Neighborhood microfinance moving towards digital transactions

Chhimek Laguvitta has arranged digital transactions for members through mobile banking app.

According to the organization, under the digital app, through Connect IPS and phone payment service, the bank and financial institutions within its network have easy fund transfer, utility payment and other services.

With the increasing use of mobile, the organization believes that transactions can be made cashless through its use in the microfinance sector as well.

Similarly, another important feature of this app is that microfinance members can get information about their unit (center) meeting and after the transaction is successful, the information about the transaction along with the amount will be spoken.

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