Genie-Branch is a teller-assisted, virtual branchless banking solution that can be deployed on-premise or on personal mobile devices. It extends the bank’s reach without the costly implementation of a brick-and-mortar setup.
Intercepting Distances > Scaling Operations
Scale your business with branchless banking. Reduce operational costs, raise your volume of transactions.
Provide opening accounts, cash withdrawals, deposits, bill payments, top-ups, fund transfers and more to provide convenience to your customers in a cost-efficient manner in remote areas with Genie-Branch.
Make Payments, Deposit and Withdraw Money, Transfer Funds Loans
AND REMOTE TRANSACTION
Deploys on-premise or on mobile devices of agents
Requires multiple authentication for stronger security
Identifies someone’s identity through physical human characteristics
Verifies the identity of the customer through a paperless Know Your Customer
Origination, Scoring, Disbursal, and Collections
Identifies the physical location of the agent’s device to prevent fraud
Safeguards transactions through an automatically generated One-Time Password
Extend the Bank’s Reach
Using the agents’ networks, the bank is able to extend their reach to wherever their customers may be.
Rep-assisted service at the customer’s doorstep, and customer and agent onboarding with eKYC capabilities.
Branchless banking does not require transactions to happen inside a bank branch.
Reduce Operational Costs
With branchless banking, a brick-and-mortar bank set up is no longer required because the bank has agents who bring the bank to the customers.
Distance is one of the barriers to financial inclusion, and this is because not everyone has access to a bank branch. With Genie-Branch, banking customers are served at their convenience via a banking agent. This affords financial institutions to extend their reach to the market in a low cost fashion.