Experience the Power of Anytime, Anywhere Banking
A path-breaking paradigm in the banking sector, mobile payments have opened up a wide range of possibilities for banking and online transactions. As a powerful customer channel, the mobile has opened up 24*7*365 access to bill payments, money transfers, temple donations and receipt of promotional offers. Banks and financial institutions (FI) look to ‘smartly’ leverage this capability to service their customers with a highly engaging experience.
FSS Mobile Pay provides a robust and well-integrated solution and product suite. Deploying a fast and secure mobile payment technology that is both operating system- and vendor-agnostic, Mobile Pay enables banks and FIs to address diverse mobile customers.
Delivering Tangible Benefits to Users and Service Providers
Used by 20+ banks, FSS Mobile Pay processes more than one million transactions per day for more than 4.3 million active users. Using existing communication networks and a completely automated workflow, Mobile Pay provides a friendly interface and a versatile range of state-of-the-art payment services – mBanking, Mobile payments, mCommerce and mVAS to name a few.
Operating System Agnostic
Users can install the solution on any mobile operating system – Android, IOS, Windows and Blackberry. This increases the rate of customer adoption.
Multiple Integration Modes
Mobile Pay is compatible with multiple communication modes – GPRS, SMS, USSD, WAP and IVR. It connects effortlessly with any backend system, thereby allowing banks to implement mobile banking with minimal alterations to existing systems. Mobile Pay is also compatible to be integrated with the other payment products like UPI, BBPS, Bharat QR etc.
Centralized Transaction Management
With real-time views banks can easily track and monitor transactions. Mobile Pay’s efficient two way and three-way reconciliation process helps banks address transaction disputes and settlement with speed and accuracy.
Dynamic Advertisement Campaign Management
Mobile Pay’s dynamic advertisement facility enhances banks’ ability to cross sell their products and services. It also offers white label services for FIs to promote their brand image.
Enhanced User Adoption
Mobile Pay’s wide range of banking and payment options (balance enquiry, statement generation, funds transfer, ticketing, cash-on-mobile, recharge, etc.) across multiple channels provides users an easy-to-use and platform-agnostic application. Its versatile support of all devices and operating systems helps banks achieve wider user adoption and increased revenues.
Mobile Pay’s NUUP-IMPS functionality allows banks to reach rural users through an affordable 24 x 7 electronic banking channel.
Using the mobile number as an instrument across delivery channels Mobile Pay helps banks widen their reach and provide banking services to the unbanked.
PCI-DSS and PA-DSS certified, Mobile Pay provides cutting-edge security features including the highly secure Racal model HSM for transaction authentication and authorization. Customers’ sensitive data is not stored anywhere, and comprehensive risk management processes eliminates fraudulent transactions.