Download Report

PROMOT Mobile Banking®
Money transfer software by mobile phone
8 rue M’Pokolo, Petit séminaire St Gabriel, Brazzaville, Congo
Tél. : +242 06 892 47 47, +242 05 579 89 82
Email : info@prestadesk.com Website : www.prestadesk.com Skype : prestadesk
PROMOT Mobile Banking: Money transfer software by mobile phone.
PROMOT Mobile Banking is a money transfer software by mobile phone that comes later with PROMOT (Internet
money transfer software) and PROMOT Mobile (money transfer software to connect remittances and Microfinance
via GSM mobile networks, money transfer software by SMS).
PROMOT Mobile Banking, money transfer software via mobile phone, is an advanced platform for setting up a
comprehensive system of mobile banking (banking by mobile phone) for remittance business and Microfinance.
PROMOT Mobile Banking works with the same principles as services such as M-Pesa®, MTN Mobile Money®, Airtel
Money® and Orange Money®.*
PROMOT Mobile Banking works with all mobile phone models (classic, Android, iOS iPhone, BlackBerry, Windows
Mobile ...) and with all mobile phone operators while the solutions mentioned above will only work with their
respective mobile phone operators.
PROMOT Mobile Banking now offers to remittances and Microfinance agencies the opportunity to diversify their
products and services with the establishment of money transfer operations by mobile phone and compete well with
mobile phone operators which monopolize mobile money transfer market. According to estimates, the market of
mobile money transfers (mobile banking) in Africa is valued more than $ 20 billion in 2015.
I.
1.
How does it work in practice?
Your customer wishing to make mobile money transfers, can contact one of your agents to open his mobile
banking account by providing its identity and contact information.
2. Once the account is activated, PROMOT Mobile Banking (money transfer software for mobile phone)
transmits a SMS for account opening confirmation.
3. At the opening of the account, PROMOT Mobile Banking assigned a default password to customer’s
account.
4. At this stage, before the first transaction, ask your client to change their password directly via his mobile
phone. When the transaction is completed, PROMOT Mobile Banking will confirm the success of this
operation by sending a SMS.
5. After changing the password, your customer makes a deposit of money in his account in your branches
offices. The minimum deposit amount is not fixed in advance. An internal procedure could determine the
minimum amount to deposit to open the account.
6. Once the money deposited, PROMOT Mobile Banking transmits a deposit confirmation by SMS to mobile
phone number provided by the customer at the opening of his account.
7. From that point on, your customer can start using your money transfer services by mobile phone from his
own mobile phone.
8. The account is secure because all transactions are related to the customer's phone SIM card. No one else
can use the customer's account. Accounts passwords are encrypted and hidden.
9. Yours branches offices can connect to PROMOT Mobile Banking platform via an Internet connection.
II.
What types of operations yours customers can perform with PROMOT Mobile Banking ?
The services associated with PROMOT Mobile Banking platform are:
1.
2.
3.
4.
5.
6.
7.
8.
9.
Deposit and cash withdrawals,
Account balance consultation,
Person to person money transfer,
Money transfer cancellation,
Locked money transfer (when purchasing merchandise),
Password changing,
Account locking (if mobile phone lost)
Bills payment (telephone, electricity, water),
Merchant payment (for all acceptors traders of PROMOT Mobile Banking).
III.
Examples of possible operations from the mobile phone:
1.
Perform a money transfer:
Compose an SMS in the following sequence:
505*RECEIEVER_MOBILE_PHONE_NUMBER*AMOUNT_TO_BE_TRANSFERRED*PIN_CODE
Send the SMS to the service mobile phone number. As for the demo: +242064676738 (in practice this
number will depend on your setup and your country).
Once the transmitted message PROMOT Mobile Banking (money transfer software for mobile phone)
performs all security account verification for operations where appropriate and activates the money transfer
and proceeds to billing of this operation. The Sender and the Recipient will receive a SMS for confirmation
(OK or Failed).
