Subsidy Distribution
MobiFin Subsidy distribution solution by Panamax facilitates subsidy and other payments made by governments or NGOs directly to citizens’ bank accounts. The solution ensures all the schemes and benefits reach the beneficiaries in real-time. Our G2P solution integrates with advanced or legacy systems to efficiently disburse payments to large segments of the population. The solution handles a high volume of direct bank transfer and ensure a quick turnaround time.
Key Features
- Centralized Repository
- End-to-end lifecycle management
- Locked subsidy distribution
- Public distribution system
- Pre-defined rules for application submission
- Eligibility checks
Key Benefits
- Transaction status tracking
- Reconciliation of payments
- Timely delivery of subsidies
- Complete transparency of payments
- Cost-effective
- Secured beneficiary data
- Fund monitoring
- Reduced tiers in fund flow
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