Confidential CONFIDENTIAL SWIM ATA UPI Payment Service Provider System ! 1 !
2 Confidential CONFIDENTIAL SWIM ATA PSP System Integrates With UPI Critical to India – UPI Payments Central to the Indian economy Unified Payment Interface (UPI) payments architecture aims to achieve the goals of universal electronic payments, a less cash society, and financial inclusion - RBI Payment System Vision NPCI operates the Indian UPI national payments infrastructure, a national grid for payments including IMPS All interbank payments pass through IMPS systems ! Since its beginning, UPI aims to achieve 99.9 percent availability across all systems Strategy to expand into international markets UPI IMPS touches every bank account in the India Aim to operate in UK via integration with Payport Vocalink Transfers and payments within seconds 2 !
3 Confidential CONFIDENTIAL SWIM ATA UPI Architecture 3 !
4 Confidential CONFIDENTIAL SWIM ATA PSP System Overview 4 !
5 Confidential CONFIDENTIAL UPI P2P & Merchant Collect Payments Settlement Bank A Bank B Bank C GW GW GW IMPS Central Infrastructure Reserve Bank of India New Model NPCI UPI SWIM ATA This is you! PSP PSP PSP 5 !
6 Confidential CONFIDENTIAL Direct Pay by Payer to Payee 6 !
7 Confidential CONFIDENTIAL Collect Pay Payee from Payer 7 !
8 Confidential CONFIDENTIAL UPI User Identity & Validation Identity Data Validated By When How Mobile Number PSP Customer Registration Using OTP Issuer Account Registration During first transaction PSP Customer Registration Aadhaar Number or Aadhaar authentication PAN number or PAN card verification Customer Name PSP Customer Registration Aadhaar e-KYC or Bank or PAN card verification or any other KYC verification 8 !
9 Confidential CONFIDENTIAL What is SWIM ATA PSP System ? SWIM ATA PSP System gives financial institutions the ability to offer real-time ATA payments 24/7 by becoming Payment Service Providers on the UPI IMPS Service A direct A Managed Software as a An End-to-End connection Service Service Solution to UPI • no need to invest and • that simplifies • including ad-hoc maintain an in-house implementation consultancy and 24/7 gateway solutions support 9 !
10 Confidential CONFIDENTIAL How SWIM ATA PSP System Connects to UPI? SWIM ATA for Payment Service Provider Banks of UPI SWIM ATA Customer Mobile Network UPI Payments Service Participant Banks Managed Service channels Payment Core Service central Providers system Merchant gateway Mobile Host Stand-in Internet WebServices system service Customer Mobile Reports Sponsor Acquirer Note: FPS reports are collected directly by the participant from the FPS UI 10 !
11 Confidential CONFIDENTIAL Implementation and On- boarding 11 !
12 Confidential CONFIDENTIAL 5 Key Stages 1 2 3 4 5 Discovery UPI Scheme Technical take- Testing UPI Process on testing & Engagement accreditation Pre-implementation: Partner with you via Provide all necessary SWIM ATA team will UPI Certified SWIM work with you to joint meetings with technical information guide you through ATA PSP gateway discover & your business & UPI for necessary the test phases to simplifies your end- understand your message types & ensure you are ready to-end solution business needs to interfaces to SWIM for certification certification ensure we meet your ATA Wallet SDK & testing with UPI requirements responses for the Member Assurance Questionnaire 12 !
13 Confidential CONFIDENTIAL UPI Engagement Process UPI Engagement Process Steps to Joining SWIM ATA PSP UPI 1 2 3 4 Have a plan Comply with Comply with Gain to become UPI Legal and security, agreement PSP Bank Regulatory operational from UPI to Requirements and availability become a PSP of UPI requirements of UPI 13 !
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