The exchange of information, in Real Time is even more critical than before and provides distinct advantages such as -
- Elimination of errors and delays
- Takes off the Data entry load from Back-End.
- Improves Customer Care through instant authorization service activation or restoration
- Cuts down frauds and cash
- Accountability by the Minute, by the Rupee and soon by the location with integrated GPS
- Brings down cost of automation by over 70%
- Near Elimination of training needs or skill sets in employees to handle advanced functionalities
- Eliminates dependence on running Electrical Power supply
- Mobility to Point of Sales Terminal.
- Replacing costly Internet connectivity
All this at an effective cost of less than 50 paise per transaction
