DOCSLIB.ORG

Annexure4.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annexure4.Pdf 260 172826/2018/SO(COMPUTER CELL) File No.21(8)/2016-Comp No.21(8)/2016-Comp. Cell Government of India Ministries of Consumer Affairs,Food & Public Distribution Department of Food & Public Distribution ******** Krishi Bhavan, New Delhi Dated 11Th May, 2018 To Secretary/Principal Secretary, Department of Food & Civil Supplies, All States fUTs. Subject:-Publicizing of MDR waiver and revised BHIM incentive Schemes-reg. Madam/Sir, Please find enclose herewith a copy of D.O.letter No.12(23)/2017-DPD dated 26.4.2018 received from Ministry of Electronics and Information Technology (MeitY) on the subject mentioned above. As per information, GOI vide Gazette Notification No.6(19)/2017-DPD-1 dated 27.12.2017 has waived off Merchant Discount Rate (MDR) applicable on Debit Card/BHIM UPI/ Aadhaar-Pay transactions less than or equal to Rs. 2000/- in value for a period of two years with effect from 1st January, 2018. In the matter this Department has already written to all States/U'Is for adoption/promote digital transactions in PDS vide D.O. letter of even number dated 13/03/2018 (attached). It has further intimated by MeitY that GOIhas recently revised and extended the following incentive schemes w.eJ. 1st April, 2018 till 31st March, 2019 for promotion and wider adoption of digital payment:- (i) BHIM cashback scheme for individuals. (ii) BHIM incentive scheme for merchants. (iii) BHIM Aadhhar merchant incentive scheme. 2. It is requested that waiver of MDR charges and revised BHIM incentivization schemes may be disseminated and widely publicized in your State/U'I' through States PDS portal to promote and adoption of digital cashless transactions. Yours faithfully, Signature valid ~ Digitallysignedby 01NESHKU R. PTA Date: 2018_05 11 10:18:45 1ST _._ Reason Approved (D.K.Gupta) Director (PD) Tel. NO.23070429 Copy to: - DDG, NIC, CGO complex, New Delhi with request to display the above information in the Departmental website as well as annavitran portal. 261 172826/2018/SO(COMPUTER CELL) Gopalakrishnan S., lAS Joint Secretary ~/Tele: Tel.:24363075 a:r."'" '13"'" Email:[email protected] D.O.No .•................... N.o_.l..2(23J/20 17-DPD Sub.: Publicizing of MDRWaiver and revised BHIMincentive schemes Sir/Madam, Ministry of Electronics & IT (MeitY)has been mandated to promote digital transactions in the country. MeitYhas been co-coordinating with all the Ministries / Departments / States to achieve the target of 2500 Crore digital payment transaction, set for FY2017-18, by Hon'ble Finance Minister. 2. The efforts made by all Ministries/Departments/States for promotion of digital ~ ,...tl payments are appreciated, which resulted in significant growth in digital payment ~''''' ':» transactions from 1003 Cr. in 2016-17 to 2060 Cr. in 2017-18. The details of mode• Y' \I ~\(wise growthin digital payments have been enclosed as AnnexureA. 