Agency Banking
The Tracom Agency banking solution is a custom made to suit any bank requirements. The solution allows bank to extend their services through appointed agents.
Benefits
- Distributed reach at very low set up & running costs
- Access to cheap capital
- Cost saving: no need to set up brick n mortar branches
- Additional revenue
Branch And Agency Application
- Cash Withdrawal
- Cash Deposit
- Funds Transfer
- Account Opening
- Utility Bills Payment - Water, Electricity, DSTV, StarTimes
- Statutory Payments - iTax, NSSF, NHIF School Fees Payment
- Mini statement issuance
- School Fees Payment
- Balance Enquiry
- PIN Change
- Agent Reports
- Local Taxes, Cess, Fines, Fees etc. Card based - Money Transfers
- Account to account Card-less Money transfers
- Customer to None customer payments
- Non customer to None customer payments
- Full and partial withdrawal for non customers
Retail
- Purchase
- Purchase With Cash-back
- Cash Advance
- Balance Enquiry
- e key with remote loading
- Pre auth
- Completion
Media
- Proprietary magstripe
- Proprietary smart card
- IPS standards based cards
- Local switching e.g. k / R / M switch
- Cardless
- Virtual cards
- NFC