360° Payment Solutions

for Universities
 Table of Contents

1. Overview - PAYNEO (Unified Payment Platform)

2. PAYNEO Use Cases

3. PAYNEO Differentiators

4. PAYNEO Benefits

5. PAYNEO Proposition to Universities

6. PAYNEO Partnerships

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 Overview
What is PAYNEO?
• A unified payment platform -
QR Code based mobile/web
payment acquisition and
aggregation platform that
enables University/Education
to accept cashless payments
with minimal or no integration
in their system.
• A disruptive next generation
payment platform capable of
creating a unified payment
ecosystem.
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What does it do?
• Enable payment by converting any
medium - mobile/web; into a
payment application without any
additional hardware requirements.
• Integrate all payment instruments
such as cards, e-wallets, IMPS, net
banking etc., and enables single
touch payment.
• Addresses both offline and online
markets.
PAYNEO Impact
• Makes payments easier and
faster
• Facilitates instant transactions
• Sets all-pervading convenience
• Ensures seamless payment
possibility anytime, anywhere,
anyway and to anyone.
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 Overview
A Unified Payment Platform which is independent of:

Any smartphones Operating Systems Sales Medium E-Wallets

Developed on robust and secured technology to offer the following value proposition:

Everything Single Touch Unified Payment

becomes payment Pay Gateway

1 •
interface

Anything ranging from a website

2 • Most convenient way of
3 • Single solution to all stake
to magazines, brochures or even payment holders for making or receiving
hoarding boards can become a • Instant Money Transfer payment whether it be
payment interface • Payments anytime anywhere University/Education,
students/persons

A highly scalable business model having infinite use cases and application

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 Payment Initiation Process (University/Education)

University/Education Universities download University/Education Upon successful

enrolls with PAYNEO. and login in to or authorized staff payment by a user,
And they will be PAYNEO can enter transaction merchant app is
provided with access University/Education amount and generate instantly shown with
to login to web/app. app. Custom QR on a click. the receipt.

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 Payment Acquisition Process (Student’s App)
Students save various
medium of instruments like
Students downloads and
credit card, debit card, etc.,
registers in PAYNEO.
which is securely stored in
PAYNEO server.
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Students scan custom QR
Upon successful
in any medium like bills,
transaction, students get
catalogues, e-commerce
their receipt instantly.
etc., and makes payment.
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 Use Case: Fee Payments
PAYNEO facilitates quick, convenient and secured payment of bills and remote selling of goods through catalogues

Generates fee, catalogues,

etc. with the Unified Payment
Platform - online/ offline
Universities/
Students with
Education
smartphone
1

Students can make payment using his

2
PAYNEO app, verifies the amount and other
details and clicks to make payment through
pre-selected payment mode (credit card, net
banking, e- wallet, UPI)

3
Notification sent both to 3
Universities/Education and Students

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 Use Case: Student commerce
PAYNEO facilitates quick, convenient and secured payment across e-commerce platforms

Students uses their Unique ID To Login

1 in PAYNEO enabled student
ecommerce site to transact seamlessly
without having to sign up with existing Merchant
User with smartphone
details automatically.

Adding fees / products &

2
services to the cart

During checkout, will be redirected to the

3
payment page

Students can start paying using his

PAYNEO app, verifies the amount
and other details and clicks to
4
make payment through pre-
selected payment mode (credit
card, bank account, e- wallet)

Universities/ Education are notified with the payment receipt and student
5 will be notified with transaction status.

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Student Journey
Android IOS & Web Student login with Unique ID Student Details Available

Student can view

Fee | Tuition | Hostel |Mess | Exam | Book | 3rd Party API | Bus, Train, Flight, Book, Food ,
Transport & Other Entertainment & other

Students can start paying using his PAYNEO app, Universities/ Education are
verifies the amount and other details and clicks to notified with the payment
make payment through pre-selected payment receipt and student will be
mode (credit card, bank account, e- wallet) notified with transaction status. Successful
Transaction

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University Journey
Android IOS & Web Admin / Super Admin login with their ID Upload CSV Data of Student / 3rd party ERP
API for Students data

Upload of CSV Face Data / Scheduled Dashboard for payment Recondition

Announcements / Exam Data / Result data

Others

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 Unified Payment Solution
PAYMENT PROCESSOR

Checkout Pages Routing Logic

CENTRALISED
TRANSACTION
PROCESSOR (CTP)
Reports & Recon
Payment APIs

UPI
Cards Net Banking Loyalty EMI

In Web Portal In Mobile App – Android & IOS

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 Payment Solution Features

1 2 3
Multi payment modes Multi Acquiring Routing Logic
Provides multiple Multi acquiring – easy Easy to define percentage
payment modes for to add any acquiring based or transaction
flexible online payments banks and can define count based logic to
to customers. Loyalty routing logic various acquiring banks.
Engine can also be easily
integrated.