3. MeitYis now working with renewed focus to further strengthen the digital payment ecosystem in the country. Recently, Government of India Vide Gazette Notification No. 6(19)/2017-DPD-1. dated 27.12.2017 (attached) has waived off Merchant Discount Rate (MDR)applicable on Debit Card/BHIM UPI/Aadhaar-Pay transactions less than or equal to Rs. 2000/- in value for a period of two years with effectfrom 1st January, 2018. This will help to promote small value transactions upto Rs.2000/-. 4. Further, Government of India has recently revised and extended the following incentive schemes with effect from 1st April 2018 till 31st March 2019 for promotion and wider adoption ofdigital payment. • BHIMcashback scheme for individuals • BHIMincentive scheme for merchants • BHIMAadhaar merchant incentive scheme tJPowerTO~ Dig;toIlndioEmpower 262 172826/2018/SO(COMPUTER CELL) 5. Co-operation of all Ministries/Departments/States is expected to further improve the adoption of Digital Payments. It is requested that information regarding MDR waiver and BHIM incentive schemes, as mentioned above may be disseminated and widely publicized in all organizations (Attached Offices/ Affiliated bodies/ Autonomous Societies/Public Sector Enterprises/ Section 8 companies/ Section 25 companies/ Statutory Organizations/ Company registered under Company Act 1956 etc.) under your Ministry / Department / States. It is further requested to appropriately display the above information in websites of your Ministry / Department / States and all concerned organizations. With regards, Yours faithfully, ~ (Gopalakrishnan S.t Encl.: As above To: • All Secretaries, Government of India • Chief Secretaries of all States/UTs Copy To: • IT Secretaries of all States/UTs 263 172826/2018/SO(COMPUTER CELL) Annexure A: Growth of Digital Transactions in Last Five Years Modes/Year Growth Units rate Source Note: 1. *Above mentioned modes are included in Digital Payment 2. Cash / Cheque / Demand Draft (DO) are not considered as Digital mode of payment. 264 172826/2018/SO(COMPUTER CELL) .f ~ ~o "ito ~o-33004/99 REGD. NO. D. L.-33004/99 ciF) I ~he <5o:£ette of ~ndio mmmuT EXTRAORDINARY 'WTI-~ 1 PART I-Section 1 vr&cnR~~ PUBLISHED BY AUTHORITY "#. 05] ~~, ~, ~ 2, 2018m 12, 1939 No. 05] NEW DELHI, TUESDAY, JANUARY 2, 2018IPAUSHA 12,1939 ~~ Cf$:1f.l4i1 aitt ~ Sjaj"f)fil4i1 ~ atfQ~.:qi11 ~~,27~,2017 ~ : 2000 ~. 1fT ~ 'till ~ ~ ~"iJiTt /1ft1r ~/l!,Ofiofll{~ ~ 1ft l!!1t!atl( 'SI'11T( 1f"¥ 'SI1ITi1" ifi"(i'iT I ~. 6(19)/2017-~-1:- 1. ~ ~ ~ ~ atcrmr ~ 3lqti (:q"1I, ~ lIm:l'l 3ih:~ itorrlt ~ ~ '!'i<: 'l1mf~ ~ ~ it ml'fCf m 3ih:mrr ~T if qf{q Fda ~ # qf{if)<.-q"1l# IT{ ~I ~~~~'fiT~~~ ~'fiT~am~3ih:~ 'l1mf# ~m ~ qf{qFda ~ am ~ tnfT ~ ~ ~ ~ itcrrarr'fiT~lIR m # e1lreT ~ ;it ~~~~I 2. 