BankBiz Pigmy — Daily Deposit Collection
Ethereal Informatics provides a Daily Deposit Collection Machine (DDS Machine) for banks. Banks can provide DDS machines to their DDS Agents for collection of daily deposits. The solution is available in both online and offline modes and integrates seamlessly with BankBiz CBS software through the e-Bank PIGMY Interface.
Key Features
- Daily deposit collection through field agents using handheld DDS devices
- Available in both online and offline operating modes
- Seamless integration with BankBiz CBS via the PIGMY interface
- Real-time synchronization of collection data when online
- Offline mode ensures uninterrupted collection even in low-connectivity areas
- Automatic reconciliation with CBS after sync
Available Reports
- Agent Monthly Report
- Agent Commission Report
- Account-wise Daily Sheet Report
- Previous Entries Report and many more
Benefits for Cooperative Banks
- Extends the bank's reach to doorstep banking customers
- Reduces manual paperwork and data entry errors
- Transparent, auditable commission tracking for agents
- Enables financial inclusion in rural and semi-urban areas
- Complete audit trail for all collection transactions