XPAY Pre paid Services

Transcription

1 XPAY Pre paid Services

2 UAE Exchange & Financial Services Limited XPAY XPAY is an RBI licensed modern payment facility introduced by UAE Exchange in It is a convenient, safe and secure method of making payment from Your Comfort Zone. It is a virtual pre paid account in which customer can load money & make payment via Internet or mobile!.

3 How it Works Customers can access XPAY Services through UAE Exchange Branches Authorised Agents Mobile Application Website ( Xpay Payment Gateway Integrated Websites. Main Service Providers Euronet ( Mobile and DTH Recharge) Tech Process ( Utility Bill Payment) Marrs Spelling Bee( Fee Collection) United India Insurance ( Insurance)

4 Customer Registration& Conditions Customer has to get registered in XPAY to avail Services. Customer can be registered under without KYC Category ( Txn Limit 10,000) or XPAY 50,000 with KYC Category. The registration facility is available at Our Branches, FSMART Agent location and website Conditions Valid Mobile Number is Compulsory Only one XPAY Account is allowed for a Person. Same customer with different Mobile Number / ID Proof are not allowed. Customer with Category can be upgraded to Category at any time after uploading Customer Registration form and Valid Documents.

5 Customer Registration Charge and Usage Customer Registration Charge KYC is to nil be for both Category Type of cards submitted Where to go for registration Xpay Card Xpay Card Minimum details Full KYC to be submitted UAE Exchange Branches/ Authorised SubAgent UAE Exchange branches and Authorised Sub agents. CARD TYPE Card limit DMTS Payment limits Xpay Card Rs. 10,000 Max Upto Rs per 30d days including Service Charge Xpay Card Rs. 50,000 Domestic Money Transfer limit Rs. 25,000 Per 30 days.

6 Documents required to register for XPAY 50,000 Card? Customer Registration form with Customer Signature + KYC Documents. Any one of the following Documents for both ID and Address Proof: Passport Voter's ID Card Aadhaar Card Driver's license (Learner's license is not acceptable) Ration card which has a photograph of the applicant Or Any one of the ID Proof along With address proof PAN Card PSU/Government Department/Defence ID Cards Photo Credit Card (not expired and must be primary cardholder)

7 Available Services in XPAY Mobile and DTH Recharge. Utility payments like Insurance premium, Credit Card Bills, Electricity Bill, Gas, Municipal Taxes, Water Charges, Post Paid Mobile Bills, Donations etc. Domestic Money Transfer Service (DMTS) Marrs Spelling Bee Fee Payment Travel Ticket Booking through Customers can access all XPAY Services through

8 Mobile and DTH Recharge Mobile and DTH Recharge service has been enabled in Branch Module, FSMART, and with Zero Service Charge We can recharge all Mobiles 5 Major DTH through XPAY. 1. TATA Sky 2. Dish TV 3.Videocon 4. BIG TV 5. Sun DTH Process Flow XPAY Customer Payments Mobile/ DTH recharge / UBP Utility Bill Payment Post Paid Mobile Payment, Electricity Bill Payment, Insurance Payment, Credit Card Payment, Gas, Water Bill, Municipality Tax, Donations etc.. can be done through XPAY Services. Utility Bill Payment Facility is also enabled in website.

9 Fee Collection - Marrs Spelling Bee Fee collection facility is enabled for the institution MARRS INTELLECTUAL SERVICES PVT LTD (MarssSpellingBee). We have been Working as their Payment Collection Partner since % of their Customers are high Profile Customers. Thousands of HPC customers are already added to Uae Exchange through this unique Service. (Process flow- Customer Payments Fee Collection Marrs Fee Collection) Income Part: Registration Fee : Service Charge Rs.50 Per Txn Orientation / Training : Service Charge Rs Customer can also make fee payment through after reloading amount in their XPAY Account.