1~, 2017 ~ fimr ffi;r 3f11'fi ~ ~ if ~ Cf!5f 2017-18 ~ ~ 2,500 ~ ~ ~~~~'11!;'l#'3,silqoll #~ I 3. ~ ~ ~ ~ if, 0<IT'lTft Sltcq 'i"T ~ f.'Mrif ~ f<t~ ~ it 'l1mf~ 'itllTif ~ ~ 90% 0<IT'lTft ~ # Wit ~, r~ ~ ~ ~ ~ if ~ $r it 3lffi ~ I ~ ~~~, 31Tir~~~~,;it ~ 04IQIR41 'fiT~~~ I mit ~ 0<IT'lTft # ~ nfu 3lTlRIh: CR mtr ~ ~ I 4. \jjq ~ m/~ ~~/3lT&n:-~ ~ ~eNff1R4 if ~ ~ cft"~ l1l1fR <IT 'Pi31"P:"~ 3ih:~" <IT 311'1 "II ~"1 ~ ms ~ ll"Tt<n1 it ~ ~ ~ (cft"~) CR fefK:rr \iffiTT ~ cIT 04IQIf{ifl W"iR (~31"P:), 0<IT'lTft an:r ~ ~ (atftllJQOliflaT) ~ 'it<r ~ ~ I 36 GII2018 (I) .. 265 172826/2018/SO(COMPUTER CELL) 2 THE GAZETTE OF INDIA: EXTRAORDINARY [PARTI-SEC. 1] 5. am:itani ~ 6 ~, 2017 ~ ~ m~ ~~ ~ ~am::fT: "ff1li'Tfita"~ 8'1: ~ f.'RliT ;;niT~~-;;iT01.01.2018it~Wm~"$1~~~~~~~am: "it SltdiRld eFt~~ I 6. mcfiR IDU ~ f.tuP:r Am IT<IT ~ fcf; ~ ~ -;;iT2000 ~ <IT ~ 'filT ~ ~ ~, q-.: ~am: W9' ~ ~ ~ mfifi i')jt ~ ~ ~ 'fiT ~ ~ \ill ~ I ~ ~ ~ itir ~ q-.: ~ ';r~ ~ it liB" W ~ 3ih: am: it ~ ~ ~ ~ W ~ I ~ ~ eFt l"l€f\~'i0Tfct~ f.ikI I';if! I'l ~ :- i. 1~, 2018 it 2000 ~ <IT ~ 'filT ~ ~ ~ q-.: ~ m/'lftl:1 ~ftani/3lTm<-it ~ q-.: ~ ~am:, m- w eFt 3lCIfir ~ ~ mcfiR IDU crwr ~ ~ 3ih: itir. ~ ~ ~ ~ ~ eFt ~ mfifi i')jt ~ ~ ~~ if OlflqlR41 ~ ~ ~am: rr ~ ~I ~, ~ ~ ~ ~ ~ "frlfr 1:fT"?f ~ ~ ~"OlfTYTftm it ~ ~am: W9' ~ rr@" ~ 3ih: ~ q['{OlIl"lP'l~q ~am: ~ 'fiT'lUT ~ m¢ it ~ W9' rr@'Am ~ I ii. 2000 m<IT ~ 'filT ~ ~ ~ ~ ~ if ~ ~3lT",( ~ rr@'W<rr I amfit, 2000 ~ it ~ ~ ~ q-.:, ~am: T: ~ ~ q-.: ~ Wm I ~ ~ -ah: '1'l, 1800 ~ ~~ ~~~ if~~am:~ rr@'Wm3ih: 2300 ~~ ~ ~~~if, ~am: T: 2300 ~ ~ ~ q-.: ~ W<rr I iii. ~ ~ ~ ~ ~ ~ ~ ~ fcf; am:ofrani~ ~ ar¥lIl"l"'jflT'l, ~ m <IT ~m~~f!fAiPid ~~ o4IqlR41~~~"GfT~<r" ifi'll'l"11l"llrr@'Wrrr~ I iv. ~ 6.12.2017 ~ am:itani ~ f.'RlIl"l"'jflT'l ifi'll'l"11¥11if ~"@"g f!fAiPid Wrrr ~ fcf; ~ ml'lfl+T 'rfiani/3lTW"'l-it ~ ~ ~ ~ ~ ~ B"l14" OlflQlR41 IDU ~am: W9' 'fiT oTrn m¢'1'l rr@'~ ~I v. ~~~~~~~~~if~~mif~~~WmI vi. itir mif ~ m~ ~ Sll"llolQ>;j~ Wm fcf; "11,llifidT~ 3ih: m ~ ~ q-.: GI"ifiT4T ~ m:rr'l ~ rn 'fiT~: ~ 'fi"'( ~ IT<IT ~ 3ih: ~ ~ ~ rn ~ ~ ~ it ~ 'fi"'( Am IT<IT ~I vii. ~ ~ ~ ~ ~~, ~ ml 'lfl+T 'rfiani/3lTW"'l it ~ (31Trr-~ 3ih: 31't1Ji ~ ~ 'fiT3f<1lT-3f<1lT RlIR m~) eFt lff?IT 3ih: ~ ~rlt am"ffi"FctfiFF;"#m'lfrm IDU "4"~ ~ ~ ftciTi >rf¥ 'fit I viii. mif ~ m~-m~ ~ ~ m ~&Tifi" it ~ ~ Sll"lloIQ>;j3lT"'lofrani~"fll1&f ~ ~ ~ ~ ~ fcf;m ~ fcf;~ \ill"% ~cff ~ ~ if ~am: 'fiTW9' rr cIT 04Tl:flfT IDU ~ it Am IT<IT ~ 3ih: rr tt ~ IDU 04Tl:flfTit ~ ~ 'filT ~ ~ ~ ~ ~ Am IT<IT ~ I ix. ~ ~ m"'lCf if ~ m~ ~ q-.: a~ m"'lCf if ~ ~ ~ q-.: ~ ~I x. ~ 01.01.2018 it ~ ~ ~ ~am: eFt ~ ~rlt W q-.: fct'IT'l-fct+r!iT m ~ ~ ~ ~ ~ muft<:r ~ ~ (~) 3ih: 3ffi1lfr ~ ffi it ~ ~ 'fiT'lfr&fOT ~ ~ 3ih: ~ 1.1.2018 it ~ ~ ~ ~ 'filT ~ ~ itir ~ q-.: ~am: eFt ~ ~ ~~ if 2000 m 3f'lfGlT ~ 'filT ~ ~"¥'" ~ m ~ ~~ ~0.40% ~ 'fiT~ ~~ I ~~ ~~ ~~~fcf;~~ ~~~ W11€fifil'lm<rr~eFt\ill ~~I xi. am: ~01.01.2018it~~ cm:fr 1 ~~~~ffi~~~am:~ q-.: ~ W<rr -;;iT2000 m<IT ~ 'filT ~ ~ ml'lfl+T ~ani'/3lTW"'l-it ~ ~ "¥'" ~ ~ 0.40% q-.: Wm I 266 172826/2018/SO(COMPUTER CELL) .' [\WT I-"l9[1JG 1] 3 xii. t1<1I~"'1( m<rr ~ 3lTffi3lTt ~ 3ih: ~ ~~ ~ ~ lIT~<:fl1iTltir 'fi1f~ ~~;:ff ~ ~~ if ~ c=i?r ~ fcf;<rr ~ I ~ ~ ~ 3ITUR:lR ~am: ofr ~ ~ ~~~~m<rr~ofr~ crqr~fcf~if-mm.rn-mft~"'I'1'flI£l it~1 7. ~ iT~ ~~'flT ~~ fcf;<rr "1TIfT~ fol; 01.01.2018 iT'fi1f~~ ~ ~ ~~am: ~ ofr~ ~ ~ if ~ f.