Installation and Application of Baroda M Clip

In our previous post "Bank Mobile Wallet", we know the feature of Baroda M Clip. Here we learn how can installed it and their application.

1. Download

• Search “Baroda M-CLIP” in google play store.

• Click install.

• Accept permissions asked by App.

• App will get downloaded.

2. Registration

• Click Baroda M-CLIP icon on mobile phone.

• Click register.

• Enter Mobile number.

• Enter full name (first & last name).

• Enter email id.

• Enter date of birth.

• Select security question.

• Create an answer for the security question.

  (In case of forget PIN, user can reset PIN by answering the correct answer to the  selected security question)

• Create secure PIN for login into the wallet.

• Clicks proceed.

• OTP will be sent for mobile verification.

• Enter the OTP for Mobile verification.

• Registration is completed.

3. Manage Cards

• User can link the VISA & MasterCard credit, debit and prepaid cards.

• Click Manage cards option.

• Click add card.

• If card is embossed then user can directly scan the card by clicking on camera icon

displayed. After that, enter card expiry and click add card.

• Otherwise, user has to enter the card alias name, card number and card expiry and

name on card manually.

• All cards linked can be viewed under linked cards option.

• User can directly pay through any of the cards linked into the wallet without using

Wallet balance.

4. Load Money

• User has to load money into wallet before making payments through wallet card.

• For loading money, click Add/send money option.

• Then click Load money.

• Enter amount.

• Select from linked cards from where you want to load money.

• If user wants to load money through a card other than linked card then he can select

new card and enter card credentials.

• After that user enter VBV or MasterCard secure and CVV.

• Money gets loaded into wallet.

5. Send Money

• User can send money to other users by phone number or email.

• Click Add/Send money option on home screen.

• Click send money.

• Select recipient from recent, contacts or enter new number.

• Enter amount.

• Click send money.

6. Shopping

• This option displays the list the merchants available in wallet. User can shop at these

merchants and pay with wallet card or linked cards in wallet.

• Click shopping.

• Presently gifting options are available and gift card of various merchants like book my

show, amazon etc are available. User can buy these vouchers for others or for himself.

• Click on any brand from the category available.

• Provide details.

• Make payment through wallet card or linked card.

• Gift card details will be delivered immediately on email.

7. mVISA (QR based payments)

• User can perform QR code based payments through mVISA facility using Wallet

account.

• Click Pay with mVISA.

• Scanner will get opened.

• Scan the QR code.

• Enter amount.

• Click Pay.

8. Recharge

• User can perform Prepaid/Postpaid mobile recharge, Data card recharge and DTH

recharge.

• Click Prepaid/Postpaid mobile recharge.

• Select prepaid or postpaid according to requirement.

• Enter mobile number that is to be recharged or select form contacts.

• Enter Amount.

• Click Pay.

• Option will come asking from where to pay i.e. either from linked card or from wallet

card.

• Click confirm.

• Same procedure can be followed for recharge of postpaid mobile, Data recharge &

DTH Recharge.

9. Virtual Card

• For every wallet user a virtual VISA card gets created with all the card credentials like

card number, card expiry and CVV2.

• The money loaded in wallet gets stored in this card.

• User can use this card for online purchases also like other debit/credit cards across

various merchants where VISA card is accepted.

10. Transaction History

• All the financial transactions performed by user are displayed here.

11. Hamburger Menu

• Apart from all the options available on home screen, other options of settings, Demo,

Support/Feedback are available here.

• Under settings various options are available:

You can also visit for more Technology

Thanks

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Baroda M Clip - Bank Mobile Wallet

Bank of Baroda M CLIP is a complete digital payment solution, giving you the power to pay in just few taps. Add money with any bank Debit or Credit Card and enjoy payments on partner merchants. The Baroda M Clip is available on google play store and compatible with phone having Android version 4.0 and later.

 

Eligibility:

It is available for both, bank’s customers as well as non-customers. For bank customers a KYC wallet will be created and for non-customers a non-KYC wallet will be created. KYC wallet limit is Rs 50,000 per month and non-KYC wallet limit is Rs 10,000 per Month. For automatic creation of a KYC wallet, user should load money in wallet using Bank of Baroda debit card which establishes the fact that user is a Bank of Baroda account holder.

Features of Baroda M Clip:

Bank’s Mobile Wallet “Baroda M-CLIP” is a payment solution offered to users on their

mobile phones. The features available in wallet are as under:

1. Person to Person (P2P) send money

 User can transfer funds to other person by using their mobile numbers or email ids. If the recipient is already a Baroda M-CLIP user, funds will get instantly transferred to his wallet account otherwise recipient will receive the SMS based on that they have to download the application and claim the funds through Wallet.

