Bankers to Digital India

Everyday Banking through Digital VISION Less-cash Society Everyday Banking through Digital Efficient Payments Cost Reduction Financial Inclusion

NATURE OF DIGITAL TRANSACTIONS P2P Transactions 1. P2M Transactions 2. Face to Face or Proximity Transactions Remote/Online Transactions P2G Transactions 3. Face to Face or Proximity Transactions Remote/Online Transactions

Aadhaar Based Payments P2P Transactions Onlinesbi.com State Bank Anywhere, USSD Buddy, MobiCash SBI Pay, BHIM Aadhaar Based Payments

Our Solutions for Merchant Acquiring P2M & P2G Transactions Face to Face / Proximity Our Solutions for Merchant Acquiring PoS Terminals Card based acceptance QR Code Based acceptance Payment through Buddy State Bank Buddy P2P App. Merchant App Integration with Billing System SBI Pay , BHIM, UPI (USSD) AMPS (Aadhar Based Merchant Payment System) Online / Remote Our Solutions for Merchant Acquiring Direct Acquisition State Bank Collect/e-Handshake/MOPS/SBI ePay Buddy Billers & Market-Place Lotus Billers & Market Place BBPS Interface ASVA (Acquisition of Sub-Merchants Via Aggregators) For payment through SBI Net Banking State Bank Anywhere PG Buddy UPI* (* to be initiated)

P2M & P2G Transactions (Face to Face) Suggested solutions for specific targets Face to Face / Proximity Our Solutions for Merchant Acquiring PoS Terminals Card based QR Code Based acceptance Payment through Buddy State Bank Buddy P2P App. Merchant App Integration with Billing System SBI Pay , BHIM (USSD) AMPS (Aadhar Based Merchant Payment System) Rural/ Micro Merchants BHIM (USSD) Buddy P2P AMPS - SM Small Merchants/ Single Establishment Buddy Merchant SBI-Pay POS Hotels/ Chain Stores/ Govt. Entities / Services PoS Billing API-Buddy Buddy Merchant with Sub-Merchant Module SBI Pay AMPS - LM Payment on (home) Delivery Services Mobile PoS Buddy Merchant BHIM | SBI Pay AMPS

Buddy app on smartphone Infrastructure Requirements eComm/ ePay PoS Buddy UPI USSD AMPS PoS Terminals / Mobile Phone + Dongle Smart-phone and Buddy (M) app Feature / Smart Phone Interface with acquirer/ aggregator MERCHANTS Smart Phone and SBI pay App Smart phone + Bio-metric scanner Debit or Credit Card Or Smart-phone for QR code Buddy app on smartphone SBI Pay or any UPI App including BHIM/USSD Feature / Smartphone Aadhaar No. PC /Laptop/ Mobile with internet Connectivity Card or INB or Wallet or UPI app PAYER CUSTOMER

Merchant Acquisition Strategy Apart from stand alone acquisitions, thrust should be on acquiring the entire value-chain, Corporate wise/ Govt. Segment wise/ Geography wise (Village, City, Colony) A particular business segment, consumer segment (eg. State transport buses, students, migrants etc.) Use digital as tip of the spear to extend engagement with customer for other financial products The converse of point 3 Combined App for merchants such that from one single app he can receive payment from consumers holding any UPI app or USSD, Buddy or QR Code of card. 1 2 3 4 5

Acquiring Of Toll Plazas NEW INITIATIVES AT MAB QR Code based acceptance. Interoperable among card schemes. No CAPEX (No need of PoS Terminal and plastic card) Low OPEX (No need of terminal maintenance, consumables etc). To be launched in January 2017. 1 INDIA QR Code Bank will process ETC Transactions at Toll Plazas as an Acquiring Bank. NHAI has allotted 39 toll plazas to SBI. Requests are coming from State Highways also (e.g: MP State Highways) Both TSPs: Hitachi and Worldline are ready for integration. POC completed at 8 Toll Plazas NPCI to advise the date of implementation ETC: Acquiring Of Toll Plazas 2 Customized Solution for Railway Refund We are deploying PoS Terminals at Railway Counters. A customized solution is being developed to handle Railway refunds in case of cancelled tickets. 3

4 5 NEW INITIATIVES AT MAB Aadhar Based Payment Reverse PoS NPCI AEPS system will be leveraged to make payments to small merchants. Model for making payment to big merchants, using Aadhar, is also being worked out. 4 Aadhar Based Payment 5 POC done successfully Propose to install terminals at APMC to enable traders to make card based payment to farmers Reverse PoS

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