Digital Payments

STEP BY STEP INSTRUCTIONS FOR VARIOUS MODES OF PAYMENT:

BHIM Aadhaar, BHIM (UPI), USSD, AEPS, Cards, e-Wallets, PoS
BHIM Referral and Cashback Schemes
BHIM Aadhaar (Only
for Merchants)
 Requirements for registration on BHIM Aadhaar

REQUIREMENTS FOR MERCHANTS AVAILABILITY

Smartphone with internet facility Merchant on-boarded by his/her bank

Fingerprint Scanner attached to

smartphone 22 banks on BHIM Aadhaar; more
coming soon

Aadhaar Number seeded to bank

account
 BHIM Aadhaar

1 WHAT IS BHIM AADHAAR?

2 FEATURES OF BHIM AADHAAR

– Aadhaar based system for – Direct credit transactions from

merchants - a/c to a/c transfers customers’ bank a/c to
– Customers can pay without merchants’ bank a/c
need of card/phone – Instantaneous transfer
– Merchant can accept payment – Authentication by
through his mobile phone using customers’ fingerprint –
a fingerprint scanner highly secure
 Receiving Money on BHIM Aadhaar

Register for BHIM For receiving payment – enter Aadhaar number of Message displayed after
Aadhaar App customer and get fingerprint authentication successful transaction
(On-boarded by Bank)
BHIM (UPI)
 Bharat Interface for Money (BHIM)

1 WHAT IS BHIM?
2 FEATURES OF BHIM
– National system for a/c to a/c – Much more than e-wallets;
transfers money does not stop earning
interest
– One app for all users from all
– Direct transactions from and to
banks your bank account
– Instant registration and – Faster and cheaper than
transaction NEFT, RTGS
 Requirements for registration on BHIM

REQUIREMENTS AVAILABILITY

Smartphone with internet facility BHIM app available on Google Play

Store, Apple phones
Bank Account details (only for
registration) 44 banks on BHIM; more coming
soon

Phone number should be

registered with your bank
 Registering on BHIM

Your Bank

Choose language after Choose SIM Select the bank and Homepage after
installing registered with bank enter details successful registration
 Security Features of BHIM

Your Bank

Verification with mobile UPI PIN for making

number and phone Password for opening
handset BHIM app transactions
 Sending Money on UPI

Your Bank
Your Bank

UPI PIN SET SUCCESSFULLY

Select option “Send” on Enter mobile number of Enter you UPI PIN Message displayed after
BHIM app homepage payment address of successful transaction
payee
 Scan and Pay on BHIM

Your Bank

 Select “Scan and Pay”

 Application opens a QR scanner

 Scan the QR code of payee

 Details of payee displayed on

screen

 Enter the UPI PIN, transaction

can be completed
Unstructured Supplementary Service Data (USSD)
*99# - National Unified USSD Platform (NUUP) integrated with BHIM (UPI)
 Required for Activation

1 ACCOUNT IN A BANK 2 ANY MOBILE PHONE ON GSM

NETWORK; NO INTERNET NEEDED

Can be used for payments upto Rs 5000 per day per customer
Registration

Process
– Dial *99# from
bank registered
number
– Select account
– Now account
registered for
USSD
Setting up BHIM (UPI) PIN

Process
– Dial *99*7*1# from
bank registered
number
– Enter debit card details
– Enter new UPI PIN
– PIN set
Send Money to Mobile/Aadhaar/ Payment Address
Aadhar enabled payment system (AEPS)
 Aadhaar Enabled Payment System (AEPS)

AEPS allows bank-to-bank

transaction at PoS (MicroATM) with
the help of Banking Correspondent
Aadhar enabled Services
– Balance Enquiry
Seed your account with your – Cash Withdrawal
Aadhaar number – Cash Deposit
– Aadhaar to
Aadhaar Funds
Transfer
Now do transactions without
remembering any PIN
 Key Steps for AEPS Transaction

