Value Added Solutions

Insight is a complete end to end merchant management solution for an augmented ROI and increased overall productivity and efficiency.

Insight is a scalable application platform and addresses the growth and dynamic changes of the business requirements. The solution is designed on N Tier architecture, separating the business logic and the database thereby minimizing the impact of technology and requirement changes.

Key Benefits

All the business process are automated and optimized
Increased Productivity and efficiency
Preserve investments of existing systems
Great Reduction of man power involved in multiple system data entry
Increased accuracy of data
Quick and easily accessible updated MIS
No islands of Information

Informed decision-making is the key to survival in this age of global competition. From the executive who makes strategic decisions to business users making tactical and operational decisions, people need accurate and timely information to make right choices. Across the enterprise, users want information that is specific to their needs. Traditional information systems cannot accommodate such varied demands.

Dynamyx is designed to present, valuate and analyze business initiatives and performances. The decision – makers can get a better understanding of business dynamics, focus better by getting to the depth of information, as a tactical, operation or a strategic executive and drastically reduce generation and distribution of paper MIS reports.

Insta Buy

• Enables EMI payments at POS (Retail counter)for Credit card holders

• Support for multiple EMI schemes - 3, 6, 8, 12,18, 24 months

• Computes Interest calculation and EMI amount at POS level as per bank provided rates.

• Very useful during festive season promotions

Reverse PoS

A unique way designed by VI for ensuring that the credits hit the designated account immediately is the reverse PoS which leverages the existing PoS and does the exact opposite of a debit transaction.

The Customer can walk into any Bank branch which is equipped with a POS machine, and credit his card account by swiping his prepaid / Credit card on the EDC machine and paying the Branch personnel the amount to be reloaded / credited into the account.
This ensures that the credit is sent to the account almost instantaneously and the transaction is absolutely secure.
Since a large number of Bank branches are already enabled with the EDC machine, they automatically become a point of loading using Reverse POS.
This is useful at rural branch locations where in Internet facility is not available.

One-View

OneView is an effective tool developed by Venture Infotek as a value added and supportive proposition to its credit card issuance clients, where the services of credit card host maintenance and transaction authorization have been provided by Venture Infotek.

It is a secured online web based application and can be accessed by an authorized user, connected with internet, from any location. Each authorized user would be given user ID and password for accessing ‘OneView'

Key benefits:-

• Single source of card data:

• Greater monitoring tool

• Improved customer service

• Supports recovery efforts of operational units

ePurse Campus Solutions

Campus for Education Institutions

Campus Dual Card Process can be used in a Campus environment, such as a Student ID program. The students would be issued smart cards, which would contain information about the student such as course details, personal information, dormitory access, library access, food plan information, and parking and transit rights. All of this would be written to the chip on the Students Identity card

If the Student wanted to use the Library, the card would be presented for access. If the Student wanted to check out books to read in his dorm room, that information would be written to the card. The Librarian would ask the Student to present his ID and she would be able to "write" the book numbers on the card by use of a Librarian Access card and the date they were due back to the Library. The Librarian does not have access to any other information contained on the student's card, only Library Info. The Student could then go to the Cafeteria for lunch. The Student would present the ID card to the Cafeteria personnel. The Cafeteria personnel would have a Food Plan Access card that could read the type of food plan the student was on and charge or not charge according to the rules of the food plan the student was on. Again, only Food Plan info could be read or written by the Cafeteria personnel.

Campus for Business & Industry:

Managing corporate catering and food service operations is a challenging business. Taking cash handling and manual reporting out of the equation is an excellent way to maximize efficiency. Campus provides a smart card based system for cashless point of sale and other transactions. The smart card payment solution provides a means of establishing increased efficiency and control in any company's food service operations.

Implementation of Campus solution reduces transaction times at both point-of-sale and vending machines. This encourages people to use on-site facilities and improves the perceived level of service for company employees and other patrons.

Benefits for organizations

• Employee satisfaction

• Increased revenue

• Accurate control of subsidies and discounts

• Improved cash flow

• Cashless payments

• Build customer loyalty

• Accurate centralized information management at the touch of a button

• Time & Attendance Tracking and Access Control

Microfinance Solutions

Microfin is a comprehensive smart card solution that helps in effective management of Microfinance & Para-banking by automating disbursements and payments. It provides information technology solutions to broaden and deepen the outreach and reduce the transaction cost and enhance the accuracy and flexibility of transactions related to micro-finance and livelihood support services. The said solution enables MFIs and Livelihood Promoting Organizations (LPOs) to grow fast and broaden the scope of offering.

The solution involves automating the entire manual process by issuing personalized smart card to each of the clients and HHD (Hand held terminal) to loan officers (Field officers). The smart card records transaction details for the Loans, Savings and Deposits.

Every time the transaction is concluded the information is stored both in Smart card and hand held terminal. At the end of each day, the transaction details stored in the terminal are transferred to respective head office central host via regional & branch offices, ensuring single point control of data. Customized MIS reports are available both at branch, Regional and Head office level.

Features:

Comprehensive portfolio management and accounting system FinancialAccounting (FA) and Management Information System (MIS) are integrated with each other
Multiple loan and saving products
Highly Configurable system

Attributes such as interest rate, processing fees, cash security, incidental charges etc are configurable

Offers large number of pre-designed reports
Web based reports module – can be accessed from anywhere
Data Import and Export from hand held devices
Complete tracking of transactions through audit trail facility
Integrated with Decision Supporting System
Caters to loan management, financial accounting and HR needs of a medium to large scale MFIs
Developed on Windows 2000 NOS

Backend: SQL / Oracle 9i, Front end: Forms 6i

Suitable for multi-location operations with consolidation options
Integrated with mobile computing technologies and Decision Supporting Systems (DSS)