1 Wallet

Digital Wallets, also known as e-wallets, enable users to transfer funds to friends and family, pay bills and perform many such financial transactions. An OBDX wallet is linked to a current account and is created with an ID, typically the user’s mobile number. This makes the wallet both convenient to use as well as secure. The OBDX wallet can be used to transfer funds to other wallets or even to accounts. Users can fund their wallet by transferring money from accounts held with the bank or through external sources such as external bank accounts, debit or credit cards, etc. and can also request money from other wallets.

On scanning the QR code the user has to simply select the wallet from which funds are to be transferred. Refer User Manual Oracle Banking Digital Experience Scan to Pay for more details.

Note:

A user can have only one wallet.

The following features are supported through the use of wallets:

• Add money to wallet
• Transfer funds to other accounts and wallets
• Pay Bills
• Request funds from other wallets
• View Wallet Widget
• View Requested Funds Summary
• View Wallet Transactions
• View Wallet Details
• Scan to pay through wallet

• Relationship Overview Widget