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OLiO is a technology platform with comprehensive modules to manage financial transactions, on-field devices, product roll-out and reporting. As an alternate banking channel, it enables end-to-end customer sourcing and servicing. It can be rolled out at merchant locations and provide e-payment options to customers through POS and Micro ATM channels.

Using OLiO, Banks and Financial Institutions can offer all their services including Savings, SHG, Government Grants, Micro pensions/Investments, remittance, utility payments and insurance enabling true financial inclusion

Salient Features of OLIO
Device
  • Device Agnostic: Can run on any Java supported device (Mobile, PC or POT)
  • QR Code/ Barcode: Quick and easy way to enrol and transact
  • Face Detection and Crop: No more enrolments rejected due to bad or improper photograph and no more manual photo editing or cropping
  • Multiple Authentications: Use of single or combination PIN, Finger Print, Face Recognition or AADHAAR
  • Complete enrolment: Capturing Biometric , KYC details, and photo etc of beneficiary at one go
  • Enrolment and Transactions: Enrolment and Transactions on the same device
  • Vernacular: Local language support voice guidance, receipt printing
  • Transactions: Supports Online and Offline modes of transactions, transactions as per the ISO 8583 standards (ON US and OFF US transactions with NPCI switch)
  • Network: Network independent and works on either 3G, EDGE, GPRS or Broadband
  • Integration: The Device is capable of directly interacting with the CBS and posts the transaction or can interact with an intermediate FI server and then post data on to CBS
  • Data security and Encryption: Use of PKS, AES and 3DES encryption algorithms
  • Card and Card less Transactions: Supports both card based (MagStripe) and card less transaction
Server
  • Entity Management: Creation and management of various entities like Bank, Business Correspondent or MFI with appropriate Branch creation and customer management
  • Device Management: An innovative approach to centrally manage the devices in the field with just a click of a button from anywhere. Enable/ disable features, modify number of receipts, mode of authentication etc from a central place
  • Product Management: Launch any new product in as less as 72 Hrs. to selected CSP/Agent or every-one with all product features including Product name, min/max amount, duration etc
  • MIS/Reporting: An exhaustive reporting module provides all the standard reports and also deliver customized reports either on the web or on email as desired
  • OTA Deployment: Software installation and up gradation on to the client device is managed Over the Air (OTA).One click installation of the client software.