{fcf~ ~ iTfcf;<rr ~I MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY NOTIFICATION New Delhi, the 27th December, 2017 Subject: Subsidizing MDR charges on Debit Cards/BHIM UPIIAePS transactions of value less than or equal to Rs. 2000/-. No. 6(19)/2017-DPD-1.- 1) The Digital India Programme envisions transforming India into a digitally empowered society and knowledge economy by making available digital infrastructure, digital governance and digital services to every citizen. Promotion of digital payments ecosystem is an essential aspect of the Digital India programme and has the potential to transform India's economy and extend inclusion of financial services to all those who remain excluded.
Load more

Recommended publications
  • Bharat Bill Payment System: Note for Agent Institutions
    Bharat Bill Payment System: Note for Agent Institutions BBPS – A Brief Introduction BBPS stands for Bharat Bill Payment System. The Bharat bill payment system is a Reserve Bank of India (RBI) conceptualised system driven by National Payments Corporation of India (NPCI). It is a one-stop payment platform for all bills providing an interoperable and accessible “Anytime Anywhere” bill payment service to all customers across India with certainty, reliability and safety of transactions. BBPS a One-stop access: BBPS has multiple modes of payment and provides instant confirmation of payment via an SMS or receipt. BBPS offers myriad bill collection categories like electricity, telecom, DTH, gas, water bills etc. through a single window. In future biller categories may be expanded to include insurance premium, mutual funds, school fees, institution fees, credit cards, local taxes, invoice payments, etc. An effective mechanism for handling consumer complaints has also been put in place to support consumer regarding any bill related problems in BBPS. The system participants are entities authorised by Reserve Bank of India (RBI) thereby providing assurance to the customer for a trusted experience between the service providers and billers. 1 | P a g e Bharat Bill Payment System: Note for Agent Institutions Different Payment Channels BBPS transaction can be initiated through multiple payment channels like Internet, Internet Banking, Mobile, Mobile-Banking, POS (Point of Sale terminal), Mobile Wallets, MPOS (Mobile Point of Sale terminal), Kiosk, ATM, Bank Branch, Agents and Business Correspondents. Different Payment Modes BBPS facilitates myriad payment modes enabling bill payments. The payment modes options facilitated under BBPS are Cash, Cards (Credit, Debit & Prepaid), IMPS, Internet Banking, UPI, Wallets & AEPS.
