Vayu Features
Vayu Agency Banking
Vayu Agency Banking is VSoft’s solution for agents who work under a Business Correspondents (BCs) model, and serve customers in rural areas where full-fledged banks cannot be set up because of a lack of infrastructure. Vayu has been developed to provide restricted administrative privileges to the agents. The agents can open savings accounts, sell insurance products, and much more for customers. By providing such privileges to agents, previously unreached populations can now be reached.
Greater Reach
Your bank can now provide services to customers in remote areas that lack formal financial services because Vayu has been designed for BCs who will be able to provide much-needed services to customers on behalf of your bank.
Local Knowledge
Vayu helps BCs who know their localities inside-out be even more efficient. By letting BCs store customer-specific remarks, Vayu allows BCs to remember their customers better and build stronger relationships with customers.
Doorstep Banking
Your customers won’t need to visit your Bank’s branches because your BCs can use Vayu on their smartphones and tablets to provide banking services to customers right at their doorsteps.
Strong Accountability
Vayu helps BCs have a 360-degree view of every customer so that your BCs can more easily and more proficiently determine the capacity of customers to responsibly use your Bank’s services.
Control Agency Privileges
As regulations change and as safety concerns arise, BCs may not be able to provide all of the banking services that bank branches can. Your bank can easily select which banking services your BCs can provide through the Vayu administration module.
Made for Easy Use
With Vayu, your BCs get a robust, lightweight, and easy-to-use solution so that your BCs can find and use the features that they need the most in as little time as possible.
Vayu
Benefits
More Financial Inclusion
Provide Doorstep Banking
More Customers Without More Branches
Explore more of VSoft’s PRODUCTS
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