Offline Mobile Banking App
To enable further financial inclusion, Tootpay had included Offline banking solution. It is targeted for lower KYC customers and customers who don't have internet connectivity. Offline mobile banking app can be used both online and offline.
The initial installation requires internet connectivity. Customers have to download the app or take it via bluetooth from another device that has internet. But, after installation the app works completely offline.
Users can transfer money, recharge their mobile, etc as per bank's requirement.
The SMS sent from customer's mobile via the app is a fully-encrypted one and can be deciphered only by the bank,
Banks can also use SMS banking for multiple notifications; for fraud prevention and intimation about a transaction of certain value, unusual transactions, change of profile and other services.