Genie-Branch
Be Where
Your Customer
Needs You
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.
TRANSACTIONS
Make Payments, Deposit and Withdraw Money, Transfer Funds Loans
IN-BRANCH
AND REMOTE TRANSACTION
Deploys on-premise or on mobile devices of agents
MULTI-FACTOR AUTHENTICATION
Requires multiple authentication for stronger security
BIOMETRICS
Identifies someone’s identity through physical human characteristics
AGENT MANAGEMENT
Verifies the identity of the customer through a paperless Know Your Customer
SERVICES
Origination, Scoring, Disbursal, and Collections
GEO-TRACKING
Identifies the physical location of the agent’s device to prevent fraud
OTP
Safeguards transactions through an automatically generated One-Time Password
1.
Extend the Bank’s Reach
Using the agents’ networks, the bank is able to extend their reach to wherever their customers may be.
2.
Increase
Transaction Volumes
Rep-assisted service at the customer’s doorstep, and customer and agent onboarding with eKYC capabilities.
3.
Reduce Overcrowding
in Banks
Branchless banking does not require transactions to happen inside a bank branch.
4.
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.
Why Genie-Branch?
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.