THE PASSBOOK RETURNS

Banking On mobile

ePASSBOOK THAT UPDATES ITSELF
USING BREAKTHROUGH PATENTED SMS BASED TECHNOLOGY- WITHOUT INTERNET

Take your customers back to the future

The Return of the Passbook in its electronic avatar, BOMPassbook, means you can service your customers the way they were used to.

Acquire and service more customers in rural and urban areas without opening costly branches. Immediate savings as no statements to be sent or paper passbooks to be updated. BOMTech products do not require any changes to your existing systems. They work on a dedicated BOMTech device or simple feature or smart phones in the language of your choice- English, Hindi or any state language

See how our SMS based suite of products can help you:

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Microfinance

Do the maths- COUNT THE SAVINGS

Realize the dreams of the financially excluded. Bring Microfinance into the Main Stream.

BOMPassbook offers instant updates on their loan account at the cost of a SMS.

No need to give thermal receipts or stamp paper books.

BOMCollect our other offering, using the same SMS based technology, enables the Institution itself to be mobile within the rural settings.

Access market data through BOMInfo.

Transact mutual funds through BOMFolio.

Microfinance, a perfect idea, must be executed with perfection and at a very low cost. That is what BOMTech enables.

Take doorstep banking and microfinance to a whole new level BOMPassbook

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Jan Dhan Accounts

Make these Accounts Profitable

Cut Servicing Costs

  • BOMPassbook eliminates branch footfalls/ ATM requirements/ Call Centres demands. No need to send statements
  • BOMCollect given to Village Grocery Stores allows customers to deposit money in their accounts and obtain instant receipt on their BOMPassbooks

Improve Income

  • BOMFolio enables setting up Systematic Investment Plans transferring even tiny amounts economically
  • BOMFolio enables customers to sell investments instantly

Increase Reach for rural banking without opening branches

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Our Products

BOMPassbook

Electronic Passbook

  • Bank in Your Pocket
  • Displays Multiple Account Balances
  • Updates Accounts Whenever Transacted
  • Transfer Money and Pay Bills Safely and Securely
  • Carry your Account Details in Complete Privacy away from prying eyes of Search Engines

BOMCollect

Electronic Collection Tool

  • List all Collections Due
  • Update Account Status and Issue Receipt Instantly
  • Monitor Productivity Centrally
  • Immediate Reconciliation

BOMInfo

Electronic Access to Markets

  • Monitor Current Mandi Prices of Crops
  • Obtain Weather Updates Instantly
  • List Bank Branches/ ATMs
  • Replicates Limited Internet Access on SMS

BOMFolio

Electronic Portfolio Manager

  • Access Portfolio of Stocks/ Mutual Funds with prices without internet access
  • Place Buy / Sell orders Instantly
  • Updates use SMS the Cheapest Form of Communication
  • Displays Real Time Prices as Ticker display via SMS

BOMPassbook

 Electronic Passbook

  • Bank in Your Pocket
  • Displays Multiple Account Balances
  • Updates Accounts Whenever Transacted
  • Transfer Money and Pay Bills Safely and Securely
  • Carry your Account Details in Complete Privacy away from prying eyes of Search Engines
Read More

BOMCollect

Electronic Collection Tool

  • List all Collections Due
  • Update Account Status and Issue Receipt Instantly
  • Monitor Productivity Centrally
  • Immediate Reconciliation

BOMInfo

 Electronic Access to Markets

  • Monitor Current Mandi Prices of Crops
  • Obtain Weather Updates Instantly
  • List Bank Branches/ ATMs
  • Replicates Limited Internet Access on SMS

BOMFolio

Electronic Portfolio Manager

  • Access Portfolio of Stocks/ Mutual Funds with prices without internet access
  • Place Buy / Sell orders Instantly
  • Updates use SMS the Cheapest Form of Communication
  • Displays Real Time Prices as Ticker display via SMS
Read More

Contact Us for More Details

Rohit Bhargava, President BOMTech Inc.

Email:
info@bankingonmobile.com

BOMTech Inc.

Incorporated under the Federal Laws of Canada with its registered office in Toronto, Ontario

Busines Driving Technology

Founded by Rohit Bhargava

Rohit is an international banker with over 30 years of experience mainly with major Institutions like HSBC and TD Bank. He has held senior management positions across India and Asia, transforming operations to improve customer experiences while reducing costs.

Rohit earned a B. Tech in Chemical Engineering from the prestigious Indian Institute of Technology Delhi and a Masters Degree in Management from the exclusive Bajaj Institute of Management Studies of Bombay University.

He is advised by a team of professors from various top Universities in Canada and international bankers from Asia, Europe and North America.

Rohit owns patent No 288124 for “HANDHELD MOBILE DEVICE FOR WIRELESS COMMUNICATION WITH A BANK AND STORAGE OF BANKING DETAILS” granted by Government of India.

This was selected as one of the top 50 technologies of 2010 by a University of Texas team under the  DST – Lockheed Martin India Innovation Growth Program run in conjunction with FICCI.

Rohit may be contacted at rohit@bomtech.ca

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Take doorstep banking and microfinance to a whole new level.

Realize the dreams of the financially excluded. Bring Microfinance into the Main Stream

Provide rural population access to funds as well as updated balances, at minimum cost.

