Transcript Presentation about Trust card
BSNL Trust Card
What is Trust Card?
• Co-branded Prepaid Card for all ‘Citizens of India’ by BSNL & ItzCash • Easy alternative to cash and works like Cash • Payments for all BSNL services across all circles – BSNL Mobile post paid and prepaid – BSNL Landline, WLL services – BSNL VAS products • Payments at over 10,000 other ItzCash billers for digital payments which includes categories like: – Travel – Utility – Telecom
• • • Key Success Factors for Prepaid Cards
Environment
– Very high mobile penetration has brought prepaid cards culture – Discount available on payments through Pre Paid cards – Easy recharge of cards available at corner shop – Overall costs and fees are affordable
Need
– Safety - Cash is dangerous to carry – Difficulty in making small payments as change is difficult to find – Billers need not make elaborate arrangement to collect money – Convenience - Helps in Making payment without queues – No need to expose your full bank balance through Internet banking/Debit card while making payments
Advantages
– Easy to make small payments over phones (mobile/landline/Internet) – Facilitates on line payments remotely thus saves consumer time & resources in going to make cash payments – Direct saving through available discounts – Nation saves on currency/coins printing – Prevents circulation of fake currency – Limits risks
Features of Trust Card
•
At par value product
– Empowers the user to make payments for services safely and conveniently.
•
No hidden costs
– Customer can utilize full value of card.
• Pay online, on-mobile and IVRS.
•
Micro payments
- Uniquely enables the consumer to process micro payments of `10 upto ` 10,000 . These micro payments will help the BSNL customer to purchase VAS products.
Features of Trust Card
contd.
There are two types of Trust Cards
Card for retailers (B2B Business): – Business to
• For selling BSNL VAS, payment of other bills on behalf of customers and topping up customer cards.
• On these cards special discounting to retailers for VAS retailing is given
Card for customers (B2C Customer)
:
– Business to
Common customers may use this card for direct bill payments/ prepaid top-up etc. on their own.
Features of Trust Card
For issuing B2C card KYC is required –
No KYC
• Card can be loaded with Rs. 10,000/ • Payment can be made for utility bills only viz. electricity, telephone, water tax etc.
–
Full KYC
• Any kind of transaction allowed, • Amount which can be kept in Card – Maximum Rs. 50,000/ • Individual recharge amount – no limit, subject to overall limit • Daily payment limit – No upper limit • Annual payment limit of Rs. 2 Lakhs.
Recharge/ Upgrade:
– Reloading with a TRUST ‘recharge’ voucher available at the nearest outlet.
– To increase limit of card, opt for upgrading the card facility by giving full KYC.
Why should I use TRUST Card?
• Avail 1% discount in next bill, if making payments of BSNL bills through Trust Card.
• Retailers are duly incentivized with commission on each bill payment & Mobile top up through their card. • All other advantages/ convenience of pre paid cards • Make payments of about 10,000 services on line.
Advantages over competing products
• TRUST Card can be used to pay bills, purchase talk time of other Telcos which is limited in case of Airtel Money.
• Payments through Trust Card can be made either online or through SMS or over IVR. However Airtel money can be used only through mobile.
• Airtel Money allows payments of limited no. of billers however Trust Card supports for 10000+ billers along with payments for BSNL services.
• No processing fee/KYC charges/upgradation charges.
Advantages Over Credit Card
• Credit cards are more risk prone. • Procedure to acquire a credit card is lengthy & tedious. • Default on Credit card payment can ruin your credit rating and even deny you future loans.
• For Trust Card, just visit BSNL CSCs / ItzCash world outlets and fill the KYC form and get it. • Prevents you going overboard while spending
How to use TRUST Card?
• Card has a 12 digit account number and 4 digit password (which is masked) on
b
ackside.
• Unmask account number and password after purchase of card and use it to make payments.
• Don’t reveal your card or PIN no. to any one • To know more visit www.bsnlitzcash.com
or call 1860-345-7575.
• List of billers for which payment can be made, along wiith applicable tariff is available on above website
Action plan For Promotion by Circles •
Retailer list on BSNL website
network list on BSNL websites so that end consumer is aware where he can avail BSNL services
:
To put ItzCash retail
•
1% discount on postpaid bill payment
create awareness that consumer can avail 1% discount on postpaid bill payment through
Trust card
:
To
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Database promotion
:
To share consumer database with ItzCash team, so that they can do some promotion to drive footfall for BSNL services at ItzCash World Outlet
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Bill branding
bills thus helping the end consumer to walk in at outlet and avail Trust card services
:
To put info about availability of Trust card on