Payment Methods Available E-Wallet, Mode Of Service Online Digital Wallet Services, Brand PayU

Banks today need to find economical and flexible solutions to address new customer segments of the bank. This includes the capability to onboard and service the under, Banked or non, Banked population, Students, Younger children who you intend to introduce to the banking system and more. For many banks, Their current traditional core systems do not provide a cost structure or flexibility to address these customer account needs. Innovative payment solution for customers the tagit digital wallet is rooted in our virtual accounting system which provides a low, Cost platform alongside of a feature rich set of capabilities. Delivering a state, Of, The, Art digital wallet requires both a robust ui experience and a flexible, Parameter driven, Back, End system to address fees, Limits, Funding sources, Channel control and others. Mobeix digital wallet services flexible account definitions the system provides the ability to accounts with, Support multi, Currency accounts specific rules for channel access i. E. Can t withdraw from the account using atm and flexible funding sources. As an example, Accounts could be defined for families with children for managing allowances. Robust parameters the system supports a robust range of capabilities for defining how accounts and transactions are managed. This limits monitoring, Includes flexible fee structures, Including support channel and, For a transaction definitions wide range of payments. Commercial applications the tagit the solution is able to additionally can serve to define ewallet accounts that is suitable intended for application in commercial applications. Ewallet accounts can be used to assist in a bank s agent network or can be used to support a commercial application for removing cash, Delivery drivers away from the system. Loyalty and rewards the ewallet accounting system also support reward accounts. These accounts may serve as associated with such as, Merchant promotions double points during a defined length of time of the system, Purchase. Furthermore provides the ability to monetize the rewards into purchases or convert points to value, Based on a collection of rules. Auto, Funding the the system may function as defined to confirm that the default funding source can be used to top up the wallet account in real, Time. As if a, An example customer is using their ewallet to wrap the expenses for goods and their, Or services balance is not sufficient to cover in real, The purchase, Time, The account can be funded to cover the payment transaction. Robust user experience the digital wallet solution is supported by our mobeix digital engagement platform which provides for a rich customer interaction with the mobile app that provides availability of a customer s digital account. User account and financial transactions inquiries, Top, Up sources, Bill payments, P2p payments are a sample of what our solution supports.