    [Show full text]
  • View Brochure
    1 OBILE &M AGENCY BANKING ROUNDTABLE October 17-18, 2014 Hyderabad, India 2 OBILE &M AGENCY BANKING ROUNDTABLE About CAFRALCAFRAL The Centre for Advanced Financial Research and Learning ((CAFRAL)CAFRAL) hhasas bbeeneen set up by Reserve BanBankk ooff InIndiadia in tthehe backdrop of India’s evolving role in the global economy, in the financial services sector and its ppositionosition in various international fora, to develop into a world class global institution for research and learninlearningg in bankinbankingg and finance. The Governor of Reserve Bank of India is the Chairman of the Governing Council ooff CAFRAL. On tthehe LearninLearningg siside,de, CAFRAL is enengagedgaged in conconductingducting seminars, conferencesconferences andand otherother llearningearning programs tthathat serve as a pplatformlatform fforor excexchangehange ooff hhigh-leveligh-level popolicylicy ddialoguesialogues bbetweenetween thethe various stakeholders by bringing together regulators, polipolicycy mamakers,kers, bbankers,ankers, acaacademicians,demicians, researcresearchershers anandd practitioners. It alsoalso conconductsducts advancedadvanced programs forfor enhancingenhancing professionalprofessional cacapabilitiespabilities of senior executives in the financial sector. About the ProgramProgram MobileMobile bankingbanking is emerging as a major forceforce across thethe world,world, witwithh a mucmuchh llargerarger proportion ooff tthehe popupopulationlation hhavingaving access to mobilesmobiles thanthan to bbankank accounts.accounts. WhWhileile on oonene
    [Show full text]
  • Assets.Kpmg › Content › Dam › Kpmg › Pdf › 2012 › 05 › Report-2012.Pdf
    Digitization of theatr Digital DawnSmar Tablets tphones Online applications The metamorphosis kingSmar Mobile payments or tphones Digital monetizationbegins Smartphones Digital cable FICCI-KPMG es Indian MeNicdia anhed E nconttertainmentent Tablets Social netw Mobile advertisingTablets HighIndus tdefinitionry Report 2012 E-books Tablets Smartphones Expansion of tier 2 and 3 cities 3D exhibition Digital cable Portals Home Video Pay TV Portals Online applications Social networkingDigitization of theatres Vernacular content Mobile advertising Mobile payments Console gaming Viral Digitization of theatres Tablets Mobile gaming marketing Growing sequels Digital cable Social networking Niche content Digital Rights Management Digital cable Regionalisation Advergaming DTH Mobile gamingSmartphones High definition Advergaming Mobile payments 3D exhibition Digital cable Smartphones Tablets Home Video Expansion of tier 2 and 3 cities Vernacular content Portals Mobile advertising Social networking Mobile advertising Social networking Tablets Digital cable Online applicationsDTH Tablets Growing sequels Micropayment Pay TV Niche content Portals Mobile payments Digital cable Console gaming Digital monetization DigitizationDTH Mobile gaming Smartphones E-books Smartphones Expansion of tier 2 and 3 cities Mobile advertising Mobile gaming Pay TV Digitization of theatres Mobile gamingDTHConsole gaming E-books Mobile advertising RegionalisationTablets Online applications Digital cable E-books Regionalisation Home Video Console gaming Pay TVOnline applications
    [Show full text]
  • November 16, 2018 Certificates of Authorisation Issued by the Reserve Bank of India Under the Payment and Settlement Syst
    Date : November 16, 2018 Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India A. Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India The Payment and Settlement Systems Act, 2007 along with the Board for Regulation and Supervision of Payment and Settlement Systems Regulations, 2008 and the Payment and Settlement Systems Regulations, 2008 have come into effect from 12th August, 2008. The list of 'Payment System Operators’ authorised by the Reserve Bank of India to set up and operate in India under the Payment and Settlement Systems Act, 2007 is as under: Sr. Name of the Address of the Payment System Date of issue of No. Authorised Principal Office Authorised Authorisation Entity & Validity Period (given in brackets) Financial Market Infrastructure 1. The Clearing The Managing i. Securities 11.02.2009 Corporation of Director, segment covering India Ltd. Clearing Corp. of Govt Securities; India, ii. Forex 5th, 6th & 7th floor Settlement Trade World, Segment -do- “C” Wing Kamala comprising of sub- city, SB Marg, segments Lower Parel (West) a. USD-INR Mumbai 400 013 segment, -do- b. CLS segment – Continuous Linked Settlement (Settlement of Cross Currency -do- Deals), c. Forex Forward segment; iii. Rupee Derivatives -do- Segment-Rupee denominated trades in IRS & FRA. Retail Payments Organisation 2. National The Chief Executive i. National Payments Officer, Financial Switch Corporation of National Payments (NFS) 15.10.2009 India Corporation of ii.
