BankFlex® Agent Banking is a comprehensive solution for you to expand to underbanked populations without establishing formal banking channels.
Without significant changes to your core and peripheral systems, BankFlex® Agent Banking, also known as Tab Banking, enables the banks to grow their geographical footprint. The solution uses agents, post-offices, and shops with mobile access to provide services in the most remote locations, with little or no formal infrastructure.
BankFlex® Agent Banking is available on all mobile devices, including on primitive mobile phones, smartphones, tablets, iPads, laptops, and PCs. Banks can now deliver service to their customers like KYC, Open accounts, Cash Deposit & Withdrawal, Bill Payments, Remittance and Funds Transfers, Cheque Deposit etc. through this comprehensive channel.
Convenient: The solution helps you reach the underbanked markets, especially in rural areas of developing countries: all via the help of agents equipped to deliver banking services.
Easily Accessible: The solution makes banking accessible through easily available mobile devices.
Highly Secured: Agents use completely secured channels and payment methods, validated through N-Factor authentication, biometrics, PINs, etc., for a safe customer transaction.
Reduce Expenses: Save operational costs on formal infrastructure by leveraging agent networks. Besides, it provides employment and further source of income in remote rural areas.
User Friendly and Multilingual Its simple, intuitive, and multi-lingual interface and multi-device compatibility allows people with minimal training to experience banking seamlessly.
Comprehensive Agent Management: BankFlex Agent Banking allows the banks to set up, oversee, and manage multiple agent types and networks, while providing support to ensure channel efficiency.
Monitor agent activities: The banks can remotely track agent performance and channel activity using comprehensive set of reports.
