Brand | |
Launched in | |
Status |
Active Register/Log In |
Launch |
2006 Register/Log In |
Importance |
Very High Register/Log In |
Traction |
Very High Upgrade to Bronze |
Evaluation | |
Account Type |
Cash Register/Log In |
Business Model | |
Class |
Send | Services | Receive | ||||
---|---|---|---|---|---|---|
Mobile |
Cash Wallet |
AT CICO MFI |
Cash Wallet |
Mobile |
Model |
non-bank based Upgrade to Bronze |
Who Leads? |
third party led Upgrade to Bronze |
Reach |
National Upgrade to Bronze |
Active Users |
-- NA -- Upgrade to Bronze |
Registered Users |
72,754,616 Upgrade to Bronze |
Potential Mobile Market (m) |
953.100 Upgrade to Bronze |
Regulations |
Persona | |
Purpose | |
Active Services | |
Card Type |
None Register/Log In |
ServicesDescription |
Manage Customer enrollment and Card personalization.
For Government: FINO works with state and central governments for providing (EBT) Electronic Benefit Transfer for the implementation of various Government schemes including National Rural Employee Guarantee Scheme (NREGS) and Social Security Pensions (SSP) and Rashtriya Swasthya Bima Yojana.
FINO Third Party Services includes following kind of services - • Mobile Recharge • DTH Recharge • Railway Ticket Booking /Bus booking • Insurance Premium Collection • Utility Bill Payments (Mobile & electricity bills, municipal taxes) • SIM card connection selling
Health micro-insurance: Enables Insurance companies to reach out to customers at the bottom of the pyramid and serve their needs, while maintaining financial viability. As a key enabler and facilitator of financial inclusion, FINO claims to unlock a INR 45 billion potential micro-insurance market for health insurance companies
Technology: FINO solutions enable distribution of financial services in remote locations with minimum connectivity and infrastructure. The user entities can enroll customers in the field and issue smart cards as well, if required. |
Channels | |
Payment Instruments | |
Cash I/O Description | |
Cash I/O No Of Locations | |
Handsets | |
Technologies | |
Interoperability | |
RegistrationProcess |
Main Segment | Unbanked |
Segment Description |