Authorized Cash Management Service

 

The COVID-19 crisis has created an environment of uncertainty for every one of us. Feeling that impact more than most are small businesses. There have been big changes in forms of payment including a reduction in the use of cash and coin. Seeing employees or vendors face to face may not happen as often as it once did. Even your trips to the bank may have decreased as many people are choosing to just stay put. So how do you keep your business’s cash flow in check? Being able to collect and pay faster and electronically is as important as it has ever been.

 

CMS Cash Pickup Services

Authorized Cash Management Service system allows food aggregators such as Zomato and Swiggy to deposit their cash at nearby stores rather than travelling long distances to their respective hubs or banks. Additionally, the cash collected would assist partners like Home Credit, Hero Fincorp etc. in their EMI and cash collection business. The cash collected at the BANKIT-enabled stores will then be reflected in the bank accounts of these service providers via enablement done by BANKIT and Airtel.

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