2. Recharge

User can perform anytime & anywhere recharge for mobile, DTH and data cards. Bill payment facility for post-paid mobile numbers is also available.

3. Shopping

Users can shop at various merchants available under this option. Presently, gift cards of various brands like amazon, book my show, flipkart etc. are available which are delivered instantly on email. User can gift these to near & dear ones or can use himself for purchase at these brands.

4. mVISA

This feature enables users to make QR code based payments on the merchant authorize for making mVisa payment. Scan the merchant QR code, enter amount and click pay. This is a faster and convenient way of making payments at shops, online and everywhere else where QR based payment is accepted.

5. Services offered

All the services offered to user will be displayed under this category.

6. Manage cards

Users can link their existing Visa/MasterCard debit, credit and prepaid cards. At the time of payment user can pay through through any of the linked cards.

7. Offers

All the offers which bank will provide to wallet users will be displayed here. Presently 50% cash back on Tata sky recharge through mVisa is being offered to wallet user.

8. Virtual Card

A virtual prepaid card gets created within the wallet for every user after loading the money. The card number, expiry and name is displayed on card image. Back side of the card contains CVV. Lock card feature is available. User can click on “Lock card” icon and card will get locked. This card can be used for online transaction. If card is locked it can not be used at ecom, which is inbuilt security of virtual card.

9. Transaction History

User can check and keep track of all the financial transactions in Baroda M-CLIP.

10. Profile set up

User can update profile picture and set profile details to have a personalized experience.

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Answer Key of JAIIB-02

Lets check your progress with these Answer key for our JAIIB-02

Question No	Answer
1	C.      Excess cash/liquidity position
2	B.      NABARD
3	A.      Banking sector
4	D.      All the above
5	C.      Acquirer bank
6	A.      Assignment
7	D.      Assignment
8	B.      Not Transferred
9	D.      Cash Credit against Pledge of book debts
10	C.      Usufructuary mortgage

Also read - Check Your Progress JAIIB-01

for more question visit our page Mock Mock Test JAIIB/CAIIB

Hope, you doing your best.

Thanks...!!!

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Baroda mPassbook

Baroda mPassbook is a mobile application for mobile device for Bank of Baroda customers, in which we can see all the account statement including saving, current, recurring and overdraft account that is links to the same mobile number. Whenever we open the application, it synchronizes and updates all the latest transduction of account link with it on your handset.

So you can see you statement without going to branch and save the time and prevent yourself from rush.

The main feature of Baroda mPassbook :
1. Show the latest transaction.
2. Balance inquiry of all account
3. Account info
4. Locate ATM
5. Expense Manager
6. Digital Passbook

For this, you have to installed the "Baroda mPassbook"  from google play store with following the below step:

Step 1
Open the google play store in your mobile device

Step 2
write the - baroda mpassbook

Step 3
download the Bob mPassbook and after download completed, open this

Step 4
Select your language

Step 5
enter your mobile number registered with Bank of Baroda
(OTP will be sent to your mobile number)

Step 6
Create your password and enjoy

Thanks...!!!

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Check Your Progress JAIIB-02

Q1. The ability of a commercial bank to increase its loans and investment depends on its:

A.      Holding of Government securities

B.      Profitability

C.      Excess cash/liquidity position

D.      Outstanding loans and investments

Q2. Who manages the Rural Infrastructure Development Fund (RIDF)

A.      RBI

B.      NABARD

C.      Rural Development Ministry

D.      SIDBI

Q3. Basel II norm are associated with –

A.      Banking sector

B.      Insurance sector

C.      Share markets

D.      All of the above

Q4. Disadvantages to Credit Card holders include:

A.      Over spending ending in Debt Trap

B.      Frauds due to loss or theft of cards

C.      Forged signature

D.      All the above

Q5. The bank which pays the merchant for the transaction is called as

A.      Issuer bank

B.      Clearance bank

C.      Acquirer bank

D.      None of the above

Q6. The nature of charge created on the intangible securities like ‘accounts receivable’ is

A.      Assignment

B.      Mortgage

C.      Lien

D.      None of the above

Q7. Banks advance loans against the security of assets and the nature of charge created while doing so is

A.      Pledge

B.      Hypothecation

C.      Mortgage

D.      Assignment

Q8. In the case of pledge and hypothecation, the title in the goods is………..to the bank making in advance:

A.      Transferred

B.      Not Transferred

C.      Both

D.      None

Q9. Bank finance Book Debts by –

A.      Factoring

B.      Forfaiting

C.      Overdraft and Cash Credit against Hypothecation of book debts

D.      Cash Credit against Pledge of book debts

 Q10. The possession of the mortgage property is normally given to the mortgage in case of –

A.      Simple mortgage

B.      English mortgage

C.      Usufructuary mortgage

D.      None of above

We provide answer in our next post.

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