UPI Deep Dive @ 50P

Transcript

1. Payments in India is now a Solved Problem.
2. • Instant real-time payments transfer system available 24/7 • Push/Pull Payments • Near 1-Click Payment
3. • • • Hello! I’m Dilip Jain, Engineer @ Juspay
4. Dilip wants to pay Vimal Rs.5000
5. Switch PSP PSP ReqPay ReqAuth vimal@ybl RespAuth Kotak - 005XXX VPA - A/C mapping stored in PSP DB Vpa Bank Account vimal@yb l Kotak 005XXX.. dilipj@upi AXIS 0018XX..
6. Switch PSP PSP ReqPay ReqAuth vimal@ybl PSP CORE BANKING PSP CORE BANKING DebitReq Encrypted MPIN CredReq vimal@ybl CredReq vimal@ybl
7. Switch PSP PSP ReqPay ReqAuth vimal@ybl PSP CORE BANKING PSP CORE BANKING DebitReq Encrypted MPIN CredReq vimal@ybl RespPay RespTxn Conf
8. RBI - All Transactions should have 2FA. 2 Factor Auth • •
9. Simplicity and interoperability of UPI architecture has opened the gates for us to build innovative and creative payments solution.
10. Auto Debit - UPI Mandates • • •
11. Flexible Vpa • • •
12. UPI on Delivery
13. • In App Payment • Collect Request
14. Your PSP UPI SDK CL Merchant App Payment Flow NPCI UPI Switch Merchant Server
15. In App Payments • • •
16. Collect Request • • •
17. Watch out for • •
18. Watch out for • •
19. UPI Story so far... 96B INR Transferred in Nov 63 BANKS 100M Txns in Nov 63 BANKS 63 BANKS 63 BANKS 96B INR Transferred in Nov 96B INR Transferred in Nov