DIGITAL 
                PAYMENTS - PROCESS 
                    AND 
                  SAFEGUARD
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                            Table of 
                            contents
                                                Titl                                                                                                                                                                                                                                                                                     Slide 
                                                e                                                                                                                                                                                                                                                                                        No.
                                           What is digital paym________________________________________________________________ ent                                                                                                                                                                                                                             05
                                           Modes of digital payment
                                                                                                                         ______________________________________________________________ 06
                                           Pros & Cons of digital payment
                                                                                                                                               ________________________________________________________ 16
                                                                                                                                                      ______________________________________________________ 17
                                           Safeguard digital transactions
            Digital Payments – Process & 
            Safeguard
                                                                              4
     Objective
         Concept of         Modes of         Pros & Cons of       Safeguard 
        digital payment   digital payment    digital payment   digital transactions 
   Digital Payments – Process & 
   Safeguard
                                                                                                     5
  What is digital payment?
        Way of making cashless payment
        Transaction between payer and payee takes place online, without physical exchange of 
        money. 
        Money exchanged digitally using banking cards, internet, smartphones. 
    Digital Payments – Process & 
    Safeguard
                                                                                                        6
        Modes of digital 
        payment
                               Mobile              USSD               Point                
           Interne            wallets                               of Sale            Bankin
              t                                                                        g Cards
               
           Bankin      Mobile                           Aadhar Enabled 
              g                          Micro         Payment System         Unified 
                      Bankin             ATMs                               Payments 
                      g                                    (AEPS)            Interface 
                                                                               (UPI)
    Digital Payments – Process & 
    Safeguard