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Intelligent Cash Deposit

iCDs are self-service terminals that handle cash deposits for the retail industry. These machines are used to
deposit cash by the retailer, significantly reducing the time taken for cash pick-up. iCDs are manufactured by us.
iCDs can also identify fraudulent banknotes at the time of deposit with real-time transaction update using
remote monitoring. The deposited notes are then sealed and securely stored in a vault or bag housed inside the
machine before being deposited in the customer’s bank. Our iCD contracts have terms ranging from three to five
years, and we are paid for our services based typically on the amount of cash collected.

Digital Solutions

Transaction Switching and Electronic Payment Solutions

Our transaction switching services enable us to offer an outsourced platform for providing integrated payments.
processing, card management and merchant solutions. Switching a transaction involves authorisation, clearing
and settlement of such transaction. A switch is software which performs these functions across multiple devices
and payment networks and systems. We assist our customers in routing and processing electronic transactions
and also assist banks in migrating their existing card base, issuing new cards and authorizing cards. We started
providing transaction switching services with the acquisition of a licence for the Postilion switch from an
affiliate of ACI in 2011. For the five months ended August 31, 2021 and the financial years 2021, 2020 and
2019, we processed 487.10 million, 1,094.93 million, 871.74 million and 936.83 million switching transactions,
respectively. Our transaction switching services customers include banks and financial institutions such as RBL.
Bank Limited, Utkarsh Small Finance Bank Limited and BTI India Payments Private Limited.

Our transaction switching services include the following functions:

e — setting up an interface with the networks, including Mastercard, Visa, American Express, Cash Tree,
NES, banks ATM networks and customer services;

¢ — integration with payment gateway portals;

e setting up an interface with the device handlers, including with ATM manufacturers and POS
terminals;

e displaying marketing messages;

¢ — setting up single PIN features across various banking channels;

e ATM monitoring;

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