GO TO A
MICROATM PROVIDE CHOOSE
OR BANKING YOUR BANK WHICH
CORRESPOND NAME AND TRANSACTION
ENT AADHAAR TO DO

ON
SUCCESSFUL PROVIDE
PROCESS
TRANSACTION FINGER PRINT
COMPLETED
, TAKE THE ON SCANNER
PRINT SLIP
MicroATM Transaction
Bank Cards
 Getting a Bank Card

1 HOW TO ISSUE A CARD

FROM YOUR ACCOUNT 2 ACTIVATE YOUR CARD
– At your Bank’s ATM by even
– Approach nearest bank branch balance checking
– Multiple cards from one – At your bank branch by any
account
transaction
– PIN issued by bank separately
 Point of Sale (PoS) & Card steps

BANKS ISSUE VARIOUS USE YOUR CARD TO SHOP PREPAID CARD CAN BE
CARDS FOR THEIR ANYWHERE ISSUED BY ANY BANK
ACCOUNT HOLDERS FROM ACCOUNT OR CASH
(FOLLOWING BENEFITS)

Prepaid Cards At any Pre-loaded card

Debit cards PoS At Equivalent to cash

Credit Cards ATM Can be recharged several times

Online shopping Can be used at any PoS, ATM

Wallets
 What are e-wallets?

Electronic pre-paid payment system, mobile-first

Used in purchasing items on-line with a computer or a
An individual's account is required to be linked to the digital wallet
smartphone
Most banks at a store.
have their e-wallets and some private companies
to load money in it.
 Using Wallets

Consumer Wallet Limits: Rs.20,000/month for all. Rs.1 lakh/month with KYC

CONSUME
START
R DOWNLOA DS THE APP ON SMARTPHO NE LOAD MONEY
USING WALLET TO MAKE PAYMENT S
SIGN UP USING DEBIT CARD/CREDIT CARD OF NETBANKING
USING MOBILE

Merchant Wallet Limits: Rs.50,000/month with Self Declaration. Rs.1 lakh/month with KYC

SHOPKEEP
SELF
ER
SIGN UP DECLARE ITSELF AS A MERCHANT START
/SERVICE PROVIDER DOWNLOAD S THE APP
USING MOBILE ACCEPTING PAYMENT

Basic Requirements to Start Using a Wallet: Bank Account, Smartphone, 2G/3G Connection & A Free Wallet App
Point of Sale (PoS)
 Types of PoS

PHYSICAL POS MPOS V-POS

Physical Card Swiping – PTSN Phone connected with external Virtual E-payment Gateway
with landline / GPRS enabled POS device through jack /
Bluetooth
 Physical PoS

1 SWIPE A
DEBIT/CREDIT 2 ENTER AMOUNT
TO BE PAID AND
3 GENERATE
RECEIPT
CARD ON THE POS PIN
MACHINE
 Installation of Physical PoS Terminal

1 Open / identify current

account for transactions 4 Submit following documents:
– Proof of business (any one)
• Shop & establishment registration certificate
• VAT certificate
• Sales tax

2
– Proof of address
Fill in the application form – Photo identity proof of proprietor / partner
– Financial details
(online / at the branch) • Bank statement
• Income tax return

3 Identify type of PoS

required (landline / GPRS)
5 Acceptance of MDR by merchant

6 Execution of Merchant
Establishment Agreement
 Mobile PoS

Note: mSwipe is used as an example of MPOS here

 V-PoS
No PoS machine required

QR code used for payment to bank account

of merchant

Complete privacy of merchant bank account

 Must Do Practices

Register your mobile number at bank for regular information by

Never share
SMS for everyyour PIN to
transactionanyone
Transact at only trusted merchants
While at ATM, ensure no one is looking over your shoulders
 Summary

