Mobile phones have rapidly made inroads into every aspect of our daily lives, including banking. Thus, an integrated mobile commerce platform that connects directly to diverse financial services verticals like banking, SACCO, microfinance accounts, prepaid wallets, mobile wallets and credit cards to drive multiple transactions is a useful tool.
With ELMA, one can easily handle all tasks at one go. It is accessible on multiple channels –
- Mobile Application – This is availed on Android, IOS and Windows
- USSD Channel – This is a menu driven and network owned platform
Fund Transfers – Allows customer to move money from their accounts to other customers’ accounts, both retail (Person to Person (P2P) and corporate). We have connection to over 500 service providers in Africa, allowing the bank customers to make direct payments for –
- Bill Payments – Direct payments for water, electricity, data, airtime and pay-tv
- Merchant Payments – Payments for school fees, airline tickets, hotel bookings, insurance premiums, churches, rent, retail chains, restaurants, transport, events payments, government payments, amongst others
- Mobile Wallet Payments – Peer to peer payments, payments to businesses, bank to mobile wallet payments and mobile wallet payments to bank (P2P/B2B/C2B/B2C)
New age tech solutions for the mobile customer
Benefits to Customers
Alternate Channel for customers to do end-to-end banking on the go
Low cost due to increased automation
Customer can bank from any part of the world through the App
All payments can be availed on one platform
Benefits to Bank
Cost saving due to less efforts on manual operations, more focus on strategy and performance
24/7 support center for all our esteemed customers
Increased revenue through non-interest income (transactional income)
Promotes the banks digital banking initiatives, whilst maintaining international security standards
Craft Silicon’s range of solutions supported the digital transformation for the SACCO by reconciliations, receipting and interbank transfers among the operations that the system has automated.
Craft Silicon is a mobile banking provider for NCBA, providing the bank with a mobile application on both APP and USSD. We are happy and satisfied with the continued business support we have received and continue to receive from Craft Silicon.
Craft Silicon has been the solution provider of Women Enterprise Fund for both Core Banking Solution and Mobile Banking solution. We are happy with the level of support that we receive and how the solutions help us in our day to day operations.
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.