IDBI Intech - Mobile Banking Solution


Published on

Mobile Banking Solution from IDBI Intech Limited. Supports, IMPS, NEFT, SMS, and various other features.

Published in: Business, Economy & Finance
1 Like
  • Be the first to comment

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

IDBI Intech - Mobile Banking Solution

  1. 1. m-Remit: Mobile Banking SolutionPlease contact:Mr. Pramod Gosavi, +91 989 030
  2. 2. Why Mobile Banking? Mobile banking enables customers to carry out banking transaction from their mobile handsets from anywhere, at anytime. Looking beyond the obvious!
  3. 3. Business Benefits to Banks Reduced cost of servicing customers. Have a direct, positive impact to the bottom line. Improved customer satisfaction by offering the next generation alternative channel to banking. Tap in to value migration, acquire new customers, and retain existing ones. Increased market penetration. Number of mobile users in India is 852 million in June 2011 which is projected to become 1200 million by 2013, with an average adoption rate of 10 million users per month. Financial inclusivity. Bank the unbanked. Possibility to cross-sell with permission from customers. New product innovation that addresses the needs of the evolving value-zone of mobile banking customers. Looking beyond the obvious!
  4. 4. Benefits to Customer Improved customer convenience. Cuts down the time and cost to interact with banks. Customers can do their financial transactions from anywhere and anytime. Customers will be in control of managing their finance. Protects customers from fraudulent activities with instantaneous alerts and with real-time information access capabilities. Interbank Mobile Payment Service (IMPS) is supported by the solution. IMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones. Mobile banking through SMS offers a unsophisticated and simple approach to help customers realize mobile banking benefits. Looking beyond the obvious!
  5. 5. m-Remit m-Remit Mobile Banking Solution comes in three flavors: 1. Browser based solution that runs on JAVA/GPRS enabled hand sets 2. SMS based solution for low value transactions 3. Thick-client based solution Looking beyond the obvious!
  6. 6. Customer Module Bill Payment  Register a Biller  Make Bill Payment  View Past payments  Delete a biller Accounts Fund Transfer Balance Inquiry  Registration of Beneficiary Mini Statement MMID Stop Cheque  Delete Registered Beneficiary Cheque Status  Make Payment (both registered Cheque book indenting & unregistered Beneficiary)  IMPS NEW Customer  NEFT  View Past Transactions  Generate M-PIN Looking beyond the obvious!
  7. 7. Administrator ModuleAdministrator Looking beyond the obvious!
  8. 8. Key features of m-Remit m-Remit is an NPCI compliant solution. Highly secure, fast and scalable. Uses ISO-8583 messaging standards and can interface with any Core Banking Solution. Offers instant inter-bank and intra-bank money transfer facility. Highly portable across wide range of mobile handsets. Looking beyond the obvious!
  9. 9. Success Story m-Remit was successfully tested and went live in IDBI Bank, 18th NPCI member to offer IMPS. Looking beyond the obvious!
  10. 10. Thank youPlease contact:Mr. Pramod Gosavi, +91 989 030