IndeOne Prepaid card is a trusted platform for banks, enterprises
and financial institutions to attract and retain high-value customers
through issuance of co-branded debit, wage cards, travel, gift
and loyalty cards. IndeOne service enables cardholders to load
and reload their prepaid cards at IndePay retail points as well
as participating Points-of-Sale (PoS) and partner banks' ATM network.
IndeOne Advantage
IndeOne, apart from use of physical card also
empowers anyone with a mobile phone to become a buyer of Indepay
Services as well as regular payment and remittance services
without using cash or credit or debit cards. Customers are issued
IndeOne cards, co-branded with financial institutions and retail
enterprises once they register themselves with Indepay and provide
the necessary documentation required to fulfil “Know Your
Customer” norms. Once a customer is successfully issued
an IndeOne Virtual card, he can load value into his IndeOne
account by transferring money from an existing bank account
or through cash at any Indepay outlet or partner banks, ATMs,
cash load points, online, etc.
Customers can carry out transactions at any
Indepay enabled merchant and pay for services by providing their
IndeOne registered mobile number. Customers receive an authorization
request on their mobile and enter their transaction PIN to authorize
the transaction. Once authorization is complete, the goods and
services are received by the customer.
IndeOne Proposition
IndeOne offers an end to end solution on its
ecosystem through issuance of co-branded, open loop and closed
loop cards and creating an acquiring platform for physical,
virtual, mobile cards. IndeOne enables acquiring of payment
transactions for electronic products like insurance, recharge,
ticketing, etc as well as for in-store physical inventory products
IndeOne offers a nationwide certified network
and infrastructure connected to banks, financial institutions,
etc for offering a host of payment services to retailers, merchants,
distribution houses, product organizations, etc
IndeOne’s value proposition is to convert
all based cash based transactions to electronic transactions
including transactions between customers and retailers, between
retailer and distributor and between distributors and their
pricipals
IndeOne also offers a bank linked electronic
cash management and real time transaction processing and settlement
engine for enabling transactions between merchants, distributors
and product/services organizations
