Nexxo Self-serve Financial Solutions for the Underbanked
Market Need
As the internet continues to transform the retail marketplace, the underbanked consumer represents a large and growing segment of retail sales. Offering convenient access to everyday financial services at fair prices is a powerful tool to attract and build loyalty from this group. Nexxo provides a way for retailers, banks and other financial service partners to offer these financial products to their underbanked customers in an automated and cashless manner.
Full Suite of Integrated Self-Serve Financial Services
All services are automated via kiosks, including Chexar’s full service check cashing, which enables customers to cash any kind of check using any kind of ID. Customers can register at the kiosk or with a teller and enjoy the ability to manage all their services from a single screen 24/7, similar to the ATM relationship in the traditional world.
- Full Service Check Cashing
- Cash Withdrawal
- Bill Payment
- Money Remittance
- Phone Top Ups
- Card Loads
- Loan Installments
- Money Orders
Nexxo provides end-to end-management of services, from kiosk operation to financial operations and settlement, allowing partners to deliver a full suite of financial services without the need to establish a financial services infrastructure.
Key Features of Nexxo Managed Services :
- Kiosk design, configuration, deployment & servicing
- English & Spanish registration & customer care
- Financial operations management
- Compliance & licensing
- Platform hosting
- Pricing & promotions management
- Product catalog management
- Flexible 3rd party processor gateway architecture
- Pre-paid debit card integration
Nexxo provides this integrated platform as a turn-key to retailers, banks and other financial services partners who will have unified view and will be able to utilize Nexxo’s powerful back-end platform to cross-sell and up-sell, both within the financial services and their core services. Nexxo’s technology can also be integrated with other financial services and platforms, tailored to fit its clients’ specific needs and offerings.