4 5 6
Reconciliation Transaction Reports APIs & Dashboard
Reconcile transactions Provides timeline based Publishable APIs for easy
with bank transaction reports and integration with any 3rd
statements/report and transaction analysis party application.
provide settlement Administrator
data/info.
dashboard.

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 System Architecture

PCI DSS Level v3.1

Compliant
environment &
robust payment
card data security
architecture
process to safe keep
card details

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 Security Certification

PAYNEO’s platform ensures that

consumer sensitive payment card
details are safe and secure with the
compliance of
PCI Security Standards Council
(PCI DSS Level v3.1 Compliance
Certification)
and provides six layers of
protection where sensitive
information is protected using
military standard encryption.

PAYNEO: Security Spectrum

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 Security Stack (Patent Pending)
HTTPS
• All transaction over HTTPS
• 256 BIT TLS 1.2
ENCRYPTION
• PKI Technology (RSA 1024)
• Public Key encryption
• Unique key - dynamic issuance/user/app/request
• Cipher CC/DC on top of SSL
• Public Key used as unique ID
• Used for authorization/access control
• Additional encryption over TLS (HTTPS)
AUTH TOKEN
• Ephemeral authentication tokens
• Randomized & un-predictable number
sequence (attached to a REQ/RESP)
• Mandatory with every REQ/RESP (use of
data and its access)
• Stringent validation of token in each
REQ/RESP
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Wallet pin Password Authentication (WPIN)
• PIN based authentication
• Restricts unauthorized access
• Restricts unauthorized transactions
• Simplifying user experience (Pre-instrument selection)
• Change in device triggers REAUTH using password
Token
• Tokenization (Replacing something of high value with lower value)
• Protects card data
• Dynamic Issuance of tokens
• First level check with PAT before accepting transaction requests
• Data filtering mechanism to restrict un-wanted requests
CARD VAULT SYSTEM
• Secluded Card Vault System
• PCI DSS 3.1 Compliant
• Card data management
• Activation/De-activation
• Card lifecycle management
• Tokenizer – Vault, Generation & Validation
• Key Management: HSM for MEK Protection, KEK & DEK for key and card
data encryption
• Scalable approach
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 UPI/Custom QR (Patent Pending)

• No student specific/universities information in QR Code

• QR Code contains a reference of transaction in most cases
• Payment transaction request is determined and initiated at the server
• No keys stored locally for encryption/decryption, keys are issued on
demand and per request

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 Benefits (Universities & Students)
FOR CUSTOMERS
Massive Increase in
• Enable customers to buy directly
Increase in Sale Buying Options
from manufacturers anywhere
Channel
and anytime , online or offline
UNIFIED without any middlemen involved.
FOR MERCHANTS
PAYMENT • Loyalty based VAS will benefit
• Increase in POS leading to customers and also promote
massive increase in sales channels
Opens New
PLATFORM customer loyalty
Value
Sales Added Services • Single medium of payment for all
• Ready-to-go solution facilitates
Channels kinds and modes of transactions.
hassle free online presence
forming new sales channel for
merchants not currently online.
Increased Single
• Numerous use cases to increase Options for Payment
payment options and lead to a Receiving Platform
spurt in offline transactions Payment

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 Proposition for University/Education
• Students & University/Education centric Unified Payment Platform - a
single platform to pay and receive payments using all possible payment
options (Credit/Debit/Cash Cards, e-wallets, UPI, Internet Banking
IMPS/NEFT/RTGS etc).
• Loyalty rewards from multiple merchants and enabling redemption of
reward points from different merchants.
• A seamless payment solution that would leverage strong authentication,
linkage of authentication to a unique ID, accessible across, all banks &
fund transfer.
• Enabling Cashcard Contactless payment ecosystems for Universities in
online space.
• Enabling various use cases for universities/education to accept digital
payments.

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 Partnerships

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Thank You

Contact Us
#74, 3rd Floor, Prestige Ferozes Building,
Cunningham Road, Vasanthnagar,
Bangalore – 560 052. Karnataka, India.

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contact@payneo.in

(+91) 80 46112400

www.payneo.in