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Rural and Financial Inclusion Card Acceptance


Indepay understands that better access to banking can support wider social inclusion, economic development and growth. Indepay believes that financial inclusion provides immense opportunities and is about realizing the potential in individuals and creating a market for the future.

Indepay provide acquiring infrastructure for Banks/NBFCs/Societies to issue no-frills, bank linked cards and credit/debit/prepaid cards for

  • Cash Deposits at Agent Locations / Bank Branches
  • Cash Withdrawals at Agent Locations / Bank Branches
  • Cash Withdrawals at partner banks’ ATM networks
  • Payments for goods and services at Banks/NBFCs/Societies franchisees/distributors with required infrastructure
  • Linking of all Bank/NBFC/Society customers and their products/purchases to single account giving the customer a single identity within the Bank/NBFC/Society framework
  • Payment for financial products such as loan EMIs, premium payments for insurance, daily deposits, savings, etc
  • Payment for non-financial goods and services such as Utility Bill payments, ticketing, recharges, etc
  • Wages/commissions disbursements for employees, agents

Customer to Business Electronic Payments

  • Accept credit/debit cards, Kisan cards, financial inclusion cards, SHG cards, etc for transactions
  • Real time transactions processing and settlement on T+1
  • Transactions acquired by Indepay Payment Switch obtaining authorization from necessary issuers of cards
  • No physical money movement

Benefits

  • Reduced cash handling
  • Minimize Collection time & costs
  • Reduce exposure to credit/ debit card fraud
  • End-to-end online payment solution for all types of services
  • Real time settlement between customers and merchants/dealers
  • Integrated system for end–to–end merchant acquiring, payment & settlement
  • Nationwide certified network and infrastructure connected to banks, financial institutions, etc
  • Enables acceptance of all types of card payments including credit/debit cards, Kisan Cards, Prepaid cards, etc
  • End point activity tracking - logging all transactions
  • Safe & secure way to move cash up the value chain
  • Lower Cost of providing Service

Submit your sales inquiry online and get a call back in as little as one day.

Need help? Visit Customer Support.

 
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