MBANX TIPS (Tea Integrated Payment System) is a technology platform from SYNAPSYS that is stream lined and scalable to integrate tea small holders, factories and financial institutions while providing a superior level of service to a vital segment of the industry.

1. Intro with Image

2. Synapsys Intro
SYNAPSYS is a dynamic and innovative
technology firm with an array of products
and services supporting Banks, Capital
Markets, Insurance and Retail Payments
across Asia.
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3. Sri Lankan Tea Industry
Tea Small holders produce 73% of the tea production in Sri Lanka
73%
27%
Tea Small Holders
Others
Tea Small holder farming supports
 Livelihood of 400,000 families
 Population of approx 2mn (10% of Sri Lanka)
 Employs approx. 500,000 people
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4. Customer & District – SL Map
Rathnapura 97984
Galle 90524
matara 67613
kalutara 38263
kandy 30747
badulla 29679
kegalle 19637
N Eliya 17547
Hambanthota 2533
Matale 1408
Monaragala 637
Colombo 491
Kurunagala 151
Gampaha 9
 65% of tea small-holders come from Rathnapura, Galle and Matara districts.
 40% of the above population is catered through the TIPS system.
 Currently, Synapsys is working with KDU group, Evergreen group and Andaradeniya Group
to serve the above population
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5. Problem
Small tea holders Industry Government
Price instability for the
quality of tea supplied
Gradual decline in the
quality of tea supplied
Decrease in consumption
and prices offered for Sri
Lankan tea in traditional
markets
Lack of assurance in
weighing process
Lack of transparency in the
weighing process
Declining quality of tea
exported
Delayed payments for the
leaves supplied
Lack of low cost payment
channels to serve the
unbanked community
Difficulty in implementing
government regulations and
policies
Not served by traditional
banking channels
(unbanked & under-banked)
Narrowing profit margins
Labour shortage Low rate of investment in
technology
Adverse weather conditions
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6. TEA SECTOR
Securing the Tea Small Holder
 Best Price for the quality of leaf purchased
 Correct and transparent weighing process
 Efficient payments
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7. Current Process
Refer Paper
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8. MBANX TIPS - The Solution
MBANX TIPS is a technology platform that is streamlined and scalable to integrate
tea small holders, factories and financial institutions while providing a superior
level of service to a vital segment of the industry.
AUTOMATION OF TEA LEAF WEIGHING &
COLLECTION
MOBILE ENABLED ADVANCE PAYMENTS FOR
SUPPLIERS
ATM PAYMENTS
REQUESTS FOR GOODS AND SERVICES
Tea Small
Holders
Financial
Institutions
Factories
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9. System Functionalities
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11. Solution Overview
Refer Paper
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12. Security
 System hosted at industry grade data center at Sri Lankan Telecom with backup and
Disaster recovery solution in place
 Mobile application secured using 3 levels of authentication
User credentials,
 Mobile device ID
 SIM No..
 Tokenisation is used for communicating transaction and client information between
systems
 Due to integration of the system with the banking system same procedures are used
for Know your customer, PIN and Card security
 Systems are integrated using secure VPN connections and ISO standard interfaces
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13. Industry Awards
 Asia Pacific Entrepreneurship Award
 World Quality Commitment Award – Paris
 Socrates Award - UK
 NBQSA e-Society & e-Community
 Nominated APAC - ICT Awards (Taipei) in December
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14. Why MBANX TIPS
 Pioneers in the use of such technology in this industry (NFC, RFID, Blue-Tooth etc) in
one solution.
 Total Integrated solution linking Small Holders, Factories and Banks – REAL TIME
 Engineered to be used by multiple entities and multiple industries.
 We are not the first to try it but we are the first to get it right!
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16. Intro with Image