We are a global innovative fintech technology company offering various customizable solutions to expedite your banking and fintech business.
One platform for all your Fintech and Banking IT needs
HSB Infotech is built to handle the unique needs of your finance business. Whether you need to read scanned documents, verify KYC, create ewallet, or issue a digital wallet, HSB Infotech solutions comes handy.
Mobile Money/eWallet
Card Management
International Remittance
eKYC
Agency Banking
OCT
Flexible deployment models designed just for you!
Leverage our customized white-labelled fintech IT solutions are available in two models
License model
Get complete control and flexibility! Easily deploy the eWallet solution within your own infrastructure. Enjoy the benefits of a one-time licensing fee and customize the solution to your specific needs.
SaaS model
Get the SaaS version of the solution with a cloud-based wallet-as-a-service. Experience rapid implementation, automatic updates, and cost-efficient scalability, all with no infrastructure maintenance on your end.
Book a demo
Mobile Money/eWallet:
eWallets are appearing as a fast, secure, and easy payment mode employing multiple payment and multi-currency features. HSB Infotech provide an exceptional digital payment ecosystem, offering a wide array of features including peer-to-peer and peer-to-merchant transactions, effortless contactless payments, and convenient airtime recharges to enhance customer engagement and satisfaction.
Our ewallet simplifies the compliance due to fewer regulatory requirements. It facilitates seamless transactions directly from banks without the need to preload or maintain a balance in the wallet. The wallet also allows comes with various other benefits where the users can easily pay utility bills and top up airtime directly from their digital wallet apps. The concept of referrals and rewards can be offered to boost user engagement.
NFC & QR Code Payment
Near Field Communication (NFC) technology is transforming the world and for good reason and has become go-to choice for quick and secure transactions. With just a tap of a smartphone or card, payments are completed in seconds. This means shorter queues and happier customers. NFC uses advanced encryption and tokenization making it secured against fraud and data breaches. Most modern smartphones and cards come NFC-enabled which attracts more and more customers.
While NFC is making a major difference in the space, QR code payments are proving to be an omnipresent payment method which is universally accessible with a camera or scanner of any smartphone. QR codes are versatile as they can store additional information like loyalty points or promotional offers which adds value to each transaction.
Ensure compliant and secure digital wallet service with HSB Infotech
- PCI SSF compliant
- Strong authentication
- Face verification
- Biometric authentication
- Tokenization & encryption
- Periodic web pentesting
- Anomaly detection & prevention
- Advanced encryption algorithm
- Periodic SAST,DAST,SCA scans
- Straightforward authorization rules
Card Management
Simplify the intricate processes involved in issuing, activating, and managing prepaid cards with our intuitive and user-friendly platform, empowering users with greater control and accessibility.
In today’s cashless society, prepaid cards have emerged as a versatile financial tool, offering convenience and control for both individuals and businesses. However, with various types of prepaid cards available in the market, understanding the differences and selecting the right one can be a daunting task.
Types of Prepaid Cards
Closed Loop Prepaid Cards
Can be used at a specific merchant or merchant network. For example, a card issued by a gas station can only be used to purchase gas at that gas station.
Open Loop Prepaid Cards
Can be used anywhere that accepts major credit or debit cards. Includes online stores, in-store retailers, and ATMs.
Semi-open Loop Prepaid Cards
Offers a balance between the flexibility of open loop cards and the security of closed loop cards. They can be used at a wider variety of merchants than closed loop cards, but they are still subject to certain restrictions.
Use Cases and Examples of Closed Loop Prepaid Cards
- Retail-specific closed loop prepaid cards. Examples include popular department stores, fashion brands, and online marketplaces.
- Gift cards and loyalty programs.
- Transportation or toll payment cards.
Employee benefits.
Use Cases and Examples of Open Loop Prepaid Cards
- General Purpose Reloadable (GPR) prepaid cards – Manage personal finances, make purchases, and withdraw cash from ATMs.
- Payroll cards and government benefits cards.
Travel and foreign currency prepaid cards.
Use Cases and Examples of Semi-open Loop Prepaid Cards
|