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BANKIT–Providing Seamless Banking and Digital Payment Solutions with Entrepreneurial Opportunities

More than 100 million Indian labours face the burden of the unorganised financial structure, where they are unaware of their rights to financial security and subjected to loss of money, negative assertion over money transactions and loss of daily wages.
Noida-based digital payment organisation , BANKIT is helping people who are excluded from the easy access to basic banking and financial services to enjoy the seamless experience of Banking and digital payment system. BANKIT not only helps people be a part of the cashless economy but also creates employment and entrepreneurial opportunities by appointing Agent business correspondents ensuring delivery of services to the end consumers. BANKIT agents help end consumers with quick money transfer to almost all banks in India through a convenient channel, where it’s safe, instant and easy money remittance service. Cash withdrawal facility from an account through AEPS is also available and makes BANKIT Outlets like a Mini ATM cum Bank branch.
These BANKIT outlets also provide BANKIT prepaid card solution which customers can use for their daily transactions such as shopping and making online/ POS payments. This way, even the unbanked user can enjoy the benefits of the plastic cards.
The company also provides APIs for all its services which are secured and ready-to-use plug-ins and can be used to make personalised B2B portals for corporate partners.
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