One of the tools for driving financial inclusion is agency banking. This is a means of providing limited banking and financial services through certified agents.
Agency banking enables the unbanked population to have access to financial services, thereby, fostering financial inclusion.
Some microfinance banks have adopted agency banking to make financial services readily available to everyone including those in remote areas. Agents can now open account, disburse micro loans, withdraw and deposit money for customers, hence, saving customers’ commuting time and reducing risk, particularly in remote places.
As microfinance banks embrace this 21st century banking system, a robust cloud-based, core banking solution would be required for a seamless process to drive financial inclusion.
Sysbanker EE , our robust, cloud implementable, web-based, mobile responsive core banking software for microfinance banking is the best tool to deploy for a smooth microfinance agency banking.
Kindly reach out to us today at Mira Technologies and let’s share how Sysbanker EE can help with your microfinance agency banking operations, in order to drive financial inclusion.
Sysbanker EE: your reliable partner in microfinance bank