From money transfers to Aadhaar-enabled banking, micro ATMs, and utility payments, we empower local businesses to become financial hubs in their communities. The platform connects thousands of agents (like kirana shops, pharmacies, mom- and-pop stores etc.) pan-India to the formal banking system, thus enabling them to collect cash from customers in exchange for providing digital financial services
like Direct Money Transfer (DMT), Bill Payments, Mobile Recharge and Travel Bookings among many others. In a cash dominant economy like India, where millions are still excluded from the formal banking system, IKEDA works with Banks to empower these unbanked people by giving them the capability to access digital financial services for the very first time. By providing a multitude of digital financial services, IKEDA envisions becoming a one-stop shop for agents in their quest of serving the end customer. Thus, the IKEDA platform acts as a bridge and creates value for both, the Banks as well as the end users and agents.
