P2P Fund Transfer
Mobile Wallet users can perform bill payments from utility bill payments, merchant payments to ticketing, tax, and insurance payments. The solution supports QR code, ID-based and card-based merchant payments. Your customers can also book tickets for a movie as well as air, rail and bus tickets.
Personal Finance Management
The mobile wallet app can be used for both domestic and international remittances via bank, Western Union or Money Gram, etc.
Through the mobile wallet solution, banks’ customers can perform the following activities:
- registration and Opening
- Balance Enquiry
- Mini Statement
- Cash Out (Agent / ATM / Branch etc.)
- Cash In (Linked Bank A/c, Credit / Debit Card)
In addition to the standard services, ModeFinServer’s wallet solution also provides rich financial services.
- Support for card-less withdrawal over ATM
- Micro Saving
- Micro Lending with full-fledged credit scoring
- Support for Card Reader, printing receipt and NFC
- Share, send, spend & tack money with friends from social media
- Integration of smart POS and mPOS to accept card transactions
A rich flexibility & feasibility at the back end to ensure that all the stockholders of the mobile commerce manage the system to meet country-specific compliances.
Reduced dependency on Middleware & Core Banking System.