IOT based remote cheque digitization device combined with handwriting recognition algorithms on cloud to provide seamless, automated workflow for banks, ecommerce, insurance and utility companies
How are we different?
The secret sauce of the solution is the image digitization algorithms housed on the cloud. The low cost device is an enabler which is available at 50% the cost of existing market offerings. By introducing a compact connected device we will be able to enable Banks/ Business to build different service devilery models around it
remote chq digitization enabling numerous business models like;
- Chq for Delivery in Ecommerce ( beneficial for small business to start using the ecomm platform for buying office needs/ equipments )
- Insurance companies - creating scalable infrastructure at low cost in tier II towns to collect premiums
- Utiliy companies - Enables installation in Gated communities, apartments
- ATM and Bank branches