We all know what is Agency Banking
By appointing Agents, Governments, Central Banks and Financial Institutions want to achieve Financial Inclusion. A big population in emerging economies is still Un-Banked. Bank the Un-Banked is the mission of this decade for governments in emerging economies. We also understand that this cannot be achieved without Technology.
CiTiUS – Agency Banking Solution
helps banks and agents to acquire new customer and process daily transactions like:- 1. Account opening
- 2. Deposits
- 3. Withdrawals
- 4. Balance enquiry
- 5. Mini statement
- 6. Loan Disbursements and Repayment Collections
- 7. Fund Transfers
- 8. Utility Payments
With real time or near real time integration with the bank’s CBS, reconciliation should not be a problem. In the front-end Agents can use devices like Micro ATM devices, POS machines, Tablets or Mobile phones to do their job.
For customers, they get an official receipt of every transaction so they are happy and at peace. Banking becomes easy for them and the bank comes to their doorstep rather than they standing in long ques at bank’s branches.
For Financial Institutions, this helps them to acquire more customers and provide customer service without the need of their customers visiting their branches
For Agents, this is more business and additional revenue.
We are happy to launch CiTiUS POS devices. Now, we offer you a TOTAL solution to achieve Financial Inclusion.
