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Monday, November 13, 2023

πŸ’³✨ Happy RuPay Credit Card User Shares Positive Vibes! ✨πŸ’³**



Hey there! 🌟 Just wanted to share my absolute delight as a frequent user of the RuPay Credit Card via the UPI channel. These thoughts are purely my own, and I'm all about spreading the joy of safe ePayments! πŸ€—πŸ’³

Using my RuPay Credit Card with UPI has been such a positive and seamless experience. πŸ’– The convenience of making secure transactions with just a few clicks is truly a game-changer. πŸš€πŸ’Έ

I can't help but smile every time I scan and pay at any merchant QR, knowing that I'm not only making a smart payment but also earning reward points as per the individual card issuer.

πŸŽ‰✨ It's like turning every transaction into a little celebration! 🎈πŸ₯³

And the fact that my credit card is now seamlessly integrated with UPI makes everything even more effortless. It's like the future of payments is right at my fingertips! πŸŒπŸ’Ό

The dual reward system of some issuer banks is such a fantastic bonus. Whether it's a UPI transaction or a non-UPI one, I'm racking up those Reward Points and loving every bit of it. πŸ˜πŸ”„

Oh, and let's not forget the 1% Fuel Surcharge Waiver. πŸš—⛽️ It's like a little gift every time I fill up my tank – making my journeys even more enjoyable! 🌈

So, here's to the joy of safe ePayments and the positive vibes that come with being a RuPay Credit Card user via UPI! πŸŽŠπŸ’³ Spread the positivity and happy transacting! πŸŒŸπŸ’–

 

*Disclaimer: These are my personal views only, and I just couldn't resist sharing the positive vibes. Keep spreading the joy, fellow ePayment enthusiasts! πŸ™ŒπŸ’«*

Sunday, November 12, 2023

You cannot load your Digital Rupee Wallet via RuPay Credit Card

  

🚫 You cannot load your Digital Rupee Wallet via RuPay Credit Card. πŸ“΅πŸ’³

Remember to use alternative methods for loading your Digital Rupee wallet! πŸ”„πŸ’Ό πŸ€”πŸ“²

 


πŸ“’ In a recent circular dated November 7th 2023, the National Payments Corporation of India (NPCI) has provided clarification, highlighting that users of Digital Rupee Wallets are currently restricted from loading their Central Bank Digital Currency (CBDC) wallets using RuPay Credit Cards.

Both the Digital Rupee and RuPay Credit Cards represent novel additions to the UPI Payment channel, and their usage is gradually gaining momentum.

Various stakeholders within the Digital Rupee and RuPay Credit Card ecosystem are actively engaged in promoting UPI transactions through these platforms.

As promotional efforts intensify, we anticipate a corresponding surge in Digital Rupee transactions.

The evolving landscape of digital payments promises exciting developments, and the symbiotic growth of Digital Rupee and RuPay Credit Cards underscores the transformative journey toward a cashless economy.

Stay tuned for more updates as we witness the unfolding of this digital revolution! πŸš€πŸ’³ #DigitalPayments #CBDC #RuPayRevolution

 

πŸ“’ Disclaimer: The thrill of secure ePayments is booming in our country! πŸš€ Exciting times ahead! πŸ’Ό These are my personal views only. 😊 #ePayments #SecurityJoy 🌐

 

Sunday, November 5, 2023

Temple & Panchayat Digitalization: Worldline PoS Devices Leading the Way



 

NIC (National Informatics Centre), the Government of Tamil Nadu, and Worldline are teaming up to digitize small donations at Tamil Nadu temples, ranging from INR1 to INR51.

Worldline plans to introduce POS machines for digital donations, potentially replacing the existing QR code system.

The hope is to bring UPI Tap & Pay to Tamil Nadu temples from Day 1.

 

In a groundbreaking collaboration, NIC, the Government of Tamil Nadu, and Worldline are embarking on a pilot program aimed at ushering in the digital era for small-value donations made by devotees at temples across Tamil Nadu.

These donations, ranging from INR1 to INR51, are a significant part of the temple culture and worship practices.

 

Public information suggests that Worldline intends to revolutionize the process by deploying POS machines within Tamil Nadu temples, providing devotees with the option to make digital offerings.

This move represents a potential shift away from the conventional QR code collection method, and it's poised to enhance the overall experience of temple donations.

 

As an advocate for seamless and modernized transactions, I fervently hope that UPI Tap & Pay becomes an integral part of the payment mode right from the outset at Tamil Nadu temples.

This would not only streamline the donation process but also offer devotees the convenience of quick and secure digital payments.

 

Moreover, it's worth noting that the current limit for UPI Tap & Pay stands at INR 50/-. This generous limit is a great incentive for devotees to explore the ease and efficiency of UPI Tap & Pay, ultimately contributing to the joy of making digital donations.