    [Show full text]
  • Merchants Where Online Debit Card Transactions Can Be Done Using ATM/Debit Card PIN Amazon IRCTC Makemytrip Vodafone Airtel Tata
    Merchants where online Debit Card Transactions can be done using ATM/Debit Card PIN Amazon IRCTC Makemytrip Vodafone Airtel Tata Sky Bookmyshow Flipkart Snapdeal icicipruterm Odisha tax Vodafone Bharat Sanchar Nigam Air India Aircel Akbar online Cleartrip Cox and Kings Ezeego one Flipkart Idea cellular MSEDC Ltd M T N L Reliance Tata Docomo Spicejet Airlines Indigo Airlines Adler Tours And Safaris P twentyfourBySevenBooking Abercrombie n Kent India Adani Gas Ltd Aegon Religare Life Insur Apollo General Insurance Aviva Life Insurance Axis Mutual Fund Bajaj Allianz General Ins Bajaj Allianz Life Insura mobik wik Bangalore electricity sup Bharti axa general insura Bharti axa life insurance Bharti axa mutual fund Big tv realiance Croma Birla sunlife mutual fund BNP paribas mutural fund BSES rajdhani power ltd BSES yamuna power ltd Bharat matrimoni Freecharge Hathway private ltd Relinace Citrus payment services l Sistema shyam teleservice Uninor ltd Virgin mobile Chennai metro GSRTC Club mahindra holidays Jet Airways Reliance Mutual Fund India Transact Canara HSBC OBC Life Insu CIGNA TTK Health Insuranc DLF Pramerica Life Insura Edelweiss Tokio Life Insu HDFC General Insurance IDBI Federal Life Insuran IFFCO Tokio General Insur India first life insuranc ING Vysya Life Insurance Kotak Mahindra Old Mutual L and T General Insurance Max Bupa Health Insurance Max Life Insurance PNB Metlife Life Insuranc Reliance Life Insurance Royal Sundaram General In SBI Life Insurance Star Union Daiichi Life TATA AIG general insuranc Universal Sompo General I
    [Show full text]
  • Digital Dawn
    Digitization of theatr Digital DawnSmar Tablets tphones Online applications The metamorphosis kingSmar Mobile payments or tphones Digital monetizationbegins Smartphones Digital cable FICCI-KPMG es Indian MeNicdia anhed E nconttertainmentent Tablets Social netw Mobile advertisingTablets HighIndus tdefinitionry Report 2012 E-books Tablets Smartphones Expansion of tier 2 and 3 cities 3D exhibition Digital cable Portals Home Video Pay TV Portals Online applications Social networkingDigitization of theatres Vernacular content Mobile advertising Mobile payments Console gaming Viral Digitization of theatres Tablets Mobile gaming marketing Growing sequels Digital cable Social networking Niche content Digital Rights Management Digital cable Regionalisation Advergaming DTH Mobile gamingSmartphones High definition Advergaming Mobile payments 3D exhibition Digital cable Smartphones Tablets Home Video Expansion of tier 2 and 3 cities Vernacular content Portals Mobile advertising Social networking Mobile advertising Social networking Tablets Digital cable Online applicationsDTH Tablets Growing sequels Micropayment Pay TV Niche content Portals Mobile payments Digital cable Console gaming Digital monetization DigitizationDTH Mobile gaming Smartphones E-books Smartphones Expansion of tier 2 and 3 cities Mobile advertising Mobile gaming Pay TV Digitization of theatres Mobile gamingDTHConsole gaming E-books Mobile advertising RegionalisationTablets Online applications Digital cable E-books Regionalisation Home Video Console gaming Pay TVOnline applications
    [Show full text]
  • Booklet on Measurement of Digital Payments
    BOOKLET ON MEASUREMENT OF DIGITAL PAYMENTS Trends, Issues and Challenges Revised and Updated as on 9thMay 2017 Foreword A Committee on Digital Payments was constituted by the Ministry of Finance, Department of Economic Affairs under my Chairmanship to inter-alia recommend measures of promotion of Digital Payments Ecosystem in the country. The committee submitted its final report to Hon’ble Finance Minister in December 2016. One of the key recommendations of this committee is related to the development of a metric for Digital Payments. As a follow-up to this recommendation I constituted a group of Stakeholders under my chairmanship to prepare a document on the measurement issues of Digital Payments. Based on the inputs received from RBI and Office of CAG, a booklet was prepared by the group on this subject which was presented to Secretary, MeitY and Secretary, Department of Economic Affairs in the review meeting on the aforesaid Committee’s report held on 11th April 2017 at Ministry of Finance. The review meeting was chaired by Secretary, Department of Economic Affairs. This booklet has now been revised and updated with inputs received from RBI and CAG. The revised and updated booklet inter-alia provides valuable information on the trends in Digital Payments in 2016-17. This has captured the impact of demonetization on the growth of Digital Payments across various segments. Shri, B.N. Satpathy, Senior Consultant, NISG, MeitY and Shri. Suneet Mohan, Young Professional, NITI Aayog have played a key role in assisting me in revising and updating this booklet. This updated booklet will provide policy makers with suitable inputs for appropriate intervention for promoting Digital Payments.
