FINO’s Tatkaal product rides on our proven solution of biometric authentication based Transaction processing system and provide a 100% safe, fast, electronic and convenient way to deliver remittances to the doorstep of beneficiaries in the remotest areas.
Fino-Tatkaal is the middle layer between the remitter and beneficiary, providing the geographical coverage, scalable technology platform and processing capabilities for remittance transactions.
It leverages Fino Card technology to provide a safe, quick, low cost, reliable service to customers.
Remittance Types
- Cash-to-Card: Remitter gives Cash or debits Bank account to send remittance to beneficiary holding a FINO card
- Card-to-Bank Account: Remitter holds a FINO Card and beneficiary has a normal Banking account
- Card-to-Card: Both remitter and beneficiary hold FINO Cards
Benefits
- FINO Tatkaal is fast, safe, and better value for money remittance channel
- It inherently encourages a savings habit in the beneficiary
- Due to Manual agent based collection and disbursal system, the timing can be adjusted to suit the convenience of both remitters and beneficiaries
- Remitter can keep depositing money into Beneficiary account as and when he has surplus, so this avoids need to carry cash around and wait to save a lump sum.
- Wide network of FINO enables the customer to access the services in seamless manner even if he moves to different parts of the city or country
FINO-Tatkaal will provide a very convenient, cost-effective and quick remittance delivery option to customers, with the features that are even better that those available to the Banked segment. |