| Financial Inclusion |
|
|
|
|
With the advent of newer technologies, now it has become possible for the banks to expand their operations in rural areas which are yet untouched by the banking services. To make it possible for the banks, Trust Systems is offering the TrustBank solution with POS / Smart Card Based technology.
|
|
| Benefits |
|
 | | The ability to reach out to a new set of customers who have so far been completely cut off from the services of a Bank without actually establishing a physical Branch. |
|
| | Elimination of any middlemen involved in the payment transaction which effectively prevented laundering of the payment amount. |
|
| | Biometric authentication to prevent fraud and duplication of the payment amount to the Beneficiaries. |
|
| | Empowerment of the people in rural areas. Microfinance is one way of fighting poverty in rural areas, where most of the world’s poorest people live. It puts credit, savings, insurance and other basic financial services within the reach of poor people. |
|
|
| Application Areas |
|
| | Banking & Financial Institutions |
|
| | Micro Finance Banks |
|
| | Financial Inclusion |
|
| | Rural Employee Guarantee scheme Payments |
|
| | Subsidy Payments to Farmers |
|
| | Retail operations |
|
|
| Features |
|
| | A well designed finger guide for the scanner |
|
| | Built-in Magnetic Swipe Card Reader, Smart Card Reader / Contact-less Reader |
|
| | Finger Print Scanner of ANSI and ISO formats |
|
| | GPRS Connectivity for Online Transactions posting OR Offline Batch posting |
|
| | 64K Smartcard which can store multiple fingerprints |
|
| | Compatible with contact OR contact less cards |
|
| | Linux operating system |
|
| | Display : 128 x 64 graphic FSTN LCD |
|
| | In-built Speaker for announcements |
|
|
|
|
|
