspondent
Provide Your Bank Name and Aadhaar Details
Choose Which Transaction To Do
Provide Finger Print On Scanner
On Successful Transaction, Take The Print Slip
Process Completed
Ruchi’s Institute of Create Arts POLYTECHNIC

21. AEPS payment options –Balance Enquiry –Cash Withdrawal –Cash Deposit
–Aadhaar to Aadhaar Funds Transfer
Ruchi’s Institute of Create Arts POLYTECHNIC

22. POINT OF SALE (POS) PHYSICAL POS and M-POS V-POS
Physical Card Swiping – PTSN with landline / GPRS enabled
Phone connected with external POS device through jack / Bluetooth
V-POS
Virtual E-payment Gateway
Ruchi’s Institute of Create Arts POLYTECHNIC

23. Physical PoS and MPOS SWIPE A DEBIT/CREDIT CARD ON THE POS MACHINE
ENTER AMOUNT TO BE PAID AND PIN
GENERATE RECEIPT
Ruchi’s Institute of Create Arts POLYTECHNIC

24. V-POS No PoS machine required
QR code used for payment to bank account of merchant
Complete privacy of merchant bank account
QR: Quick Response Code
Ruchi’s Institute of Create Arts POLYTECHNIC

25. REMEMBER Register your mobile number at Bank.
Check for regular information by SMS for every transaction
Never share your PIN to anyone
Transact with only trusted merchants
While using at ATM, ensure no one is looking over your shoulders
Ruchi’s Institute of Create Arts POLYTECHNIC

26. Summary
Ruchi’s Institute of Create Arts POLYTECHNIC

27. END Ruchis Institute of Create Arts POLYTECHNIC
Thank you for support Digital India mission
Devendra Pandey
Ruchis Institute of Create Arts POLYTECHNIC
19/3, Dayanand Marg, Allahabad
Website: Phone:
Ruchi’s Institute of Create Arts POLYTECHNIC