IN PRESENT TIMES,THE TOP TWO CONCERNS OF $0(5&+$17 … · IN PRESENT TIMES,THE TOP TWO CONCERNS OF $0(5&+$17 75$'(5$5(« A. To accept seamlessly, the receipts against goods/services

IN PRESENT TIMES,THE TOP TWO CONCERNS OF

A MERCHANT / TRADER ARE…

A. To accept seamlessly, the receipts against goods/services supplied by him.

B. To pay seamlessly to Employees, Vendors, Suppliers, Govt., EPFO, Tax Authorities etc.

DIGITAL SOLUTIONS FROM SBI FOR COLLECTIONS & PAYMENTS

B. To enable Traders/merchants to pay seamlessly to Employees, Vendors, Suppliers, Govt., EPFO, Tax Authorities etc., SBI has the following solutions:

i. Cash Management Product (CMP)

ii. Mobile Based Solutions like State Bank Anywhere-Saral or Corporate, Mobile Wallet-State Bank Buddy and UPI Interfacing solution

iii. Our Corporate Internet Banking (CINB) variants to suit different types of Traders/Merchants.

iv. Online mode of payments to Suppliers/Industry Majors (e-DFS/e-VFS)



Benefits of State Bank Debit Cards

SBI Debit Cards can be used for 1. ATM Cash withdrawal 2. Payment on PoS machines for purchase of merchandise and 3. Online purchases, Utility bill payments, travel booking, fuel

outlets, hotels, restaurants, movie tickets etc.

A very safe and secure mode of payment. Widespread acceptance - at more than 1.4 million PoS terminals

across the country. Easiest and safest way to make online transactions. We are open to install PoS machines at all merchant locations.

Ezpay Card

Validity: 10 years

Card Limit: Rs. 50k

Reloadable ATM/PoS/

Online

Online Bulk

Upload

• Blue collars

• Temporary employees

Salary

• Distributors

• Insurance agents

• Corporates, etc

Incentive • Inward remittance

• Government disbursements

• Imprest Payments

Periodic Payments

Low cost. Relaxed KYC requirements. Reduced likelihood of fraud Reduces the need to carry liquid cash-hence greater safety. Easily reloadable, both by Card holder as also the Corporate

buying the Card. Convenient, safe, secure & flexible Wider acceptability Can be used for

I. Vendor Payments II. Regular Casual workers III. Petty payments, serves as Imprest Cards.

9

MERCHANT ACQUIRING BUSINESS - Point of Sale (PoS) Terminal

Overview – SBI Merchant Acquiring

Largest Acquirer in the country

Installed base of 3,45,000+ PoS terminals

Presence across 4500+ centres and across all sectors: From small kirana

stores and vegetable vendors to large Jewellery, Supermarkets, Hotels,

Airlines, Petrol Pumps, Hospitals etc. including corporates such as Big Bazaar,

Reliance Retail etc. to Government undertakings.

Bouquet of Value Added Services:

• Dynamic Currency Conversion (DCC) – For Hotels and Tourist Centres

• Cash@PoS – Revenue generating service for merchants

Various types of PoS terminals including the latest contactless NFC terminals and Mobile PoS

terminals / QR Codes

Less Cash handling : Reduces handling cost &

improves turnaround time

No Risk of Counterfeit / Forged Notes

Direct Credit to Merchant Account:

Eliminating need of depositing cash at bank

Providing additional payment option to customers in addition

to Cash

Customised MIS for tracking of business

Prevent loss of sales and also Boosts sales as customers

purchase more through cards

Value Added Services:

Cash@PoS – Manage Excess Cash and Generate Revenue

Dynamic Currency Conversion – For Foreign cards

11

No requirement of Cash

Availability of additional mode of

payment

Loyalty Points / Cashback offers from time to time on card

usage

Secured form of making payments

Additional Convenience point for customers to withdraw

cash (Cash@PoS)

Reduced transaction time

For Cardholder For Merchant

Advantages

Types of Terminals

Particulars PSTN (NFC / Non NFC) Desktop GPRS

(NFC / Non NFC)

Portable GPRS

(NFC / Non NFC)

Mobile PoS

Works Landline GPRS Network GPRS Network GPRS Network

Advantage Presently at no cost Faster

transactions, no

requirement of

Telephone Line

Portable, faster

transactions, no

requirement of

Telephone Line

Portable and

light weight

Utility At counters At counters

where there is

no telephone

line

Mobile Payment

collection -

Restaurants

Mobile Payment

collection –

Home

Deliveries

In addition, Bank is also offering QR Based Payment Solution though its MVISA Product

Particulars Transaction Value up

to Rs. 2000/-

Transaction Value above

Rs. 2000/-

On-Us transactions – Debit Cards

(State Bank Group Debit Card on SBI PoS terminals )

0.75%

(Waived off Till 31st

December)

1.00%


December)

Off-Us transactions – Debit Cards

(Other Bank Debit card on SBI PoS terminals)

0.75%


December)

1.00%


December)

Credit Cards (Domestic) 1.50% 1.50%

Foreign Cards (Cards issued outside Indian territory) 2.50% 2.50%

Charges

13

A) Merchant Discount Rate (MDR)*

B) Terminal Rentals

Particulars PSTN Desktop

GPRS

Portable GPRS Mobile PoS

Monthly Rental per terminal Free Rs.220/- Rs.400/- Rs.150/-

Non-Refundable Security

Deposit

Free Rs.200/- Rs.400/- Rs.500/-

Service tax additional on all items above

* plus Applicable taxes


15

• StateBank E-Handshake Collection

Solution

Integration of Govt./Corp. site with our INB site and/or Payment Gateway (PG) or SB-MOPS Benefits of E-Handshake Transparent and efficient processes.

