Between 2017 and 2018, Government of India (GoI) will endeavour to make the internet reach 3,00,000 Panchayats. A digitally enabled rural-India will lay the foundations of deep-seeded financial inclusion as the dependency on cash would reduce and formalised digital payments would become a norm; ensuring credit histories for those in the last-mile.
India is on the brink of a digital revolution where from a time when 1% of the population had mobile phones, in 20 years it has now come to more than 90% in India. And with smartphones becoming increasingly more accessible and affordable, every Indian with one will be a “walking ATM”.
Davinta’s digital spending oriented products and solutions provide a vast variety of basic and feature-rich financial services including ‘anywhere-anytime’ banking services, cash deposit & withdrawal, fund transfers, utility bill payments, top-up recharges, etc.
Creating a digital-ledger for each transaction, we enable and are making sustainable and scalable financial inclusion a reality not only for the last-mile user, but also for banks and other partner and affiliate financial service providers like NBFCs, MFIs; to name a few.