Mobile Banking Solution from IDBI Intech Limited. Supports, IMPS, NEFT, SMS, and various other features.

1. m-Remit: Mobile Banking Solution
Please contact:
Mr. Pramod Gosavi, +91 989 030 4884
gosavi.pramod@idbiintech.com

2. Why Mobile Banking?
Mobile banking enables customers to carry
out banking transaction from their mobile
handsets from anywhere, at anytime.
Looking beyond the obvious!

3. Business Benefits to Banks
 Reduced cost of servicing customers. Have a direct, positive impact to the
bottom line.
 Improved customer satisfaction by offering the next generation alternative
channel to banking. Tap in to value migration, acquire new customers, and
retain existing ones.
 Increased market penetration. Number of mobile users in India is 852
million in June 2011 which is projected to become 1200 million by 2013,
with an average adoption rate of 10 million users per month.
 Financial inclusivity. Bank the unbanked.
 Possibility to cross-sell with permission from customers. New product
innovation that addresses the needs of the evolving value-zone of mobile
banking customers.
Looking beyond the obvious!

4. Benefits to Customer
 Improved customer convenience. Cuts down the time and cost to interact
with banks. Customers can do their financial transactions from anywhere
and anytime.
 Customers will be in control of managing their finance.
 Protects customers from fraudulent activities with instantaneous alerts and
with real-time information access capabilities.
 Interbank Mobile Payment Service (IMPS) is supported by the solution.
IMPS offers an instant, 24X7, interbank electronic fund transfer service
through mobile phones.
 Mobile banking through SMS offers a unsophisticated and simple
approach to help customers realize mobile banking benefits.
Looking beyond the obvious!

5. m-Remit
 m-Remit Mobile Banking Solution comes in three flavors:
1. Browser based solution that runs on JAVA/GPRS enabled hand sets
2. SMS based solution for low value transactions
3. Thick-client based solution
Looking beyond the obvious!

6. Customer Module
Bill Payment
 Register a Biller
 Make Bill Payment
 View Past payments
 Delete a biller
Accounts Fund Transfer
 Balance Inquiry  Registration of Beneficiary
 Mini Statement MMID
 Stop Cheque  Delete Registered Beneficiary
 Cheque Status  Make Payment (both registered
 Cheque book indenting & unregistered Beneficiary)
 IMPS NEW
Customer  NEFT
 View Past Transactions
 Generate M-PIN
Looking beyond the obvious!

7. Administrator Module
Administrator
Looking beyond the obvious!

8. Key features of m-Remit
 m-Remit is an NPCI compliant solution.
 Highly secure, fast and scalable.
 Uses ISO-8583 messaging standards and can interface with any Core
Banking Solution.
 Offers instant inter-bank and intra-bank money transfer facility.
 Highly portable across wide range of mobile handsets.
Looking beyond the obvious!

9. Success Story
m-Remit was successfully tested
and went live in IDBI Bank, 18th
NPCI member to offer IMPS.
Looking beyond the obvious!

10. Thank you
Please contact:
Mr. Pramod Gosavi, +91 989 030 4884
gosavi.pramod@idbiintech.com