ModefinServer remittance solution_capability
- 1. © ModeFinServer | www.modefinserver.com India | Kenya | Bahrain ModeFinServer m-Remittance Solution
- 2. © ModeFinServer | www.modefinserver.com India | Kenya | Bahrain ModeFinServer Solution Overview Mobile Remittance platform will enables flexible remittance service offering enormous potential to open new business opportunities for banks. Your customers can send money securely and instantly from their comfort using mobile phones either: From their bank account to the receiver’s account, or, From their bank account to an unregistered customer, who collects the remittance in cash either at an authorized agent or, an ATM, or, Send cash via an authorized agent, with the recipient also collecting cash at an authorized agent, or, at an ATM The platform also supports an agent assisted remittance model wherein both sender and receiver may not have or use their mobile phones. These Remittance Agents make instant commissions, and their operation is fully managed by a feature advance Agent Management Module.
- 3. © ModeFinServer | www.modefinserver.com India | Kenya | Bahrain Eco-system
- 4. © ModeFinServer | www.modefinserver.com India | Kenya | Bahrain Remittance Features Remittance Features Person-to-Person domestic and international money transfer. Capture of necessary sender identification information to facilitate Regulatory compliance and reporting. Direct interfaces to OFAC, Anti-Money Laundering and internal Risk/Fraud engines. Storing of sending and receiving data to enable repetitive transactions. Receipt location summary information to assist agents and customers during initiation. Summary and Detail reports for transaction and fee revenue reporting. Multi-channel: agent (teller, call center), online banking, mobile. Fixed and variable fee commission structures to support multiple pricing models
- 5. © ModeFinServer | www.modefinserver.com India | Kenya | Bahrain Benefits RemittanceBenefits Funds can be transferred in real-time to enable quick and efficient receipt of funds in minutes Administrative tools to help manage the straight-through Flow of these remittance payments end-to-end Flexible connectivity options with multiple remittance Partners and banking networks – (Banks can partner with MFI’s , Exchange house & Post Offices etc.) Offers a broad array of payment methods for customer choices in receiving funds: cash, account, cards, etc. Operates in a global environment: cross-border, cross currency, multi-lingual, etc Expands the bank’s product set to reach a new and expanding customer demographic transactions
- 6. © ModeFinServer| Money on Demand – Your Mode of Payment© ModeFinServer | www.modefinserver.com India | Kenya | Bahrain #269, 8th Main, Rajiv Gandhi Nagar, Nandini Layout, Bangalore– 560096 Tel: +91 80 2318 6383 email: info@modefinserver.com Yoursearchfor excellencein mCommerceandmPaymenttechnologyendshere. sales@modefinserver.com Formoredetails,contactModeFinServerTeam https://www.facebook.com/ModeFinServer https://www.linkedin.com/company/modefinserver-private-limited https://twitter.com/modefinserver