Our Bank Dropbox Solution is a kiosk application that accepts cheque and demand drafts. It is operated by the user himself. It is configured with a unique counter number and device details.

It works in two different modes namely offline and online. In an offline mode, the kiosks database is updated with latest bill periodically and transactions are recorded locally. On the other side, in online mode, a kiosk is connected to remote server for retrieving the account details and storing the transaction details. It also stores information locally to safeguard the transaction due connectivity and other issues.

How It Works

A user initiates deposit of cheque or demand draft through the kiosk’s welcome interface. By providing his account number he gets all details. After confirming the details, he needs to select deposit type. It can be cheque or demand draft.

The details like cheque or demand draft amount and date is feed by the user. Then the cheque or the demand draft is inserted by him to the Micr Reader of the kiosk. The kiosk identifies the cheque number and Micr details. A user gets the acknowledgement.

Who Should Implement

This solution has a wider range of implementations. There are a lot of businesses and services where encouraging payment facilities in terms of self-collecting kiosks would bring a better system to them. All such people can opt for it. But so also the following type of company would definitely benefit out of it. It's a must have solutions.

• Banking Companies
• Insurance Companies

Why This Solution

This solution is a self-collecting system. It itself attract the consumer. Kiosks running in online mode give latest information. It has a variety of good features. Following are the key features of the solution:

• Easy and impressive kiosk interface.
• Configurable for Cash device, Micr device, and POS printer.
• Configurable for counter details, local database and remote database.
• Deposit option with two modes viz. Cheque and Draft.
• Feature to visualize image for cheque and draft.
• Feature to visualize receipt number while printing.
• Feature to log each and every activities of the kiosk.
• Feature to store text form of every deposit.
• Feature to store every report in text format.
• Auto cleans up of older data.
• Generation of related statements and reports.

Key Benifits

Bank Dropbox kiosk has good potential and all set to be a better system across the power distribution companies and many others. It, with its latest technologies, provides a number of benefits, not only to Discoms but also to every other people connected with monthly collection.

• Reduce the cost of business
• Realtime transactions
• Time saving and efficient
• Better customer service
• Provides a Competitive Advantage
• Imporoves collections