2. Perform a locked money transfer:
The locked money transfer operation is to make a money transfer the sender cannot cancel in any case. Only
the recipient can apply for its cancellation in agency. This option has been put in place to enable commercial
transactions via Mobile Banking PORMOT (money transfer software for mobile phone) and to prevent fraud
through this service.
Compose an SMS in the following sequence:
805*RECEIEVER_MOBILE_PHONE_NUMBER*AMOUNT_TO_BE_TRANSFERRED*PIN_CODE
Send the SMS to the service mobile phone number. As for the demo: +242064676738 (in practice this
number will depend on your setup and your country).
Once the transmitted message PROMOT Mobile Banking (money transfer software for mobile phone)
performs all security account verification for operations where appropriate and activates the locked money
transfer and proceeds to billing of this operation. The Sender and the Recipient will receive a SMS for
confirmation (OK or Failed).
3. Cancel a money transfer:
The customer may cancel a money transfer if it has not yet been paid to the recipient. Once a money
transfer was actually received by the recipient, it is impossible to pay again or cancel. So if the recipient has
not yet withdrawn money in agency, the Sender can still proceed with the cancellation of his money
transfer.
Compose an SMS in the following sequence:
405*RECEIEVER_MOBILE_PHONE_NUMBER*AMOUNT_TO_BE_TRANSFERRED*PIN_CODE
Send the SMS to the service mobile phone number. As for the demo: +242064676738 (in practice this
number will depend on your setup and your country).
Once the transmitted message PROMOT Mobile Banking (money transfer software for mobile phone)
performs all security account verification operations where appropriate and then cancels the concerned
money transfer and proceeds to billing operation. The Sender and the Recipient receive a SMS for
confirmation (OK or Failed).
4. Consult the account balance:
Your customers can also at any time check the balance of their accounts to know their situations.
Compose an SMS in the following sequence:
605*MOBILE_PHONE_NUMBER*BALANCE*PIN_CODE
It must indeed compose this message in this sequence with the “BALANCE” keyword (or Balance or
balance).
Send the SMS to the service mobile phone number. As for the demo: +242064676738 (in practice this
number will depend on your setup and your country).
Once the transmitted message PROMOT Mobile Banking (money transfer software for mobile phone)
performs all security account verification where appropriate then sends a SMS to the Sender with the
current account balance and proceeds the billing of the operation.
5. Cash withdrawal:
Recipient of money transfer moves into one of your branches to make a cash withdrawal by presenting the
money transfer code (MTC) and by completing a proper form.
Once the transaction validated by the customer service agent, PROMOT Mobile Banking performs all
security account verification where appropriate then sends a confirmation SMS to the Sender and the
Recipient as proof of cash withdrawal.
IV.
Other important information:
The fees of the different operations (money transfers, money transfer cancellation, SMS notification, locked money
transfer, account balance request, account blocking, cash withdrawal...) are customizable from the administration
interface of PROMOT Mobile Banking money transfer software.
• User access to the application is secure.
• Access to modules and features is related to privileges granted to user groups, all privilege is based on the
functions of each user within your company.
• All transactions are traceable.
• All invoices are automatic.
All functions of PROMOT Mobile Banking are not discussed in this document. The money transfer software via
mobile phone, PROMOT Mobile Banking, is available in French and English.
V.
To perform demo of PROMOT Mobile Banking and request your quote:
To test and / or request a quote for PROMOT Mobile Banking (money transfer software for mobile phone, money
transfer software by SMS), thank you for contacting us:
PRESTADESK Informatique pour la Microfinance
8 rue M’Pokolo, Petit séminaire St Gabriel
Brazzaville, Congo
Mobile phone. : +242 06 892 47 47, +242 05 579 89 82
Email : info@prestadesk.com
Website : www.prestadesk.com
Skype : prestadesk
Follow-us: twitter.com/PRESTADESK
© 2015 PRESTADESK. All rights reserved. Author: LAMBI-BIDZIMOU Nadet. Rev. 02.
* M-Pesa®, MTN Mobile Money®, Airtel Money® and Orange Money® are registered trademarks of their respective owners. PROMOT Mobile
Banking® is owned by PRESTADESK.