Agent Banking M-wallet
NFC Paypal is a Mobile Money and Smart Agent solution facilitates affordable micro transactions. It is an easy way for the banks’ customers to send and receive payments without visiting the bank. Anyone with a registered mobile service can use this feature. It will enable banks to spread banking to remote regions. NFC Paypalcan be extended to provide Banking through a retail outlet, postal outlet or individuals contracted by a bank to process client transactions. It is a departure from the conventional brick and mortar branch based banking framework.The service supports –biometric, NFC card base & PIN base, payments interfaces on all wireless devices & multiple operating systems and can be implemented through any of these – POS Terminal, Mobile Phone, Laptop or Tablet in conjunction with external accessories.
1OMK offers Agent Banking solution for the banks to deploy Agents or Business Correspondents along with their mobile devices who can extend banking services in remote areas. Our product allows agents to hold real time limit account to carry out services such as mobile connection recharge and bill payments, besides providing basic customer registrations, cash in and cash out services, and loading and unloading funds into customers’ e-wallets. Additionally agents are also qualified to assist customers in executing their transactions.
Authorized agent can offer Customer on-boarding to customer to become Bank customers and issue cards to customers. Every Bank consumer gets a NFC card linked to their account so that they can use to transact across multiple channels including Cash-in and Cash-out at Agent or merchant establishments.