Go Cashless , Be Digital

Basic Architecture of Cashless Transactions Acceptance Infrastructure Utilities Government Merchant Aadhaar (Identity Management/Authentication) Big Gap C2B C2G C2G Banks Transaction Modes: Mobile/ Card (UPI,IMPS,USSD,AEPS.) P2P Citizen Citizen Role of Banks

Present Scenario There is huge gap in acceptance infrastructure Role of Government: Create an acceptance infrastructure (Acceptance Development Fund) All merchants, utilities must have PoS machines

Way Forward Merchants and kirana shops to be encouraged for use of PoS All banks to issue rupay cards to every account holder All bank accounts to be seeded with aadhaar and mapped to NPCI Mobile based (Smart phones): a)All Govt offices to have virtual id for using UPI b) encourage use of smart phones by citizens Mobile based (Feature phones): USSD with Aadhaar based security feature

Way Forward PoS in all govt touchpoints (BC or merchant) PoS is workable with RuPay card and biometrics devices. Essentially we can use RuPay card or Aadhar based biometric authentication to do transactions 29,000 e-PoS machines available with Fair Price shops can be converted into Business Correspondents (BC). All MeeSeva kiosks can be converted into PoS Additional BC can be appointed (Self-Help Group)

Rural & Urban Services – Touch Points Immediate Medium Term Long Term Business correspondents Opening Bank Account via eKYC Online Transfer Deposit Withdrawal Balance Enquiry PDS Aadhaar Based Public & Private Health Centers Old Currency Acceptable till 24th Nov Business Correspondents - Aadhaar / Rupay Transport RTC Bus Business Correspondents – Aadhaar / Rupay eWallets PoS-Card Common Payment Solution Universal Payment and acceptance– Across – Bus, Metro, Tolls, Auto, Taxis Private Schools PoS – Aadhaar & Rupay Card, Online Payment, Cheques, DD PoS – Aadhaar & Rupay Card, Online Payment,Cheques, DD, UPI PoS – Aadhaar & Rupay Cards, Online Payment, Deposits,Cheques, DD, UPI

Rural & Urban Services – Touch Points Immediate Medium Term Long Term Mee Seva Business Correspondents - Aadhaar / Rupay POS – Major centres PoS – Aadhaar & Rupay Cards, Online Payments, Wallets, UPI, USSD Common Payment Solution – Universal Payment and acceptance - All C2G Transactions Land Registration Online Payments, DD Raithu Bazar Business Correspondents – Aadhaar / Rupay Fair Price shop dealers PoS – Aadhaar & Rupay Cards Common Payment Solution Universal Payment and acceptance Milk Vendors Mobile Payments , POS machines Mobile Payments , PoS – Aadhaar & Rupay Cards machines Essential Commodity Dealers, FP shop dealers GAS Accepting Old Currency – Upto 24th November – GOI of guidelines

Rural & Urban Services – Touch Points Immediate Medium Term Long Term Mandi’s / Markets Business Correspondents - Aadhaar / Rupay PoS – Aadhaar & Rupay Cards, Online Payment, Medical Shops Accepting Old Currency – Upto 24th November – GOI of guidelines PoS – Aadhaar & Rupay Cards Fertilizer Outlets AEFDS PoS – Aadhaar & Rupay Cards, Online Payment, Cheques, DD Taxes Old Currency Acceptable till 24th Nov Common Payment Solution – Universal Payment and acceptance - All C2G Transactions

Avenues for Cashless Transactions

Extended Reach by Multi-channel Offerings Banker Agent Network (BC) Multi-channel delivery model m-Banking Call centre Branch Network Internet Bank ATM Network

Working of Micro ATMs Micro ATM Inter Bank Cash Deposit / Withdrawal - Process flow Customer’s Inputs: IIN AADHAAR Number Amount of Cash to be Deposited/ Withdrawn Finger Print Data

Micro ATM Interbank Funds Transfer - Process flow Remitting Customer’s: IIN Aadhaar Number Amount to be remitted Finger Print Data Beneficiary Details: IIN Aadhaar Number

*99# (An Overview)

Works on all GSM Handset Application like interactive menu Why USSD ? Works on all GSM Handset Application like interactive menu No Application installation required More Secure than SMS Internet is not required Additional Channel Banking Accessible through common code Available on Roaming

*99# 11 Multi-lingual languages. English *99# *99*22# Hindi *99*23# Tamil *99*24# Telugu *99*25# Malayalam *99*26# Kannada *99*27# Gujarati *99*28# Marathi *99*29# Bengali *99*30# Punjabi *99*31# Assamese *99*32# Oriya

*99# Ecosystem TSP Available across all 11 GSM Telecom Service Providers (TSPs) in the country Banks 55 Banks part of service – Includes all 27 PSU Banks , 14 leading Private Sector Banks & 10 Cooperative Banks Services 8 Services Offered – Includes Banking, Non-banking and Value Added Services Coverage Available in 12 languages including English & Hindi

NUUP : Services Offered Fund Transfer (Mobile & MMID) Fund Transfer (IFSC & Account No) Fund Transfer (Aadhaar Number)* Financial Transactions Balance Enquiry Mini Statement Request MMID Generate M-PIN * & Change M-PIN Generate OTP Non-Financial Transactions Query Service on Aadhaar Mapper (*99*99#) Agent Initiated Transactions * Value Added Service * Currently not offered

Balance Inquiry

+ UPI App Features Self Signup Powers multiple bank accounts Single click Two Factor authentication Universal Application for transaction Safer, Secured and Innovative Virtual Private Address Accounts Balance Enquiry IMPS Fund Transfer to Account Collect Request Money Complaint Management History +

+ Mobile Banking Features Self Signup Accounts Balance Enquiry Fund transfer To Mobile / to Account Immediate Payment Service (P2P) Immediate Payment Service (P2A) Immediate Payment Service (P2M) Donations VAS Mobile Recharge +

UPI- Unified Payments Interface Push and Pull Payments Virtual Address – (‘Username@PSPName’) No need to disclose Account No. & remember IFSC Code Banks – (Payment Service Provider) will provide App to customers of any bank One App for all banks Single Click 2FA MPIN or OTP for Authentication UPI for Smart Phone segment Application based USSD for feature Phone users

Cash Facilitation Counters at Rythu Bazaars, Vijayawada Micro-ATMs

PoS devices with Vegetable Vendors, Vijayawada AGENTS OF CHANGE

Thank You