Make Money with Domestic Money Remittance

The fast pace at which technology is advancing has made various sources of income to pop n the IT industry. Not only in the IT sector but even many of the industries like finance and medical are backed up by it. BANKIT is one of the most trusted Fintech company which gives the highest commission to its channel partners.

With the growing business needs and demands, we have come across the fast, convenient and hassle-free money transfer system. With the very revolutionary introduction of the digital wallet, the human has experienced the revolutionary change in the payment modes!

No doubt there have been many claims from the various famous and most well to do domestic money remittance India service providers. This makes it very necessary to mention the golden rules and terms that one could take benefit from using this service, as mentioned below.

Supports almost all of the banks
Enquire about the balance and get into the hassle-free experience of cash withdrawal.
Being the leader in online transaction technologies either application (or the web portal) and the app is available for the Retailers suing Android cell phones.
Count on it even when the need is to recharge the cell phone or the DTH(s). Any kind of ticket booking can be fueled by this service.

Any chance to share in the profit

Definitely! As a part of the revolutionized scheme, BANKIT calls Shop owners to partner with it. Under this scheme shop, owners can partner with BANKIT and act as the one-stop outlet. These, in turn, can help people to transfer money to their family as a part of the domestic money remittance service. This would gain shop owners the commission which definitely means that “extra income”.

June 19, 2019

Reasons and Benefits of Domestic Money Remittance

The need to send money to friends or family could arise any minute or one could need money to pay a bill or a sudden purchase. The standards of banking and eCommerce have risen with the rise in technology.

Domestic Money Remittance is possible within instances with interconnected central systems and high-speed processing systems. Money can be sent within seconds to any part of the world.

Domestic Money Remittance India is one of the most creative methods of transferring money to those who do not have a bank account or an ATM card either as well.

DMR is one of the easy methods of transferring money, which includes a couple of steps:

A person needs to visit a transfer agent, fill in the need form and pay the transfer fee. The agent will give the person a code that has to be shared with the beneficiary to allow the funds to be transferred. The beneficiary can always get his or her funds by showing a security code, by visiting any center.

Several transfer companies offer an SMS alert and status tracking amenities to help the sender and the receiver keep tabs on the transaction.

When does the need for domestic money remittance come into play?

Receiver needs the money transfer quickly
Beneficiary needs cash
Beneficiary doesn’t have a bank account
The sender doesn’t have the beneficiaries bank details
The location of the beneficiary is not fixed

Safety and security of domestic money remittances are delivered along with a lot of convivence through high speed transfers. It is one of the most preferred modes of transferring money.

May 30, 2019

BANKIT – Domestic Money Transfer & Remittance

Let’s admit that we all want to earn a great deal of money. But for shopkeepers, it has never been easy. However, now, we are here to change things for you.

If you, dear shopkeepers, make your shop a BANKIT outlet, you can start with your business of transferring money. People will come to your outlet and ask you to transfer money to their friends and family. Once you do that, you’ll get an attractive commission from us and in this way, you can earn some extra income. Isn’t this cool?

In a nutshell, you’ll get your share of money for every transaction that you make.

If you are thinking as to how it works, Domestic Money Transfer works exactly like how Mobile Recharges do. While one uses mobile numbers in the latter, Account numbers and IFSC codes are used in the former. The BANKIT portal has an easy and hassle-free access so there’s nothing much to care about.

Well, then what is it that you are waiting for? Give BANKIT a try and kick start your journey by earning cool cash while serving your customers.

Key Features

* Instant Money Transfer

* Convenient

* Instant confirmation to sender via SMS

* Safe transaction

* Money transfer with just one click

* Available across all banks and bank branches

* Transfer money through BANKIT portal

Key Benefits

* Cost effective

* Secure transaction

* Available 24*7*365

* Easy to use

Start your business with BANKIT and give your income an instant boost.

April 18, 2019

Domestic Money Remittance Service by BANKIT

BANKIT is a Business-to-Business organization that aims to provide ease of money transfer through its domestic money remittance services. Quick money transfer is the need of the hour for businesses. In spite of the ease of money transfer, some people still prefer using banks for their business transactions or remittances. This can also be attributed to the lack of awareness among people about domestic money transfer services. Online transfer of money is way quicker and hassle free and offers host of advantages. Here are a few:

The pace of money transfer is super quick and it can be done within minutes.
The websites or applications of domestic money remittance are easy to use and ensure secure transfer of money.
The websites are designed in a way to ensure that the financial data of the customers is fully secured.
Domestic money remittance companies are equipped with a team of experts who keep a track of the developments in the domain of online money transfer.
Online accounts ensure that the transaction history is saved.
No hidden fee is charged by the companies.

Services of domestic money remittance certify that money is transferred with a secured internet connection. Customers are not required to spend their precious hours in a bank in order to transfer their money within the country as it can be easily done through remittance services. Some companies try to extract money and commissions for money transfer and so it is important that you choose your services carefully.

