SARK is Business Correspondent to various Banks. This results in fast, simple and secure transactions and one-stop-outlets provide instant and hassle-free service delivery for Banking financial services like Domestic Money Transfer, AePS, mATM (Debit card Cash Withdrawal), and Prepaid cards and various value-added services like Prepaid Recharges, Bill payments,Insurance, etc. SARK is also a provider of payment solutions that are simple and secure, and are delivered via web portal and android.
A large population in India is still not a part of the digital economy and banking system. Digital literacy is far from 100% in India and a major chunk of the population is still not self-serviced for basic banking and financial needs. Lack of ATMs and bank branch in rural and semi-urban areas is still a concern which hampers financial inclusion. We are trying to bridge this digital divide across urban and rural areas and to offer digital financial and non-financial services through agent outlets.
In order to serve under digital and underbanked population in India, we have prepared an assisted agent led model which works to offer digital and financial services to the last mile. Banking and financial services along many value-added services are available for end customers through SARK channel partners in their neighborhood. Services like Domestic Money transfer, Cash Withdrawal, Prepaid Cards, Recharges, Bill Payments, Travel Bookings, etc. are made available 24X7 through our proprietary web and mobile applications. These applications are made user friendly as per the needs of the target users and are built using the state of the art technology to make the transactions secure and instant.
SARK is a fintech company having expertise in all payment-related products and one of our differentiators is a strong technology core which not only promises a high success ratio but also provides ease in doing the transaction. Our technology stack is built on the digital railroads of NPCI and service providers like banks, telecom aggregators, travel aggregators, etc. which when combined with our proprietary applications helps in providing a digital transaction engine that is highly scalable and flexible. We eagerly listen to our customers and customize our offerings which best suits their needs.
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