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Digital Financial Inclusion Programs Are Bearing Fruit In The Time of COVID-19

In the current situation, this is how the under-served population in rural areas across geographies are benefiting through Digital financial inclusion programs.

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Digital Financial Inclusion Programs Are Bearing Fruit In The Time of COVID-19

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  1. Digital Financial Inclusion Programs Are Bearing Fruit In The Time of COVID-19

  2. Introduction • Mr. Dayashankar runs a tailoring business in Raipur. In late 2017, he came to know about Evolute’s micro ATM and became a bank correspondent (Mitra) with one of our clients. • The user-friendly interface with Android OS based tab helps him to complete all the transactions easily. • On asking him about the same, he says, “I am the only shop in my village which has been able to offer doorstep banking with daily transaction volume going to INR 1-2 lacs”.

  3. Coronavirus crisis

  4. Digital Inclusion • Last month, the government of India announced a relief package for those affected by the COVID-19 situation. • The dire need of the hour is that financial aid may reach the poor living in rural areas. • The digital financial inclusion programs will help immensely the people to avail the benefits using the Direct Benefit Transfer – DBT scheme of the government and Evolute’s offerings fit perfectly here with the products being used for the actual transfers. • Also, the subsidies and relief measures in the future can be made available easily through it. • Though the physical banks have suffered a slight setback, the compelled transformation has given rise to the use of Fintech applications, devices and software services

  5. Digital financial inclusion programs

  6. Evolute Group • We are on a mission to TechPower the world ™ and accelerate worldwide change with our suite of highly efficient, extremely smart, scientifically and financially viable embedded systems solutions. • Our products and solutions are built to provide services in the FinTech, CleanTech, GovTech and Industrial Electronics sectors while supporting SaaS, PaaS and on Premises Opex Models. • Tried and tested, our end-to-end FinTech solutions are bridging the divide by reaching out to unbanked communities across the globe and making their financial lives seamless. • For more details visit to Power, Perseverance And Prudence For Electric Mobility, Made in India

  7. Evolute Group For more information visit our official website Evolute

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