Domestic Money Transfer (DMT)

• Increase Revenue: A Fino Merchant has the opportunity to increase new revenue streams and yield from the specified services handled by them.
• Diverse Product Offerings: The merchant can offer money transfer, bill payments, loans, etc. This allures more customers to his business.
• Support and Training: adequate training and support are extended by Fino to enable the merchants to know how to appropriately use the platform and manage services.
• Community Trust: By being a Fino Merchant, you can very easily build trust within your community by rendering important financial services, thus helping to create a loyal customer base for yourself.
• Enhanced Customer Retention: You will definitely retain more customers who are clients of your financial services, as they would like to have the maximum possible services provided under one roof.
• Flexibility in Operations: Merchants may work at their convenience, when their business is open. This could add more convenience for the customer.

• Application Process: One can apply through the Fino website or even get in touch with the nearest representative of Fino.
• Documentation: Copies regarding identity proof, shop registration, and other required licenses need to be provided during the application process.
• Training Session: If approved, an applicant would normally be required to attend a training session by Fino, which explains the way to use the services and manage transactions.
• Merchant Onboarding and Set-Up: Post-training, merchants would be onboarded on to the Fino platform to enable the sale of services to their customers.

• Money Transfers: The merchant would be able to assist his customers in domestic and foreign money transfers.
• Bill Payments: Enable a customer to pay bills for utilities, mobile recharges, and other recurring types of payments.
• Loan Services: Assist customers in applying for personal loans or business loans (if applicable).
• Insurance Products: Offer various insurance services and products such as life or health insurance.
• Savings Accounts: Help the customer to open a savings account or fixed deposits option through Fino.
• Mobile Wallets: Support mobile wallet services for hassle-free transactions and payments.

In most cases, potential merchants need to provide a valid proof of identity,  proof of address, pan card, etc.