10 UAE Exchange & Financial Services Limited DOMESTIC MONEY TRANSFER

11 Domestic Money Transfer Opportunities Indian Domestic Money Market Close to 70% remitters send up to Rs.5, 000 per month. Domestic migrants contribute 10% of India s GDP. Total txn value USD 13.0 billion in Expected to reach USD20.3 billion by Growing at a CAGR (Compound annual growth rate) of 12%. 60% of domestic remittances are Inter-State transfers and 40% is Intra-State transfers. 95% of the P2P transfer is sent to ladies in the villages. Opportunities Market size is 2 lakh crore Domestic Migrants contribute 10% of Indian GDP Expected volume in 2015 is 20.3 billion

12 Domestic Money Transfer Domestic Money Transfer is the RBI Licensed service offered by UAE Exchange through XPAY from 2011 onwards. Customers can transfer money to any bank Account in India using Our Domestic Money Transfer Facility either through NEFT or IMPS Mode. IMPS We are tied up with NPCI ( National payment Corporation of India) for Immediate Payment Service (IMPS), which help Our Customers to transfer money to any IMPS enabled bank Accounts with in 30 Seconds. Customer can do IMPS Transaction through Our Branches/ Agent network, Website using any of the Option. I. Using Account number & IFS Code IMPS funds transfer has been made possible using Beneficiary account number and IFS code. IFSC Code also not required to Transfer Money to Major Banks including SBI

13 II. Money Transfer Using Mobile Number and MMID Beneficiary has to register for Mobile Banking & get a unique ID called MMID (Mobile Money Identification Number), its a 7 digit number. Each MMID is linked to a unique Mobile Number. To Transfer Money using this facility, just need to enter Beneficiary s Registered Mobile Number and his MMID. Amount will be credited to MMID linked Bank account instantly III. Money Transfer Using Aadhaar Number Instant Money Transfer is Possible to Aadhaar Number linked Accounts. Need to input Just Aadhaar number to transfer money to Aadhaar linked Bank Accounts. Amount will be credited instantly to Bank Account. Note : IMPS Enabled Bank List can be viewed by selecting IMPS BANK tab given in Domestic Money Transfer Screen.

14 Benefits of XPAY- IMPS 1. Instant fund transfer in few Seconds. 2. Money Transfer at any time even on Sundays, Holidays etc (24 x 7 x 365 availability) 3. Money Can be Transferred Instantly to 72 IMPS enabled Banks, and NEFT Transfer is available for more than150 Banks.. 4. Not required IFSC Code and Branch details for Many Banks including SBI. 5. Credit and debit confirmations to sender and Beneficiary( Receiver). 6. Lowest Money Transfer Charge among other Players. 7. Speed, Secure and Safe 8. Aadhaar Number based and MMID based Money Transfer facility also available.

15 Domestic Money Transfer through NEFT Domestic Money Transfer to Banks which are not enabled in IMPS will be diverted to NEFT Mode. Branches can Select usual Screen ie XPAY Transaction Domestic Money Transfer OR Select the exclusive Screen for NEFT Transaction ie XPAY Customer Payments DMTS NEFT to Complete NEFT Transaction. NEFT Timing to 4.30pm on normal Working days and upto 11 am on Saturdays.. Domestic Money Transfer Limit Per Transaction limit Rs Customer without KYC Max Rs.9900 in 30 days Customer with KYC - Max Rs.25,000 in 30 days Period Refund procedure For all Failed or rejected Transaction, We will refund the amount to Customer's XPAY Account. Customer can reprocess the transaction at any time by deducting their Card Balance.

16 Benefits to Branches More Income More Walk ins More number of Services to Customers Easy to cross Sell other Products Opportunity to canvas a group of customers through XPAY Invite Customers to our Branches by projecting different XPAY Services.

17 Various Reports IMPS Txn Report Reports IMPS Transaction report NEFT Report Reports Domestic MT Agents DMTS Report Reports FSMART DMT report Agent Balance Report FSMART Agent Balance Report DMTS Count Report - Report Detailed DMTS Transaction Report XPAY Income Report - Report General Br.wise report Product Income Report Fee Collection - Report Gen Br wise report Fee Collection Report Customer Trxn report Report Customer customer Txn Report IMPS Receipt Reprint Report DMTS Receipt Reload Report - Report Gen Branch wise Report Reload Report

18 Our Income Part Service Service Charge Mobile & DTH Zero Service Charge Fee Collection Rs. 50 for Registration Entry Rs. 100 for Training Entry Domestic Money Transfer Rs. 50 Rs. 75 Per Transaction In case of FSMART Agents we get 50% of Service charge Collected by them. Utility Bill Payment Collect Rs. 20 from Customer and Rs. 6 Shared to TechProcess

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