Reason behind Joining SCT:
·
All member banks are treated equal
manner.
·
Opportunity to access ATM & POS
throughout Nepal. ATM in India and Bhutan through specified financial institution’s
ATMs.
·
Users are provided thermally printed
card with ISO standard track information which has high durability and
reliability.
·
There is not any hidden cost charges
for product and services provided by SCT.
·
Secure transaction in ATM as well as
POS machine.
·
Skilled manpower handling each
specific task.
·
Securely delivery of requested cards
and respective pin mailer to member banks in committed date.
·
Sufficient backup for Hardware and
Software resources.
·
Security, Quality and Prompt
Services.
·
24x7 hrs services are available
which monitored through connectivity of ATM, POS and other device connected on
SCT switch.
·
Free training available whenever it
is necessary.
·
Immediate response for any query or
problems from member banks or SCT users.
Changes in human life
style through SCT debit card which can be listed as below:
·
Previously
the customer don't have any concern about card services but now most of the
customer looks whether there is debit card services are available or not before
opening the account in particular banks.
·
ATM/POS/Ecommerce
is in the reach of general public of Nepal.
·
People
can able to withdraw amount from anywhere and any bank ATM which are in SCT
Network.
·
Flow
of e-cash increases due to its smooth and secure transaction.
·
Various
problems such as health hazard, fake notes issues and paper note life are being
solved due to online payment services.
·
Consciousness
on using debit cards securely has increased.
Benefit for User:
·
No need to write checks for cash and
stand in branch lines.
·
Free from risk of carrying Hard
cash.
·
Solve the problem for paying small
amount during shopping at departmental stores.
·
Several of diseases that are spread
through paper notes or coins can be controlled.
·
Life of Hard cash can be increased.
·
People can easily compare the price
of different product while doing online shopping.
·
People will get familiar to use new
payment technology available in market.
·
Card holders can do several of
banking tasks like cash withdraw, balance query at convenient locations.
·
ATM’s of SCT Network is opened for
24 hours in certain location so that withdraw is possible even in emergency
period.
·
Customer can issue nine
supplementary cards for single account customers.
Benefits for F.I.
·
F.I. may participant in the SCT
Network as an issuer and or Acquirer.
·
It adds the positive marks for F.I.
debit cards.
·
Supports cash withdrawals, balance
query & pin change.
·
18X7 service available for F.I. and
its customers.
·
Connect their customers with their
cash deposited in bank account wherever they are.
·
Limited number of teller required to
serve customer at office.
·
Increases the number of F.I.
customers.
Benefit for Nation
·
Increase the life of physical Money.
·
Easy to tack necessary record.
·
Secure & Healthy Environment
·
Description
of Products/Services:
Debit Card: A debit card issued by a bank which
allows bank clients access to their account to withdraw cash or pay for goods
and services. At first F.I. order certain number of fresh card as per
requirements via SCT. Those fresh cards should be sent as per customer request
to SCT. SCT will personalize those fresh cards and make it SCT debit
card. Those finished SCT debit card will again sent to F.I.
Pin mailer: With personalize cards there is pin
code provided to customers. Incase customer forget his/her previous pin mailer
Repin will generated.
Card
Management Software: For the convenient of member, SCT has offered a Card
Management Software which is used by member banks to view card transaction and
update the card status. Also it has various features that are useful and
related to card transactions.
ATM/POS Networking: ATM is computerized machine that
permits bank customers to gain access to their accounts with a magnetically
encoded plastic card and a code number. ATM connected in SCT network enables
the customers to perform several banking operations without the help of a
teller, such as to withdraw cash, obtain bank statements, and cash transfers
(on testing phase). A point of sale/service (POS) machine is used to conduct
retail transactions. SCT user can pay their shopping amount through POS
transaction.
POS Cash Advanced: This is pos sale cash advance
where customers obtain money from his/her debit card at pos terminal. In this
SCT user have to pay certain charges. It is suitable mainly in remote location
where ATM machine not available or not able to install.
