This winning Bankers’ Choice deal involves the set-up of an automated and instant payment infrastructure by leveraging API technology. This enabled the customer, a financing company, to provide real-time and instant loan disbursements to a variety of customer profiles in India who lack a high credit score or have no credit history. Intelligent routing capabilities, a customised management information system and complete visibility of disbursements and returns allowed turnover time to reduce from two days to within 10 seconds.  

For a solution that has enabled the customer to shift to near real-time payments, reduce manpower needs and costs, and improve customer experience, the Best Corporate Payments Project in India goes to Deutsche Bank and Home Credit India Finance Pvt Ltd