eko introduction
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© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
Warm welcome to EKO/-
© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
Imagine every cell phone is an ATM!
Imagine anyone with a cell phone is a Merchant!
© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
Branch
1786
ATM1987
Kiosk2006
Mobile2010
Units
Distribution
1,00,000 50,000 25,000 900 million
Per 25,000 Per 15,000 Every HouseholdPer 50,000
Reach 40% population 20% population 10% rural population 100%
Evolution
CAPEX 0/-Rs. 25 - 50KRs. 2 - 5 lacRs. 10 - 40 lac
Cost/ Txn. Rs. 40/- & upwards Rs. 15/- & upwards Rs. 10/- & upwards Re. 1/-
High Cost Branch Low Cost Branch Lowest Cost Branch Branchless
© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
∕ Rapid & massive scale− No CAPEX− Extremely low cost of transaction− Leverage existing retail distribution infra - 15 million− Leverage cell phone users ~ 900 million
∕ Exclusive to None - True Democratization
Fundamentals
All MNOsAirtel / BSNL / Idea / Reliance / Tata etc.
All MNOsAirtel / BSNL / Idea / Reliance / Tata etc.
All PlatformsSymbian / Java / Android etc.
All PlatformsSymbian / Java / Android etc.
All OEMsNokia / LG / BlackBerry / iPhone etc.
All OEMsNokia / LG / BlackBerry / iPhone etc.
All Technologies3G / GPRS / CDMA / GSM / EDGE etc.
All Technologies3G / GPRS / CDMA / GSM / EDGE etc.
Multi BankState Bank of India / ICICI Bank etc.
Multi BankState Bank of India / ICICI Bank etc.
All FSPsBharti AXA / SKS / L&T Finance etc.
All FSPsBharti AXA / SKS / L&T Finance etc.
© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
Digitization of a transaction
*543*9811234389*999*1598271234#
BENEFICIARYBENEFICIARY
AMOUNTAMOUNT
AUTHORIZATIONAUTHORIZATION
Missed Call | Only Numbers | Works on Ultra-low cost handsets
© Strictly confidential. Eko/- is the property of Eko India Financial Services Private Limited
Digitization of the signature
Paper equivalent to RSA device + PIN | Only Numbers | Low cost | Innovation
1 2 3 4
5 9 8 7 1 2
1 5 9 8 2 7 1 2 3 4
PIN
Signature
*543*9811234389*999*1598271234# Beneficiary’s Mobile No. Amount. ‘Signature’
© Strictly confidential. Eko/- is the property of Eko India Financial Services Private Limited
Eko - ICICI Account(Settlement A/c)
S-CSPDistributor
CSPRetailer
1.
2.
3.
4.2
4.1
5.1 5.2
CustomerCash Collection
Electronic Money
Cheque / DD / RTGS Payment
EKO/-
SimpliBankOn Encashment
Accounts of S-CSPs & CSPs
Prepaid Cash Management
© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
Customers: 4 million+Customers: 4 million+
Eko Counters: 2600Eko Counters: 2600
PartnersPartners Transactions Total Number: 10 million+
Total Value: $1 billion
Transactions Total Number: 10 million+
Total Value: $1 billion
∕ Estd. September 2007
∕ Funding from Creation Investments & CGAP (World Bank), Indo-US Fund, Govt. of India and UN
∕ Presence: Delhi-NCR, Bihar, Jharkhand, U.P., A.P., W.B.
Maharashtra, Punjab, H.P., Haryana & Rajasthan
© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
“By taking existing infrastructure and spare capacity among mobile networks, your model could dramatically reduce costs for service providers and customers alike”.
- Bill Gates, Chairman, Microsoft
© Strictly confidential. EKO/- is the property of Eko India Financial Services Private Limited
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