modefinserver mcheque_capability

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© ModeFinServer| Money on Demand Your Mode of Payment

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Page 1: ModefinServer mcheque_capability

© ModeFinServer| Money on Demand – Your Mode of Payment

Page 2: ModefinServer mcheque_capability

© ModeFinServer| Money on Demand – Your Mode of Payment

Introduction

As a part of ModeFinServer’s Mobile Banking Solution, MFS has developed Cheque Deposit Module through Smart Mobiles which provides facility to Deposit cheque right away using the camera on your mobile device and the Mobile Banking App.

This Module is trying to Answer Why Customer should drive to the bank when they can deposit cheque using smart phone ? Just snap a picture of the front and back of your endorsed cheque with your smart phone and send it using the Mobile Banking Application. It's fast and secure.

Page 3: ModefinServer mcheque_capability

© ModeFinServer| Money on Demand – Your Mode of Payment

Simple Transaction Steps

Step 1: o Customer Login to Mobile Banking Application & Selects the Cheque Deposit Service

Step 2: o Selects the Account for which you want to Deposit Cheque into & Enters Amount

Step 3: o Photograph Front Side and Back Side of Cheque

Step 4: o Verify the Cheque & Submit the Details

Step 5: o Maker and Checker at Backend will approve and Transaction will pass automatically for

Debit and Credit

Page 4: ModefinServer mcheque_capability

© ModeFinServer| Money on Demand – Your Mode of Payment

Benefits

Benefits for Financial Institutions (Banks)

o Easy to set up & part of Mobile Banking Application

o Cost effective

o Secure

o Flexible

Benefits for Bank Customers

o 24/7 Advantage

o Save Time

o Safe and secure

Page 5: ModefinServer mcheque_capability

© ModeFinServer| Money on Demand – Your Mode of Payment

© ModeFinServer | www.modefinserver.com India | Kenya | Bahrain

#269, 8th Main, Rajiv Gandhi Nagar, Nandini Layout, Bangalore – 560096 Tel: +91 80 2318 6383 email: [email protected]

Your search for excellence in mCommerce and mPayment technology ends here.

[email protected]

For more details, contact ModeFinServer Team

https://www.facebook.com/ModeFinServer

https://www.linkedin.com/company/modefinserver-private-limited

https://twitter.com/modefinserver