    [Show full text]
  • Guidelines for Adoption of Electronic Payments and Receipts (EPR)
    Document No: EPR: 01 Version: 1.0 November, 2016 Guidelines for Adoption of Electronic Payments and Receipts (EPR) Government of India Ministry of Electronic and Information Technology (MeitY) New Delhi –110003 Guidelines for Adoption of Electronic Payments and Receipts (EPR) Metadata of Document Framework for Electronic Payments and Receipts S. No. Data elements Values 1. Title Guidelines for Adoption of Electronic Payments and Receipts (EPR) 2. Title Alternative EPR 3. Document Identifier EPR:01 4. Document Version, month, year of Version 1, Nov 2016 release 5. Present Status Approved by Secretary Ministry of Communication & IT 6. Publisher Ministry of Electronics and Information Technology (MeitY), Government of India (GoI) 7. Date of Publishing Nov 2016 8. Type of Standard Document Guidelines ( Policy / Technical Specification/ Best Practice /Guidelines/ Framework/ Process) 9. Enforcement Category Recommended ( Mandatory/ Recommended) 10. Creator Ministry of Electronics and Information Technology (An entity primarily responsible for making (MeitY), Government of India (GoI) the resource) 11. Contributor Ministry of Electronics and Information Technology (An entity responsible for making (MeitY) and Controller General of Accounts (CGA) contributions to the resource) 12. Brief Description The Guidelines for Adoption of Electronic Payments and Receipts (EPR)of Government of India aims to harness the potential of electronic cashless payments platforms for various Payments or Receipts handled by Departments / Institutions. 13. Target Audience State Governments, Govt. of India Autonomous Bodies, (Who would be referring / using the Central Public Sector Undertakings and Municipalities document) 14. Owner of approved standard MeitY, New Delhi Version: 01 Page 2 of 39 Guidelines for Adoption of Electronic Payments and Receipts (EPR) S.
    [Show full text]
  • Business Update and Results Presentation to Investors and Analysts Agenda
    HSBC Holdings plc Business Update and Results Presentation to Investors and Analysts Agenda 4Q & FY19 results Business update Restructuring for growth Financial implications Conclusion 4Q19 performance 4Q19 highlights 1 4Q19 reported loss before tax of $3.9bn impacted by a goodwill impairment1 of $7.3bn 4Q19 adjusted revenue up 9% to $13.6bn vs. 4Q18 and adjusted PBT up 29% to $4.3bn vs. 4Q18 2 Hong Kong 4Q19 adjusted PBT up 3% to $2.6bn Cost discipline: 4Q19 adjusted costs of $9.1bn, up 3.2% vs. 4Q18. 2H19 adjusted costs (excl. bank 3 levy) down 2.1% vs. 1H19 4 CET1 ratio further strengthened by 0.4ppts vs. 3Q19 to 14.7% driven by RWA reductions of $22bn A reconciliation of reported results to adjusted results can be found on slide 46. The remainder of the presentation, unless otherwise stated, is presented on an adjusted basis 3 FY19 performance Strong performing franchises: FY19 selected highlights Hong Kong revenue up 7% to Revenue up 9% to $23.4bn, PBT up $19.4bn, PBT up 5% to $12.1bn 15% to $8.0bn Asia excl. Hong Kong revenue up 8% 2 RoTE of 20.5% Asia to $11.0bn RBWM $16bn growth in mortgage book in Asia GB&M revenue up 7% to $7.1bn the UK (up 7%) and Hong Kong (up 9%) RoTE2 of 15.8% 1.5m increase in active customers, up 4% to 39.4m Revenue up 8% to $2.9bn, adjusted MENA PBT up 3% to $1.6bn PBT up 19% to $0.4bn GPB RoTE2 of 12% Net New Money of $23bn Revenue up 3% to $8.4bn Revenue up 6% to $15.3bn RoTE2 of 9.9% RoTE2 of 12.4% CMB UK RFB Mortgage balances up 7% to $134bn; Loans and advances to customers up stock market share of
    [Show full text]
  • Transformative Banking - Go Digital with Disruptive Technologies
    Transformative Banking - Go digital with disruptive technologies issue 16 inside this issue From the Managing Director’s Desk From the Managing Director’s 1 Dear Readers, Desk As we settle down in the digital era, there is a lot to look at Banking 2020: Technology 2 and contemplate. Business, as we know it has changed. Disruption in Banking Millennials are pushing companies to the edge, when it comes to customer experience. Competition is getting 5 Commercial Lending Resurgence stiff, with startups eating away your market share. And the workforce is demanding anytime anywhere work flexibility. Mobile Imaging Technology 8 Changes the Face of Banking So, what is it that as a bank you could do to ride this wave of transformation? Newgen Product Portfolio 11 This edition of our research based newsletter talks about Research from Gartner: 12 just that. The article on ‘Banking 2020’ gives you a sneak-peek into what the future looks like Hype Cycle for Digital Banking and what all you need to do to be prepared. There is a link to an interesting video in the article, Transformation, 2015 which you must watch. The article on ‘Commercial Lending Resurgence’ talks about the need to balance risk management with customer experience in today’s times. We also take a look About Newgen 47 at how Mobile Imaging technology can empower your field force to be more efficient and Newgen at a Glance 48 productive. Newgen has helped many of its global clients become market leaders through innovative solutions. We have over 200 banking clients from all across the globe.
