Agency Banking
Accessible banking
for the underbanked
Enhance financial access and connect communities via agents.
Features
A financial hub that is revolutionizing banking services beyond branches
Account Opening and Management
The platform streamlines customer onboarding. Agents input customer data, validate documents, ensure compliance, and initiate real-time account openings while maintaining security. The platform handles updates, balances, and compliance. The easy-to-access interface, verification checks, and integration streamline the process, contributing to financial inclusion and regulatory adherence.
Fund Transfers
Making seamless movement of funds between accounts easy. Agents can initiate transfers, perform real-time transactions, select source and destination accounts, and set transfer amounts with the consent of customers. The platform ensures security, integrates with backend systems, and offers transaction records, enhancing financial accessibility and control.
Cash Deposits and Withdrawals
MobiFin empowers agents to handle in-person transactions on behalf of customers. Agents can accept cash deposits, update account balances in real time, and process withdrawals securely. Moreover, this feature aligns with customers' savings goals. By enabling easy access to their accounts, it promotes a culture of financial prudence and empowers individuals to achieve their savings objectives.
Top-up and Bill Payment
The agent can handle other financial transactions like bill payments and top-ups from the Agency banking platform. An agent can accept payments for services, like electricity bills, and provide top-up services for mobile phones. For example, a customer can pay their water bill or taxes at an agent's location. This expands agents' service offerings and enhances customers' access to essential services.
Loan Applications and Payments
The platform gives power to agents to enable lending. They guide clients through loan applications, ensuring fast submissions. Moreover, agents enable seamless loan repayment processes, accepting payments and updating loan accounts promptly. Agents act as essential bridges between customers and financial institutions.
More Features
Seamless financial services for every
community
community
Account Statements and Alerts
Keep customers informed with SMS/email/whatsapp alerts and statements showcasing their account activities.
Biometric Authentication
Enhance security using fingerprints or facial recognition at the POS for customer verification.
Agent Performance Tracking
Tools for evaluating agent efficiency, guaranteeing top-notch service, and agent rewards.
Services over POS Devices
Empower agents with card-based transactions and payments using Point of Sale terminals.
Regulatory Compliance
Designed to meet country specific financial regulations and standards.
Security Measures
Ensure secure transactions and data integrity through authentication and encryption mechanisms.