Bank
Account

YES NO

Smartphone Non- Aadhaar Prepaid

Debit Card
Smartphone Seeded Acc. Bank card

BHIM
BHIM (UPI) Wallets BHIM POS POS
Aadhaar AEPS
(USSD) transaction transaction
 Referral Scheme for Individual Users on BHIM

1 Existing user introduces a

new user about BHIM app 4 New User makes minimum 3 successful
transactions with 3 different users

2 New User downloads the

app Existing User
Referral Bonus
New User

3 New User enter referral

code (mob. no.) of referrer
during his 1st transaction
 Cashback Scheme for Merchants on BHIM

1 Merchant downloads the

BHIM app and clicks “I am a
merchant”
CASHBACK BONUS TO
MERCHANTS

50-100 inward transactions in a month: Rs. 100

2 Fills in his details and is self-

registered as a merchant
100+ inward transactions: Rs. 0.5 per transaction

Total Monthly cashback: Ranges Rs. 100-300

3 Starts receiving payments

from customers using BHIM
th
Credited to merchant by 7 of next month
(must have >20 different
customers in a month)
Usage of Aadhaar in Digital Payments

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Aadhaar for Digital Payments – 4 Modes
1. Aadhaar Payment Bridge (APB):
A payment can be made to a person’s bank account via his/her Aadhaar number, provided it is linked to
his/her Aadhaar number. Government India transfers benefits and subsidies directly to the beneficiaries
bank account through APB. Bank is chosen through NPCI Mapper as it is a resident absent
transaction.
2. Aadhaar Enabled Payment System (AEPS):
AEPS is the platform in which a person can do basic banking transactions including withdrawal, deposit
cash, fund transfer etc. from his /her bank account at Micro-ATMs using biometric authentication. Bank is
chosen by resident as it is a resident present transaction.
3. Aadhaar Pay/ BHIM Aadhaar:
Aadhaar Pay is merchant version of AEPS. The Application works on a low cost android phone with single
finger bio-metric device. It enables merchant to take cashless payment from his customers. Bank is
chosen by resident as it is a resident present transaction.
4. Pay to Aadhaar:
It is a facility available on UPI platform integrated in BHIM app. This enables a resident to make a payment
to the Aadhaar number any other resident. The receiving Aadhaar number should be linked with his/her
Aadhaar number. Bank is chosen through NPCI Mapper as it is a resident absent transaction.

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 Pay 2
Aadhaar
Holder using
NREGA Payments
Aadhaar Holders
BHIM Users
Aadhaa AEPS Fund
APB r Pay

AEPS Cash
APB Deposit

LPG Subsidy paid by Govt. AEPS Cash

Withdrawal
NREGA Workers Micro
ATMs
AEPS Cash AEPS
AEPS Fund Deposit

Shopkeeper receiving payments LPG DBT Beneficiaries

using Aadhaar Pay Bank
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Aadhaar Payment Bridge

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Aadhaar Enabled Payment System

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Aadhaar Pay/ BHIM Aadhaar – Merchants

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Pay to Aadhaar Number in BHIM/UPI

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Points to Remember
Aadhaar Payment Pay to Aadhaar in Aadhaar Enabled Payment Aadhaar Pay/ BHIM Aadhaar
Bridge BHIM/UPI System
Used for crediting Used for crediting Used for providing banking Used for receiving payments
money to Aadhaar money to Aadhaar services like cash deposit, from customers
Holders Holders cash withdrawal, fund
transfer, balance enquiry
etc.
Resident need not Resident need not Resident need to be present Resident need to be present
be present at time be present at time at time of transaction at time of transaction
of transaction of transaction
Uses NPCI Aadhaar Uses NPCI Aadhaar Resident himself chooses Resident himself chooses
Mapper to find Mapper to find bank of his choice bank of his choice
beneficiary’s bank beneficiary’s bank
Used for transferring Used for transferring Used for providing banking Used for receiving payments
one to many one to one payment service to individual from individual customers by
payments customers by Bank Mitras shopkeepers/ merchants
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