BPC Agent Banking is aimed to support agent and microfinance banking services for unbanked and underserved communities, by offering financial services to this customer segment through a mobile application. The solution comes with a centralized administration portal that allows to configure the agent banking mobile application, manage agents and customers.
SmartVista’s Agent Banking solution allows agents to offer the full range of transactions to their clients. This includes cash deposits (cash to account) and withdrawals (account to cash), money transfers including cash to cash transfers, account to account payments, loan repayments, bill payments or mobile top-up. Agents are able to on board new customers , performing KYC by capturing the customer ID and customer photo and submit it for verification and even open accounts on their behalf. Once enrolled, the solution allows agents to offer the customers a complete range of services, including access to mini statements and balance inquiries, customer PIN change, cash withdrawal, issue a card or print a receipt.
SmartVista’s Agent Banking completely transforms the way financial services are delivered to customers. By using the solution, not only can the Bank reduce the cost of their branch network, but the Bank can also expand the products offered to customers remotely.
SmartVista has been designed to seamlessly and quickly integrate into virtually any infrastructure. It has a range of pre-configured online, offline and near real- time options for integrating with service providers, money transfer processors, core banking systems, card management systems and other solutions.
Agent Banking is an additional delivery channel that enhances the convenience and outreach of affordable financial services to an underserved segment of the population in a very cost efficient manner.
Learn how TymeBank and BPC managed to build an entire banking infrastructure from the ground up to support TymeBank’s ambitions to deliver a unique low-cost innovative service to their clients.
Learn how, at the leading edge of microfinance, Hattha Kaksekar has been able to grow its products across ATM, POS and mobile devices using SmartVista.
Learn how APNA and BPC managed to tackle all challenges of issuing EMV cards in-house and cut costs of card issuance by half.
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