Tag Archive for mahagram

Mahagram launches its “Branchless Banking” platform on Android POS

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mahagram is deploying its Micro ATM on its retail network of eGram Kendra. The Micro ATM will enable the consumer from any part of the country to go and withdraw cash from their accounts from nearby eGram Kendra or Mahagram Outlets. These Micro ATM are built on an Android POS and will also have value- added services, not only limited to Aadhaar, PAN Card, Utility bills and so on, placing the bar higher for the next generation of mobile payments. One can transact both indoor and outdoor effortlessly while managing inventory, payment, reports and analysis and customer engagement activities.

The peculiarity of Android POS is the outcome of integrating key-edge hardware functionality with the Android Operating System, which assists the merchants/business owners to use the device like a Smartphone filled with scalable banking, finance and eGovernance apps. Read more

Mahagram will deploy 100k Aadhaar ATMs across India

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mahagram India’s leading Business Correspondent will deploy over 100000 Aadhaar ATMs and BC outlets across India. This initiative will be one of such moment in the digital empowerment of the Indian rural sector, which is also a part of the PM Digital India Initiative.

Aadhaar Enabled Payment System or AEPS is a payment service developed by the National Payments Corporation of India (NPCI) allowing banks, financial institutions to use “Aadhaar” number and online UIDAI authentication for transactions through their respective Business correspondent service centers. AEPS, a new age banking service has been approved by the Reserve Bank of India (RBI). The AEPS allows transaction using Aadhaar and biometric authentication and enables a person to carry out multiple financial transactions on a micro-ATM provided by a banking correspondent. AEPS enables an Aadhaar holder to avail of banking services through real time Aadhaar authentication. Read more

Mahagram ties up with Thane Janta Sahakari Bank Ltd. for BHARAT BILL PAYMENT SYSTEM (BBPS)

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mahagram is Agent Institution (AI) registered on NPCI’s BBPS platform under TJSB bank (BBPOU) and a rising fintech company of the country focusing on financial inclusion & assisted ecommerce and banking, has successfully tied up with Thane Janta Sahakari Bank Ltd. for Bharat Bill Payment System (BBPS). The company has announced it after amalgamating its payment services with the Bharat Bill Payment System (BBPS) monitored by National Payment Corporation (NPCI). Mahagram has a digital financial services platform known as “eGramTM” that has brought a payment revolution by delivering an integrated range of services on a robust transaction platform. Aiming at BBPS,Mahagram is trying to resolve difficulties by assisting in a number of services to people’s doorsteps. Like digital payment industry it offers services to help India go cashless. Read more