Access to real time information.

Reduces cost of publication of paper brochures.

Eliminates cost of manual handling and record keeping of STDRs/ drafts /cheques etc.

Process is controlled by the concerned PSU and is subject to rules framed by them which are agreed to by all participating parties.

E-Handshake with SBI

16

A Unique Payment Solution from State Bank of India to its Corporate Customers for collection of funds online from receivers of their goods & services.

State Bank Collect has been specially designed and developed for the benefit of :

Schools, Colleges, Educational Institutes

Government Departments, PSUs

Corporates

Hospitals, Clubs, Trusts etc....

Online Collection of funds can be:

Fee collection by Educational Institutions

Recruitment fee

Collection for goods and services supplied by firms / corporates / institutions

Subscription to Newspaper/magazine, club membership fee

Donations to Charitable Institutions/Religious Institutions

Collection of Registration fees

Booking Charges for any services

Any other purposes

Payment options available to payers:

SBI & SBI Asso. Bank Internet Banking

Other Banks’ Internet Banking

SBI & SBI Asso. Bank ATM cum Debit Card

Other Banks’ ATM cum Debit Card

All Banks’ Credit card

Off-line Collection at SBI Branch through Cheque/cash

State Bank Buddy for small amounts

SB-MOPS

19


Wallet Proposition for Traders / Merchants

Payment Proposition of State Bank Buddy for consumers making payments to merchants

Customer uses Buddy

app for payments

Payment Trigger

QR Code / Phone

Number of

merchant

On-Premise & Off-Premise

Key Use Cases

Envisioned

(Non-exhaustive) Home Delivery

Pay on Online

Platforms At Stores

Marketplace: Shop &

Pay on Buddy

Web / Mobile app

merchants

Integration with

merchant’s Billing systems

Payment Proposition of State Bank Buddy for Merchants

Merchant can accept

payments through

Buddy

Payment Channel

POS machine Billing System Mobile Merchant

App

Billing system

integrated with

State Bank buddy

platform

Can authorize app

usage for sub-

merchants to

execute payments

In addition to debit

/ credit cards as

payment option ;

accept Buddy*

* soon getting ready

Benefits of State Bank Buddy for Traders / Merchants

• Instant cashless payments at counters

• Seamless integration with your billing system for customer

transactions

• Authorize your sub-merchants to receive payment through the

app

• Enable cashless payments at point of delivery

• Trigger refunds for your customers

• Transfer wallet balance to your linked Bank account instantly


e-Tendering (electronic tendering) is online collection of Tender

Money and Earnest Money Deposit (EMD) from Bidders, in place

of offline acceptance of Demand Drafts / TDRs/ BGs.

e-Tendering

Enabled Modes

SBI Net Banking

Cash/SBI Cheque at SBI Branch

Other bank INB.

Transaction Types

Tender Fee Collection

EMD Collection

EMD Refunds

Settlement







Cash Management Product

Transaction Banking Unit in SBI is a specialized outfit working on a Technology Driven Cash Management Platform for Bulk Transaction Processing

Collection :

We have a capability of collecting customers receipts through Cash, Cheque, Demand Drafts and also through RTGS, NEFT, IMPS, Direct Credit and Direct Debit Mandates. The entire collection can be pulled in one account and we give detailed MIS for each of these transactions. Payment : We address bulk electronic payment requirements of customers by processing their mandates and pay to their clients through electronic mode like RTGS, NEFT, IMPS and Direct Credit to SBI accounts. We also make bulk payments through paper mode like CCPaP, Demand Drafts and Dividend Warrants as per the customers requirement. We provide detailed MIS for each of these transactions.

Cash Management Product

Liquidity Management: As per the requirement of the client we move funds between different accounts through sweep and reverse sweep for efficient Liquidity Managements.

Services :

As per the requirement of customers we also provide services like Host to Host Connectivity between servers for safe and automated electronic file exchange between clients and bank.

We also Provide SAP Extractor, Portal and Door Step Cash / Cheque Pick up facilities for our customers.













For whom ?

All non-individual customers like

• Firms-proprietorships, partnerships, private and public limited companies etc.

• Institutions

• State and Central Government Departments

• Different Variants to suit different requirements of Corporates

Corporate Internet Banking (CINB) & its Mobile-Interface State Bank Anywhere

• Intra Bank / Inter Bank transactions (NEFT,RTGS and GRPT)

• Payment to registered suppliers

• Statutory payments- Central and State Govt Taxes, EPF subscription etc.

• Supplier Payments

• State Bank Collect Facility

• Merchant transactions

• Utility Bill Payments

• Bulk upload facility for payments of salary, tax, pre paid cards, bills, intra bank and interbank transactions etc.

• Direct debit facility for e-collection

• Integration with Corporate ERP systems for end to end automation

• Detailed MIS Report

Features in CINB







Special features CINB

Supply Chain Financing

An online collaborative platform for the Banks, buyers and sellers for facilitating transactions and financing across the financial

supply chain.

Vendor Financing

Providing finance against the receivables due for the sales

made to IMs.

Dealer Financing Providing finance for the purchases

from the Industry Majors.

Supplier payment

This Module is for Major Corporate Customers. Dealers of Supplier should have account in SBI branches. Dealers must be enabled for Corporate Internet Banking. Dealers make

payment to supplier through onlinesbi.com. Supplier gets MIS on real-time basis

Documents

IN PRESENT TIMES,THE TOP TWO CONCERNS OF $0(5&+$17 … · IN PRESENT TIMES,THE TOP TWO CONCERNS OF $0(5&+$17 75$'(5$5(« A. To accept seamlessly, the receipts against goods/services