Adarsh Credit Co-operative Society has deployed SAP Sybase 365 to support its mobile-led financial inclusion drives across India.
With SAP Sybase 365, Adarsh will now be able to offer customers a fast, easy and convenient way to conduct bank transactions in a secure, user-friendly, and cost-efficient application platform, SAP said.
Mobile-led financial inclusion represents a huge growth opportunity in developing economies like India. Optimizing the payment gateway through SAP Sybase 365 will assist them to meet the requirements of the underserved population.
Adarsh Credit Co-operative Society has an extensive branch network and reaches out to people in remote areas. They have traditionally played an important role in creating banking habits among the lower and middle-income groups and in strengthening the rural credit delivery system.
“With mobile banking providing convenience and flexibility to financial institutions, the cutting edge Sybase 365 technology, aims to deliver Adarsh a world class financial inclusion platform,” said Vikrant Chowdhary, director BFSI, SAP India.
Consumers today demand easier access to a broad array of financial services through new channels such as mobile. Sybase 365 technology and expertise augments mobile money services for all consumers including the unbanked and underbanked in developing markets, according to SAP.