Mobile No used for Merchant:- 1111110294
MPIN Number is :- 1234
Micro-Banking Application is available for the Mechents/Subscriber/Agents / Retailers who can transact online for functionalities like, Creation of Subscribers, Cash IN, Cash OUT, Remittance (Send & Receive) and Balance Check (self).
Description is as below :-
Blance Check :- to check the balance.
Change the MPIN :- to change the secure PIN.
Create Subscriber Account
Cash IN / Cash OUT
Remittance (Send & Receive)
Functionality Descriptions are as below :-
This is the current balance of the subscriber as retrieved directly from the Bank using Estel Microbanking application
Subscribers can TOPUP their wallet by depositing cash to Banking Agents and in response, these agents transfer the respective amount from their wallets to the requesting subscriber.
Subscribers can withdraw cash from their wallet via Banking Agents. These agents can initiate transactions to transfer cash to their wallets and accordingly handover cash to the requesting subscriber
Unregistered subscribers can send money (remittance) to non-registered subscribers via Banking Agents by paying cash along with applicable fees. For Registered Subscribers transfer can be done using their Mobile numbers however, for non-registered subscribers either Name or Mobile Number can be used.
Recipient will receive a confirmation code (secret code) to be used at the time of receiving money. In case remittance via Name, Secret Code via SMS is sent to the Initiating Subscriber
Recipient upon receiving the intimation from the initiating subscriber goes to the nearest banking agent to receive money. The Agent verifies the identity of the recipient and initiates request to pay cash to the recipient.
PTOP is used to transfer fund between two registered subscriber
PTOM is used to transfer fund to a registered merchant.
Subscriber use Wallet TopUp feature to update their wallet by using the pin number on available on the scratch card.
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