April 2, 2019

Domestic Money Remittance

Domestic Money Remittance is a service which allows people living in one part of India to transfer money to a bank account anywhere in the country. The money is transferred using the Immediate Payments System (IMPS) or Unified Payments Interface (UPI). The money is transferred immediately to the Beneficiary’s Bank Account.

India has a population of 135 crore people living in different parts of the country. There are five metropolitan cities, hundreds of smaller cities and towns and thousands of villages. Many people from villages and towns migrate to larger cities and metros in search of jobs.They include labourers, technicians, helps, graduates and people with higher qualifications. Many of these people do not have a bank account or a smartphone, or they are unable to transfer money to their families instantaneously because of limited education.Furthermore, their family members may not have a bank account or access to an ATM.Payment systems such as the IMPS and UPI provide a seamless, secure and instantaneous transfer of funds to their families back home.

BANKIT is a leading service provider in this domain. BANKIT facilitates the transfer of money from the remitter to the beneficiary instantaneously and seamlessly. A person can transfer up to twenty-five thousand rupees per month, to the bank account of their family members or relatives using BANKIT. The beneficiary can withdraw the money immediately at the bank or through an ATM once the transfer is processed.

Benefits of BANKIT:

Seamless, Secure and Instantaneous transfer of money to any bank account in India.
Point of Presence in multiple cities, towns and villages.
Transaction limit of 10,000 rupees per person.
Monthly transaction limit of 25,000 rupees per person.
Facility to pay in cash at the Point of Presence.
Facility to withdraw cash at the Point of Presence.
Geographically spread throughout the length and breadth of India; even in remote villages.

Low transaction costs.

March 19, 2019

BANKIT–Providing Seamless Banking and Digital Payment Solutions with Entrepreneurial Opportunities

More than 100 million Indian labours face the burden of the unorganised financial structure, where they are unaware of their rights to financial security and subjected to loss of money, negative assertion over money transactions and loss of daily wages.

Noida-based digital payment organisation , BANKIT is helping people who are excluded from the easy access to basic banking and financial services to enjoy the seamless experience of Banking and digital payment system. BANKIT not only helps people be a part of the cashless economy but also creates employment and entrepreneurial opportunities by appointing Agent business correspondents ensuring delivery of services to the end consumers. BANKIT agents help end consumers with quick money transfer to almost all banks in India through a convenient channel, where it’s safe, instant and easy money remittance service. Cash withdrawal facility from an account through AEPS is also available and makes BANKIT Outlets like a Mini ATM cum Bank branch.

These BANKIT outlets also provide BANKIT prepaid card solution which customers can use for their daily transactions such as shopping and making online/ POS payments. This way, even the unbanked user can enjoy the benefits of the plastic cards.

The company also provides APIs for all its services which are secured and ready-to-use plug-ins and can be used to make personalised B2B portals for corporate partners.

Source: https://bfsi.eletsonline.com/bankit-providing-seamless-banking-and-digital-payment-solutions-with-entrepreneurial-opportunities/

February 27, 2019

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February 5, 2019

AePS Services at BANKIT

Cashless Transactions have changed the way Indians transact today. Right from bill payments to money transfer, almost all kinds of transactions today are done via handheld devices. We at BANKIT pride ourselves as the facilitators of this extremely smooth and convenient system of sending and receiving money.

Facilitating Aadhaar Enabled Payment System (AEPS) is one of our key domains of expertise. We are the business correspondents to many banks and we facilitate online inter-operable financial transaction at PoS (Micro ATM) using the Aadhaar authentication. We primarily work with entrepreneurs to set up a fast, convenient and easy to use PoS system which allows the customers to make cashless payments every time they buy a product or sign up for a service.

Why should businesses opt for AEPS services from BANKIT?

We as AePS facilitators enable businesses to accept cashless transactions in the most seamless manner. And, all a business unit would need to start accepting AePS payments is a Micro ATM wherein the customers can key in the Aadhaar number and fingerprint captured at the time of the Aadhaar enrollment.

This system of cashless payments is highly appreciated and accepted by all kinds of customers as it gives them the freedom from carrying cash. Also, with the AePS system even people who are illiterate get the freedom from carrying cash as all they would need to make payments is the Aadhaar number and no ATM cards or cheques.

Moreover, with the AePS system in place, businesses can assure the customers of maintaining complete confidentiality of their financial information as they do not need to give any information like bank pins or IFSC code to make the payments.

In today’s digital age, the success of a business largely depends on the speed and security of the transactions and we as an AePs Services Company ensure that you get that competitive edge over others with ease of transactions.

January 29, 2019

AePS Services at BANKIT

Facilitating Aadhaar Enabled Payment System (AEPS) is one of our key domains of expertise. We are the business correspondents to many banks and we facilitate online interoperable financial transaction at PoS (Micro ATM) using the Aadhaar authentication. We primarily work with entrepreneurs to set up a fast, convenient and easy to use PoS system which allows the customers to make cashless payments every time they buy a product or sign up for a service.