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The evolving social and digital media platforms and highly innovative and relevant payment capabilities are causing seismic changes in consumer behaviour and creating equally disruptive opportunities for business.

- - Howard Schultz​

overview

The digital revolution is fast gaining traction in all global sectors of business. This has led to the proliferation of fintech, a synergistic, powerful combination, where technology serves as a catalyst in the provision of financial services.

Rapidly growing domains in the fintech industry include merchant-oriented services. The customer today is technology-savvy and looking for greater convenience in every interaction. Payment services, whether online or retail, must make it easy for every user.

Designed to deliver digitised, end-to-end solutions aimed at empowering business.These enterprises can make timely and informed decisions that allow them to meet their business objectives whilst providing them with an edge over the competition.

Merchant

Challenges in adopting merchant services

Lacks access to variety of payment options

Lack of business channels to interact with the merchant

Poor KYC processes without a proper structure of data storage

Inability to efficiently manage high volumes of transactions

Weak security protocols in payments with danger of data privacy violations and payment fraud incidents

Lack of round the clock, real time support in case of transaction failure

Unaffordable pricing with high margins

Manual processes in conducting business resulting to time wastage and creating room for human errors

Jump onto the fintech bandwagon, take your business to the next level

Future growth opportunities in merchant services, driven by digitalization

Global payment gateway (supports global card schemes, mobile money, bank payments)

Eradicates human errors and time wastage allowing the business to focus on driving its initiatives

End-to-end digitised customer facing solutions for onboarding and retention initiatives

Utilization of global security standards to enhance security in all transactions

Affordable/Competitive product pricing

24/7, 365 days support on all products

Comprehensive customer onboarding (KYC) solution

Proper structure of data storage for KYC processes

clients

Testimonials

For more than 5 years, Paramount Bank has worked with Craft Silicon to implement the most innovative ways to help with the banks day to day running and to help with efficient and effective ways for our customers to bank digitally. With this Craft Silicon has provided a full suite web based core banking system and channels system to cater for both retail and corporate customers. We are satisfied with the continued support accorded by Craft Silicon to ensure smooth business operations

Mandeep Kaur
Paramount Bank
IT
Paramount Bank

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clientele

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