SCT MOCO:
FOCUSONE Payment Solutions in collaboration with SmartChoice Technologies (SCT) has launched a new mobile payment system “SCT MoCo”. The technology enables registered users to use their mobile phones to make utility payments and financial transactions. The mobile application is linked to a SCT Debit card. The system makes use of existing telecoms, banks and merchant's ecosystems so that use of the service is as easy as having one more plastic card or a wallet in one’s pocket.
SCT MoCo users can make payments of any sort such as purchase payments, utility payments and online payments through their mobile phones. All payments can be made ON-SITE or OFF-SITE that will be revolutionary to any time of payments made in Nepal so far.
Benefits of MoCo are:
· MoCo extends SCT plastic cards to mobile, enabling financial transactions via mobile phones.
· A hassle free sign up process. If you have a smart phone (Android/iPhone), data connectivity and SCT card, you can start using MoCo in just a few minutes.
· Regulatory approved 2 factor authentications: MoCo password + SCT card PIN.
· Uses secure communication channel via data. Doesn't use insecure SMS, IVR, or USSD.
· SCT card information is never revealed to third-party (merchants).
· Capability of linking more than one SCT card to a specific account.
SCT nPay :
SCT nPay is a new and innovative service launched by nPay in collaboration with SCT, Nepal’s no. 1 and widely used ATM and Merchant Network, for its card holders to do online payment transactions.
SCT nPay allows merchants/sellers to accept online payment for their services through SCT cards. After signing a Merchant Agreement with nPay, merchant will need to integrate their website with nPay's gateway. After merchant customers’ checkout from the website, they enter Card Number and PIN on nPay secure payment page. When the payment is completed, npay will send an email notification to the registered email address.
SCT nPay accepts only SCT cards. It supports only Nepalese Rupees (NRs). SCT nPay gateway is hosted in one of the highly secured data center with 256 bit SSL Encryption certificate. nPay supports physical/electronic goods and services which are not prohibited/restricted by government rules and regulations.
Benefits of nPay:
SCT nPay has following benefits: it is simple, fast and secured way of payment
· Simple: SCT nPay interface is developed for non expert users, any one with little computer knowledge can use our service, Also we provide secure tracking of transactions.
· Fast: Fund transfer has been always a great problem and tedious job for any customers who want to shop online. We are here to solve your problems. You just need SCT card number and your card pin number.
· Secured: nPay uses multiple layers of security, including fraud-monitoring systems and encrypted tokens using SHA256 hash algorithms to help keep payment information safe.
Why to Use SCT debit Cards:
· Easy to get from any member Banks
· Lower Cost
· Secure (both card and pin required in any kind of transactions)
· Can be use for Online Payment Solutions. No money need to store in Application vault.
Drawback of storing amount in Application Vault:
· User will lose Interest of that vault Amount.
· User can’t retain that amount as hard cash during required time.
· No legal liability or rules to secure that amount.
नगद राशिलाई ई-भल्ट मा राख्नुका बेफाईदाहरु :
• प्रयोगकर्ताले बैंक बाट प्राप्त हुने ब्याजको रकम गुमाउनु पर्ने हुन सक्छ ।
• प्रयोगकर्ताले आवश्यक समयमा नगद भौतिक रुपमा पुन प्राप्त गर्न असमर्थ वा पुन प्राप्त गर्नका लागी केहि मुल्य चुकाउनु पर्ने साथै धेरै प्रकृया तथा समय खर्चिनु पर्ने हुन सक्छ ।
• ई-भल्टमा राखेको रकमलाई कानुनी संरक्षण तथा नियमले नबाधेको हुन सक्छ, कुनै कारणले सो रकम हराएमा पुन प्राप्त गर्ने कानुनी आधार नहुन सक्छ ।
त्यसैले यस्तो सेवा लिदा बिचार पुराएर मात्र लिनु पर्छ जसले आफ्नो बैंक मा भएको रकमलाई करोबार गर्ने बेलामा मात्र बैंक को खाताबाट घटाओस् ।
SCT MOCO:
FOCUSONE Payment Solutions in collaboration with SmartChoice Technologies (SCT) has launched a new mobile payment system “SCT MoCo”. The technology enables registered users to use their mobile phones to make utility payments and financial transactions. The mobile application is linked to a SCT Debit card. The system makes use of existing telecoms, banks and merchant's ecosystems so that use of the service is as easy as having one more plastic card or a wallet in one’s pocket.
