Agency Banking
The Agency Banking solution broadens the horizon for banks to help them serve their customers efficiently. With this solution, banks can take their branch directly to customers and provide services at their doorsteps
KEY FEATURES
- Makes banking services available to retail outlets
- Secure way for un-banked to save their money
- Cash-in, Cash-out, P2P money transfers to registered/unregistered accounts
- Long distance remittances
- Balance check, mini statements
Loan installments repayments using funds in a micro banking account.
KEY BENEFITS
- Increasing the security by reducing cash transactions
- Convenient and real-time transactions
- Affordable transaction cost
- Services such as savings, loans, remittances etc.
- Flexible, expandable access points by agent network
- Growth driver for country’s economy
USE CASES
- Customer Onboarding
- Cash Deposit and Withdrawal
- Loan Application
- Loan Disbursement
- Saving Products
- Merchant Payments
- Insurance
- Mutual Funds
- Remittance
- Top-up and Bill Payment
- Enterprises Payment
- Interbank Transfer
- Government tax Collection
- Government Subsidy Distribution
AGENCY BANKING
The Agency Banking solution broadens the horizon for banks to help them serve their customers efficiently. With this solution, banks can take their branch directly to customers and provide services at their doorsteps. Banks can also create new accounts and new applications, edit loans, and do a lot more remotely. All essential and value-added services can be implemented in the Agency banking solution as well.