Expand your reach in rural and remote areas through our agent banking platform that supports onboarding, transactions, and financial services via local agents.
What is Agent Banking?
Agent banking is a system where banks use third-party agents (usually small businesses or individuals) to provide banking services to customers, especially in areas where traditional bank branches are not available. Due to the process, the benefit is, instead of visiting a physical bank branch, customers can go to a local shop, kiosk, or agent to do basic banking activities.
Why Bank on Agent Banking from Fintech Point?
- Enables the Agent to offer end-to-end Banking services
- Low TCO, high benefit for agents and customers
- In-built features for fees, commission and incentives
- Software safeguards to mitigate risks such as cash theft or identity theft
- Self-care agency management portal gives complete control to the bank
- Bridges the digital divide and promotes financial inclusion
