Techno Brain | Mobile Banking
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Overview
Benefits
With seven billion mobile phone users (Source:International Telecommunication Union,May 2014), there are more mobile devices in the world than internet connections or bank accounts — which clearly marks m-commerce as the future of banking. Techno Brain’s Mobile Banking solutionprovides secure, real-time, mobile money transfer between individuals and institutions. For several years, banks have been able to reduce the processing costs of funds transfer via the online National Electronic Funds Transfer (NEFT) system. NEFT, however, processes transactions in batches rather than in real time. The Interbank Mobile Payment Service (IMPS), introduced in 2010, enables instant, 24x7, mobile fund transfers. Techno Brain has successfully implemented this solution in various banks and cooperatives.It is a tested product that meets central banks’ technical and functional requirements.The solution provides instant confirmations of credit and debit to sender and receiver, as well as instant or next-day reversal of transactions that cannot be completed. With the combination of mobile number and Mobile Money Identification Number (MMID), Techno Brain’s Mobile Banking solution prevent funds from being sent to an incorrect recipient.

  • Increases convenience and customer satisfaction
  • Provides a competitive edge through innovative mobile marketing and advertising features
  • Ensures a secure, scalable platform that helps increase loyalty, acquire new customers, and cross-sell products
  • Implements services swiftly and accurately
  • Accommodates numerous types of mobile devices, networks, channels, and transportation layers
  • Extends to merchant payments, financial inclusions, online purchases, bill payment, payment for topping up prepaid mobile accounts, and so forth

Learn More

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In focus
CONTACT

PO Box 57666-00200, Heritan House

Woodlands Road, Off Argwings Kodhek Road

Opposite DoD Headquarters

Nairobi

Tel: +254 738 770 186 / 734 770 187

Fax: +254 20 224 6186

info@technobraingroup.com