Platform 02
Agency Banking Solutions
Bank services delivered through merchants, correspondents, retailers and MFIs — so customers can deposit, withdraw and pay where there is no branch.
- Positioning
- Extend the branch, without the branch.
- Capabilities
- 30
- Markets
- India · Africa · Middle East · Asia Pacific
Vision
To help banks digitally extend their branch network through merchants, business correspondents, retailers, MFIs, and agents.
Value proposition
Instead of opening expensive branches, banks can acquire customers and deliver banking services through a secure digital agency banking platform.
What's included
30 capabilities.
Agent Management
- Digital Agent Onboarding
- KYC
- Hierarchy Management
- Territory Management
Customer Services
- Cash Deposit
- Cash Withdrawal
- Domestic Remittance
- Bill Payments
- Merchant Payments
- Account Opening
- Loan Collections
- Insurance Distribution
- Government Benefit Distribution
- Pension Payments
Merchant Services
- QR Payments
- Soundbox Integration
- Settlement
- Merchant Dashboard
Risk Management
- Transaction Monitoring
- Fraud Detection
- Geo Tracking
- Agent Limits
- AML Monitoring
- Real-Time Alerts
Management Dashboard
- Live Transactions
- Revenue
- Agent Performance
- Customer Analytics
- Settlement Reports
- Commission Engine
Target markets
India
- Small Finance Banks
- Cooperative Banks
- NBFCs
- Regional Rural Banks
Africa
- Commercial Banks
- Microfinance Banks
- Digital Banks
- Mobile Money Operators
Middle East
- Islamic Banks
- Money Exchange Companies
- Digital Banks
- Fintechs
Asia Pacific
- Banks
- Payment Companies
- Rural Financial Institutions
What it changes
- Expand banking reach without branches
- Lower operating costs
- Increase deposits
- Improve financial inclusion
- Generate new revenue streams
- Launch in weeks instead of years
Commercial model
- Enterprise License
- Annual Maintenance Contract
- Implementation Fees
- Cloud Subscription
- Professional Services
- Custom Development
The other platform
Next step
Tell us the market and the segment.
Talk to our experts
hello@nexarafintech.com · +91 9971886999