Solutions

Financial Inclusion & Payments

The same secure-hardware and smartcard competence, applied to reaching under-served customers — low-value, high-volume, often offline, always secure.

Micro-Finance

Micro-finance is administratively heavy and deals in very low-value transactions, so traditional technology rarely pays back. Our complete, practically-priced MFI solution is built on a ready framework we customise per customer. It combines a low-cost handheld terminal (dual-slot smartcard reader, GPRS modem, optional printer, Linux field applications), smartcards for customer identification and portable records, and a secure, high-availability MFI Transaction Server over SSL/TLS. Functional processes include customer enrolment with optional fingerprint minutiae, disbursal and collection data, loan disbursal and repayment collection, a mini-passbook on the card, and portable field-level card management — all with offline capture and delayed synchronisation for areas of poor connectivity.

Agency Banking

Agency (correspondent) banking lets authorised entities — retail outlets, NGOs, post offices — conduct banking on a bank's behalf, a model favoured for financial inclusion. Our portable, low-TCO solution reuses the MFI architecture and components, adding ISO 8583 messaging for standards-based integration with traditional bank networks.

P2P Remittance

Our P2P remittance solution lets individuals transfer and collect money internationally — immediate transfers, well suited to expat workers. Low-cost terminals at outlet centres (post offices, retail shops) exchange cryptographically-signed messages with a central server over secure links. Users hold smartcard identities for both sending and collecting; cards can be issued at outlets or ordered online. Features include server-side hotlisting of lost/stolen cards, web and on-card transaction history, SMS alerts on receipt, and scheme administration for exchange rates, commissions, fees, transfer limits, reporting and audit. Our smart-card ATM can optionally be integrated for automated cash disbursement.