    [Show full text]
  • The First Step of the Payment Systems Roadmap No.4 Bank of Thailand a the First Step of the Payment Systems Roadmap No.4
    Payment Systems Report 2019 Systems Report Payment Payment Systems Report 2019 BOT Payment Annual Report 2562/2019 Bank of Thailand The First Step of the Payment Systems Roadmap No.4 Bank of Thailand A The First Step of the Payment Systems Roadmap No.4 Payment Systems Report 2019 B Payment Systems Report 2019 Bank of Thailand 1 The First Step of the Payment Systems Roadmap No.4 Executive Summary Amidst the transition into the digital era, the Bank of capability in transmitting richer business data along Thailand (BOT) has pushed forward payment systems with payment transactions, paving the way for policies and payment innovation to continually the Innovation framework or enhancing payment promote efficient, stable, and secure Thai payment services with innovations and modern technologies systems in pursuit of digital payments. The ongoing involved the introduction of the Thai QR payment efforts have resulted in the steady advancement of standard with MyPromptQR, the first payment the Thai payment systems as laid out by the previous service to adopt ISO 20022 that allows merchants three Payment Systems Roadmaps. to scan customers’ QR code, and the promotion of The year 2019 marked the “first step” of the cross-border payment systems connectivity through Payment Systems Roadmap No.4., which aims to QR payments with Singapore, Lao PDR, and Japan. create an ecosystem conducive for digital payments Further, modern technologies such as biometrics and to be the most preferred choice for the Thais within Blockchain technology were unleashed to enhance a three-year time frame (2019-2021) through 5 payment services and supplement with regulations strategic development frameworks.
    [Show full text]
  • Knowledge Technology
    The Story RESPONSIBILITY ASSURANCE PROFICIENCY CONVENIENCE AGILE SUSTAINABILITY CONFIDENCE OPENNESS EXPERTISE SECURITY INSIGHTFUL CONSERVATION INTEGRITY CLARITY ACUMEN SPEED ASTUTE ETHICS TRUST TRANSPARENCY KNOWLEDGE TECHNOLOGY TRUST HUMAN CAPITAL RESPONSIBLE BANKING HUMAN CAPITAL HUMAN RESPONSIBLE BANKING RESPONSIBLE TECHNOLOGY KNOWLEDGE TRANSPARENCY Say YES to Growth ! Incorporation of NOVEMBER 2003 YES BANK Limited Capital infusion by promoters and key INDIA’S FINEST QUALITY MAR investors RBI license to commence banking business BANK MAY First branch at Mumbai & inclusion in second AUG schedule of the RBI Act 2004 Launch of Corporate & Business Banking AUG ISO 9001:2000 certification for back office FEB operations Maiden public offering of equity shares by the JUN Bank Rana Kapoor, Founder, MD & CEO adjudged 2005 Start-up Entrepreneur of the Year at the E&Y NOV Entrepreneur Awards 2005 FY2006-First full year of commercial MAR operations; Profit of INR 553 million, ROA 2% YES BANK's Investment Banking Group was ranked #1 in M&A 'Outbound Cross Border APR Transactions' in the Bloomberg League Tables Raised INR 1.8 billion of long-term OCT subordinated Tier II debt 2006 Launch of YES SAMPANN INDIA, our Financial Inclusion Initiative, in partnership DEC with ACCION International, USA RaisedR 1.98 billion of Upper Tier II capital MAR Launch of YES-International Banking AUG Selected as a Founding Member of the 2007 Community of Global Growth Companies at SEP ACTION + QUALITY = GROWTH x SCALE = the World Economic Forum, Geneva FINEST QUALITY
    [Show full text]