PayNet Banking Platform

Pros

Banking before digital transformation is like this huge excel file with hundreds of sheets about millions of people, which carries hundreds of potential patterns & data points of every individual that are not organized and interpreted for business development but duplicated and considered a hassle to manage. But, with an omni channel digital banking solution it not only organizes your data but also identifies patterns and data points to notify and connect you with potential leads/ opportunities. Alongside It gives your team the freedom to innovate & cultivate strategizes in alignment to your organizations values & visions.

Cons

It's a long & tedious process of integration. It requires a lot of time investment and devotion from key people of the organisations, hence finding the hours for already ongoing projects or daily work might be affected.

Pros

Commitment, support, flexibility, cost effective, business modeling

Cons

None to be honest, paynet system gave us more than we expected not only current requirements but also future.

Alternatives Considered

Switched From

Reasons for Switching to PayNet Banking Platform

Pros

The Product is build as per the Scope and is different than the traditional Mobile and Internet banking, the Clients of the banks will get the same experience in all the channels. As the system is still under implementation we have lot to do and the team behind this are working round the clock to make things as per the scope. The team has built the system in such a way that bank can implement any client needs easily.

Cons

No Comments on this, as we have long way to go. but till date what has been delivered is up to the mark and hope the team will delivery rest of the scope as expected.

Pros

Best team of professionals I ever cooperated with. They you know every single details in both business and technical aspects .

Cons

Nothing to mention. you just need have a detailed scope of work and make sure that you have the best PM on the implementation.

Pros

I should stress the architecture, rich functionality and reliability of the system as well as highly professional and responsive team

Cons

We look forward to next iteration of currency exchange functionality

Pros

ITS EASY TO NAVIGATE THE PLATFORM I.E IT'S USER FRIENDLY

Cons

NOTHING COMES TO MIND AT THE MOMENT, AS STATED ABOVE NAVIGATING THE SYSTEM WAS OK.

Pros

Chatbot provides instant resolution to customers' frequently asked queries & issues. The bot is very easy to use and is more accessible to our customers than our previous web and mobile app implementations that fulfilled similar tasks. Its simplicity both to implement and to use would be its best feature.

Cons

We would have preferred a more graphical interface than the current text layout. We also think multi-language support is a must which we hope to implement in the future.

Pros

The ease of operation , which is secure and global standard. The Paynet solution can be easy to integrate in any social media based service platform

Cons

The chatbot based application needs to be faster for transactional features

Pros

Scalability, reliability and convenience

Cons

None.

Pros

Unique and robust. Have all the required ingredients for a digital platform

Cons

Must have some other customization and other new features

Pros

Online account opening and integration with our intranet software.

Cons

Mini Statement and Fund Transfer along with simplified real time account opening

Pros

Whatsapp integration is the most unique and impactful solution.

Cons

Good one. need to bring lending facilities in this platform

Pros

Lots of relevant features, quick to deploy

Cons

A local support is needed. UI can be improved