 

Introducing BOSS - Business Ka One Stop Shop, an ingenious solution by Worldline that transcends the boundaries of traditional payment processing. With BOSS, you can truly take charge of your business operations and manage them like a true BOSS!

 

Worldline India stands as your ultimate destination for all your payment requirements, offering an extensive range of services that encompass in-store payments, online payments, omnichannel payments, as well as issuance and acquiring solutions.

 

Drawing upon over two decades of payment expertise, Worldline India has solidified its position as the preferred partner for an array of institutions, including leading banks, retail brands, e-commerce enterprises, NBFCs, insurance companies, startups, and SMBs across India.

 

Wordline's  comprehensive approach covers the entire payment value chain, ensuring seamless end-to-end processes that cater to the needs of over 1.5 million merchants spread across 5000 towns and cities.

 

Now, let's delve into the incredible advantages of Worldline BOSS-enabled Smart Android POS Terminal:

 

🌟 Fully Touchscreen with a Brilliant Display

BOSS boasts a user-friendly, fully touchscreen interface with a bright display, ensuring ease of use and efficiency.

 

πŸ’³ Accepts All Payment Types- Experience flexibility like never before with BOSS, as it readily accepts various payment methods, including credit and debit cards (swipe, dip, and tap), EMI options, UPI payments through popular apps like GPay, Paytm, PhonePe, Sodexo, and more.

 

πŸ”Š Sound Notifications - Stay informed at every transaction with sound notifications, providing you with real-time updates and peace of mind.

 

πŸ–₯️ Seamless Integration - BOSS effortlessly integrates with your existing billing software, eliminating any compatibility issues and streamlining your operations.

 

πŸ“‘ 4G and Wi-Fi Support - Experience uninterrupted connectivity with 4G and Wi-Fi support, ensuring that your business remains up and always running.

 

πŸ”‹ Longer Battery Life - BOSS is designed to keep pace with your business demands, featuring a long-lasting battery that won't let you down.

 

πŸ“„ E-Chargeslip for Your Customers - Enhance your customer experience with e-chargeslips, providing a modern and convenient way for your customers to keep track of their transactions.

 

 πŸ’ΌπŸ’ͺ🌐 #BOSS 

#WorldlineIndia 

#SmartPayments 

#BusinessSolutions

 

Read more at _ Worldline in India gets into Direct Acquiring to expand its in-store payments business @ https://in.worldline.com/news/worldline-in-indi-gets-into-direct-acquiring-to-expand-its-in-store-payments-business

 

 

Disclaimer: The global landscape offers abundant opportunities for small-value digital contributions.

In this blog post, I aim to advocate for the sheer delight of secure electronic payments.

Please note that the views expressed here are entirely my own, and they neither exceed nor fall short of my personal perspective.

Saturday, November 4, 2023

PhonePe – When will you enable UPI Via RuPay Credit Cards at your merchants?

 PhonePe – When will you enable UPI Via RuPay Credit Cards at your merchants?




**Revolutionizing Payments with RuPay Credit Cards on UPI**

In today's fast-paced digital age, seamless and secure payment solutions have become essential for both consumers and merchants. RuPay Credit Cards on UPI are set to transform the credit card experience, offering a host of benefits to users and businesses alike.

          "Unlocking the Benefits of Linking RuPay Credit Cards with UPI"

Discover how to link your RuPay credit card for UPI payments on PhonePe with these simple steps:

1. Start by tapping your profile picture on the PhonePe app's home screen.

2. Navigate to 'RuPay Cards on UPI' in the payment settings section.

3. Select the bank that issued your RuPay credit card and tap 'Proceed to Add.'

4. Enter the last 6 digits of your card number and set your UPI PIN.

5. Verify by entering the OTP sent to your registered number.

6. Choose a new UPI PIN (4 or 6 digits).

7. Re-enter the UPI PIN for confirmation.

However, please note that while these steps facilitate the linking process, PhonePe has not yet enabled RuPay Credit Cards for offline merchant transactions.

PhonePe's Business Solutions for Offline Merchants: Join the 3.5 crore stores already benefitting from PhonePe's innovative payment solutions. Whether you run a small kirana store or manage a large supermarket or showroom, PhonePe has you covered.

          PhonePe's mission is to make life easier through seamless cashless transactions, and PhonePe is dedicated to tailoring a wide range of payment solutions to fit merchants' unique business size and sales volume.

 

Yet, the lingering question remains: Why hasn't PhonePe enabled RuPay Credit Cards for its offline merchants?

 

Additional Reading: PhonePe becomes first payment app to link 2 lakh Rupay credit cards to UPI dt:May 25, 2023 @ https://www.cnbctv18.com/personal-finance/phonepe-becomes-first-payment-app-to-link-two-lakh-rupay-credit-cards-to-upi-16767201.htm

Link to my blog @ https://innovationinbanking.blogspot.com/2023/11/request-to-lulu-hypermart-unlock-power.html

 

Disclaimer: I'm solely focused on promoting the joy of Safe ePayments through UPI, without any affiliation to specific UPI payment apps.

