Offer services to your existing customers
TransNet integrates to your existing issuing system, so that your existing customers can benefit from mobile services.
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Reach new markets with a low-cost platform
The stored value account is a low-risk alternative for financial institutions wanting to reach segments that don’t require a full account, such as migrant workers or the unbanked.
With a much reduced setup cost, the stored value account allows your Financial Institution to offer services to new markets and enables rapid time to market.
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Low-cost, low maintenance
The stored value account has a low setup cost, and with TransNet hosting and managing the accounts, it requires fewer resources.
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Offer payroll services to companies
Employers often have to pay salaries in cash, or process hundreds to thousands of checks.
Using TransNet for payroll benefits all involved:
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Companies can save time and money and reduce the inherent risks involved with handling cash
Workers can receive their salary via a secure method, and immediately send money to family or friends, or purchase products using the TransNet secure mobile payment system
Your Financial Institution is able to capitalize on significant new revenue streams
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Your customers benefit!
Previously your Financial Institution may have had to turn prospective customers away, due to low credit ratings. Now you can offer risk-free services to these customers, while giving them a great new service.
As well as getting access to banking services, these customers can use their TransNet accounts to:
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Send money to friends and family around the world
Receive their salary
Purchase products
Top-up pre-paid accounts
Cash out services (access to ATM's, teller services, etc...)
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