SCT MoCo users can make payments of any sort such as purchase payments, utility payments and online payments through their mobile phones. All payments can be made ON-SITE or OFF-SITE that will be revolutionary to any time of payments made in Nepal so far.
Benefits of MoCo are:
· MoCo extends SCT plastic cards to mobile, enabling financial transactions via mobile phones.
· A hassle free sign up process. If you have a smart phone (Android/iPhone), data connectivity and SCT card, you can start using MoCo in just a few minutes.
· Regulatory approved 2 factor authentications: MoCo password + SCT card PIN.
· Uses secure communication channel via data. Doesn't use insecure SMS, IVR, or USSD.
· SCT card information is never revealed to third-party (merchants).
· Capability of linking more than one SCT card to a specific account.
SCT nPay :
SCT nPay is a new and innovative service launched by nPay in collaboration with SCT, Nepal’s no. 1 and widely used ATM and Merchant Network, for its card holders to do online payment transactions.
SCT nPay allows merchants/sellers to accept online payment for their services through SCT cards. After signing a Merchant Agreement with nPay, merchant will need to integrate their website with nPay's gateway. After merchant customers’ checkout from the website, they enter Card Number and PIN on nPay secure payment page. When the payment is completed, npay will send an email notification to the registered email address.
SCT nPay accepts only SCT cards. It supports only Nepalese Rupees (NRs). SCT nPay gateway is hosted in one of the highly secured data center with 256 bit SSL Encryption certificate. nPay supports physical/electronic goods and services which are not prohibited/restricted by government rules and regulations.
Benefits of nPay:
SCT nPay has following benefits: it is simple, fast and secured way of payment
· Simple: SCT nPay interface is developed for non expert users, any one with little computer knowledge can use our service, Also we provide secure tracking of transactions.
· Fast: Fund transfer has been always a great problem and tedious job for any customers who want to shop online. We are here to solve your problems. You just need SCT card number and your card pin number.
· Secured: nPay uses multiple layers of security, including fraud-monitoring systems and encrypted tokens using SHA256 hash algorithms to help keep payment information safe.
Why to Use SCT debit Cards:
· Easy to get from any member Banks
· Lower Cost
· Secure (both card and pin required in any kind of transactions)
· Can be use for Online Payment Solutions. No money need to store in Application vault.
Drawback of storing amount in Application Vault:
· User will lose Interest of that vault Amount.
· User can’t retain that amount as hard cash during required time.
· No legal liability or rules to secure that amount.
नगद राशिलाई ई-भल्ट मा राख्नुका बेफाईदाहरु :
• प्रयोगकर्ताले बैंक बाट प्राप्त हुने ब्याजको रकम गुमाउनु पर्ने हुन सक्छ ।
• प्रयोगकर्ताले आवश्यक समयमा नगद भौतिक रुपमा पुन प्राप्त गर्न असमर्थ वा पुन प्राप्त गर्नका लागी केहि मुल्य चुकाउनु पर्ने साथै धेरै प्रकृया तथा समय खर्चिनु पर्ने हुन सक्छ ।
• ई-भल्टमा राखेको रकमलाई कानुनी संरक्षण तथा नियमले नबाधेको हुन सक्छ, कुनै कारणले सो रकम हराएमा पुन प्राप्त गर्ने कानुनी आधार नहुन सक्छ ।
त्यसैले यस्तो सेवा लिदा बिचार पुराएर मात्र लिनु पर्छ जसले आफ्नो बैंक मा भएको रकमलाई करोबार गर्ने बेलामा मात्र बैंक को खाताबाट घटाओस् ।
