Vishal Final PPT.pptx on digitalization of financial transaction

Powerpoint presentation on digitalization of financial transaction of mba 1 st sem

1. SEMINAR ON CONTEMPORARY ISSUES ON TOPIC “DIGITALIZATION OF FINANCIAL TRANSACTION” BY VISHAL SHARMA ROLL NO 75 SUBMITTED TO RAJASTHAN TECHNICAL UNIVERSITY IN PARTIAL FULFILMENT OF AWARD FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION UNDER THE GUIDANCE OF MR. SHRIKANT DUBEY (ASSISTANT PROFESSOR) DEPARTMENT OF MBA MAHARISHI ARVIND INSTITUTE OF SCIENCE AND MANAGEMENT AMBABARI, JAIPUR

2. DIGITAL TRANSACTION A digital transaction is a seamless system involving one or more participants, where transactions are effected without the need for cash. Examples include swiping a debit card at a store, paying for a purchase online, or transferring money from an app to your bank account.  Digital transactions save time and money, resulting in a better bottom line.

3. NEED OF DIGITAL TRANSACTION Reduced dependency on cash Fast transfer speed There is less need to carry physical cash in their wallets Increased Speed and Convenience

4. BENEFITS OF DIGITAL TRANSACTION Benefits of digitalization of financial transactions for service providers: Business efficiency Cost savings Increased accuracy Improved competitiveness Greater Agility Enhanced security

5. Benefits of digitalization of financial transactions for customers: Convenience Discounts Tracking Spends Budget discipline Lower risk Small gains

6. MODES OF DIGITAL TRANSACTION Digital payment platforms have eased cashless transactions, and have been especially popular since demonetization.

7. Below are some of these cashless transactions making platforms NFC or MST transmission waves platform Sound based payments platform Mobile Money Identifier UPI App based payments platform QR Code based payments system USSD code payments system Aadhar enabled payment system Net banking payments platform Digital wallet payment system Magnetic stripped cards

8. GROWTH OF DIGITAL TRANSACTIONS IN INDIA

9. RELEVANCE OF DIGITAL TRANSACTION IN PRESENT SCENERIO  Increased Security More Convenient Seamless Transactions Convenience During Travel Physical Distancing Track Your Spending Budget Discipline Save Time & Money

10. Below is a list of the 5 main challenges in digital transactions and how to overcome them Fraud and chargeback's Cross-Border Transactions Card data security Multi-currency and payment methods Technical integration

11. TOP LEADERS IN DIGITAL TRANSACTION MARKET   PhonePe GOOGLE-PAY MOBIKWIK

12. THANK YOU