Let's grow the ecosystem together.

  

 

 

Sunday, October 15, 2023

Presenting open by Axis Bank - AXIS MOBILE is Now open!

The Best of AXIS is at Your Fingertips: Presenting open by Axis Bank - AXIS MOBILE is Now Open!

In this blog post, we'll explore the exciting world of open by Axis Bank and the rebranded AXIS MOBILE app, where all your banking needs are just a touch away. Discover the convenience, security, and innovation that Axis Bank has brought to your digital banking experience.

 


Axis Bank has unveiled 'open by Axis Bank,' its digital banking initiative, as part of the Open 2023 campaign, showcasing the top 15 features of their digital offerings.

This move represents the bank's ongoing transformation into the digital space, emphasizing its commitment to a personalized and hassle-free digital banking experience.

The introduction of this mobile application underscores Axis Bank's shift toward enhanced digital services.

The AXIS Bank OPEN App provides a wide range of Pre-Login and Post-Login Features, making it a versatile digital banking tool.

One of its standout Pre-login Features is the Recharge option, which is particularly innovative and user-friendly. This feature is designed for both IOS and Android devices, and it allows users to recharge any mobile number directly from their contact list without the need to log in. Users can simply select a mobile number from their phone's contact list or manually enter the number they wish to recharge. After entering the recharge amount and confirming it with their mPIN, the recharge is swiftly completed, streamlining the process for added convenience.

Moreover, it's important to note that there are no charges for registering on Axis Mobile, whether you're using it on your iPhone or Android devices. This commitment to providing a fee-free registration process demonstrates Axis Bank's dedication to offering a cost-effective and user-friendly digital banking experience for its customers.

For over 30 years, the principles of 'open' have guided Axis Bank's customer-centric approach in the physical world, and this campaign marks their transition into the digital realm. 'open by Axis Bank' aims to establish itself as the epitome of digital banking, providing a user-friendly and modern interface for both existing and new customers.

The 'Open 2023' campaign showcases the top 15 features of the bank's digital offerings, emphasizing a personalized, intuitive, and hassle-free digital banking experience.

This move marks the bank's transition into the digital realm while staying true to the consumer-centric 'open' principles that have been its foundation for three decades.

As of now, 'open by Axis Bank' has seen significant growth, with around 13 million monthly active users, including approximately 8.4 million non-Axis Bank customers. With a high rating of 4.8 on the Google Play Store, Axis Bank maintains a strong position in the digital banking sector, offering more than 250 banking services on their mobile app.

Axis Bank remains committed to its 'open' principles, promising to deliver exceptional and distinct digital experiences in the ever-evolving world of banking.

Axis Bank, the third largest private sector bank in India, provides a wide range of financial services to various customer segments, including Large and Mid-Corporates, MSMEs, Agriculture, and Retail Businesses.

 

They have a vast network of 5,000 domestic branches and 15,751 ATMs across India. Additionally, they operate internationally with offices in Singapore, Dubai (at DIFC), Gift City-IBU, and representative offices in Dhaka, Dubai, Abu Dhabi, Sharjah.

They also have an overseas subsidiary in London, UK, focusing on various financial services.

Axis Bank, established in 1994, boasts a substantial balance sheet with a size of Rs. 13,17,326 crores as of March 31, 2023.

They have shown consistent growth, with a 5-year Compound Annual Growth Rate (CAGR) of 14% in Total Assets & Advances and 16% in Deposits from 2017-18 to 2022-23.

The key difference in the location of the registered and corporate offices is as follows:

 

01) Registered Office: The registered office of Axis Bank is situated in Ahmedabad, Gujarat, at the address 'Trishul', 3rd Floor, Opposite Samartheshwar Temple, Near Law Garden, Ellisbridge, Ahmedabad, Gujarat - 380 006.

 

02) Corporate Office: The corporate office of Axis Bank is located in Mumbai, specifically at Axis House, which has received a 'Platinum' rating from the US Green Building Council for its environmentally friendly facilities and carbon emission reduction efforts.

Disclaimer: My only joy is in spreading safe ePayments. I have no connection with Axis Bank, except as a Citi Card Holder. Please note that the information provided is based on publicly available knowledge, and I do not have any official affiliation with Axis Bank.

It's essential to verify and cross-check any financial or banking information independently before making any decisions or transactions.

 

 

 

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The thoughts in this BLOG are personal, and reflect only my view on the subject.
This are not the views of my Employers.
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All efforts have been made to make this information as accurate as possible, N Prashant will not be responsible for any loss to any person caused by inaccuracy in the information available on this Website. Relevent Official Gazettes Communications may be consulted for an accurate information. Any discrepancy found may be brought to the notice of N Prashant