Tech mahindra
Tech mahindra

Branchless Banking Solution (Saral Dhan/Eazy Money)


Solution Overview:

Eazy Money is an Agency Banking solution designed to increase penetration of basic banking services(savings accounts, deposits, withdrawals, balance check) and other financial services (insurance, loans, credit cards) as well as Government to Consumer disbursements to financially underserved societal segments. The solution is based on Agent Assisted model wherein a Micro Banking application on a mobile Handheld Terminal/ POS/ Tablet/ Mobile phone is used by an agent to facilitate cash deposits and withdrawals.


  • The service supports –biometric, card base & PIN base, NFC and contact less payments interfaces on all wireless devices & multiple operating systems
  • Supports multi-modal agent interfaces: POS Terminal, Mobile Phone, Laptop, Tablet in conjunction with external accessories
  • Flexible reporting and reconciliation frameworks
  • Supports modular and SoA based architecture
  • Provides Remote device management & software upgradation
  • Value added services like bill payments, mobile, TV DTH recharge, ticketing, insurance premium payments, bill payments etc can be added on the same interface
  • Comprehensive Cash Management, Agent Management policies implemented (customizable to specific requirements)

Business Benefits:

  • Reduced TCO – Agents can bring in own device. Works well with Low-end GPRS devices as well
  • Reduced load on transactions on ATM and Bank branches
  • Increased volume of transaction through various alternative channels – Mobile phones, Smart card etc
  • Increased region coverage with many new customers and transactions
  • Low cost of customer acquisition- enrollment process is fully automated and digitized over mobile applications
  • Revenue assurance & low leakage – automatic settlement & approval process with detailed MIS and alert system
  • The workflow can be configured automatically. No need for development

Contact Us

CanvasM Technologies Limited
A 20, Sector 60
NOIDA, India
PIN 201301

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For further information please write to

For further information please write to