Reach out to customers in remote areas with BOMTech products without opening branches and service them through the ubiquitous mobile phone. Overcome branch capacity/ location constraints and cut servicing costs.

Plan that big thrust into rural banking and microfinance by providing instantaneous service to all your customers irrespective of minimum balance maintained.

BOMTech products work on a dedicated device or can be loaded on feature phones and work on Short Messaging System (SMS) connectivity.

Imagine providing customers in areas far away from a bank branch a passbook that is updated real time whenever the account is transacted and gives access to cash withdrawal/ deposit. Passbook that contains information on loans, savings accounts, crop prices, input costs for rural areas whatever, we will customize to your requirements.

No reconciliation problems for collections from millions of accounts of the financially excluded whom you can now service!

SAVINGS
Imagine the savings - integrating this BOMTech solution costs less than the cost of setting up just one bank branch.

SECURITY
No changes need to be made to your existing IT systems so no disruption to your services. We provide full onsite support for installation and maintenance of our proprietary interface and applications. PIN protected, just like ATM transactions and transmissions are all encrypted.

No worries if the phone is lost. Details can be updated by SMS as soon as the customer loads applications on a replacement phone.

BOMTech applications are yes/no menu driven and as intuitive as the phones now being used by millions all over the world irrespective of culture, education, climate.

TRULY A BANK IN YOUR CUSTOMERS POCKET
Now in Everyone’s Pocket.

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Putting the Bank in your Customer’s Pocket

Reach out to customers without opening branches and service them through the mobile phone. Overcome branch capacity/ location constraints.

Plan that big thrust into rural banking, microfinance and provide instantaneous service to all your customers.

BOMPassbook is a proprietary software that can be loaded on normal phones and works on Short Messaging System (SMS) connectivity.

An exceptionally effective solution to increase your reach and bring down service costs dramatically.

Imagine no tellers, no ATMs and yet customers have a passbook that is updated real time any time the account is transacted.

Give your customers the same instant service they are used to on their mobile phones.

No long walks to the bank/ waiting in queues for such mundane activities as updating passbooks, checking balances, paying bills, transferring money and even depositing and withdrawing cash!

SAVINGS
Imagine the savings - BOMPassbook solution costs less than the cost of setting up one bank branch.

SECURITY
No changes need to be made to your core banking systems so no disruption to your existing services. And we provide full onsite support for installation and maintenance.

BOMPassbook is PIN protected, just like ATM transactions and transmissions are all encrypted.

No worries if the phone is lost. Details can be updated by SMS as soon as the customer loads BOMPassbook on a replacement phone.

TRULY A BANK IN YOUR CUSTOMER’S POCKET

Contact us for a demonstration
Our local partners can set one up quickly

Banking without Barriers

BOMPassbook provides the ultimate flexibility in reaching out to customers without incurring the huge cost and time of setting up expensive infrastructure.

All you need is one branch license and you can tap into customers all over the country

That is why we call this Bank in your pocket Banking without Barriers. A solution to make profits even from low population density areas.

A Retail banker’s dream come true

Establish reach and instant servicing capability to thousands at the cost of setting up one branch

Close

 

Putting the Bank in your Customer’s Pocket

Reach out to customers without opening branches and service them through the mobile phone. Overcome branch capacity/ location constraints.

Plan that big thrust into rural banking, microfinance and provide instantaneous service to all your customers.

BOMPassbook is a proprietary software that can be loaded on normal phones and works on Short Messaging System (SMS) connectivity.

An exceptionally effective solution to increase your reach and bring down service costs dramatically.

Imagine no tellers, no ATMs and yet customers have a passbook that is updated real time any time the account is transacted.

Give your customers the same instant service they are used to on their mobile phones.

No long walks to the bank/ waiting in queues for such mundane activities as updating passbooks, checking balances, paying bills, transferring money and even depositing and withdrawing cash!

SAVINGS
Imagine the savings - BOMPassbook solution costs less than the cost of setting up one bank branch.

SECURITY
No changes need to be made to your core banking systems so no disruption to your existing services. And we provide full onsite support for installation and maintenance.

BOMPassbook is PIN protected, just like ATM transactions and transmissions are all encrypted.

No worries if the phone is lost. Details can be updated by SMS as soon as the customer loads BOMPassbook on a replacement phone.

TRULY A BANK IN YOUR CUSTOMER’S POCKET

Contact us for a demonstration

Our local partners can set one up quickly

Banking without Barriers

BOMPassbook provides the ultimate flexibility in reaching out to customers without incurring the huge cost and time of setting up expensive infrastructure.

All you need is one branch license and you can tap into customers all over the country

That is why we call this Bank in your pocket Banking without Barriers. A solution to make profits even from low population density areas.

A Retail banker’s dream come true

Establish reach and instant servicing capability to thousands at the cost of setting up one branch

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Portfolio in your Customer’s Pocket

Imagine if customers can be kept abreast of price moves 24x7 along with its impact on the individual’s portfolio. And the ability to place instantaneous orders to buy/sell. All via SMS on their simple mobile phones

BOMFolio is a proprietary solution that works on a dedicated BOMTech device or loaded on mobile phones. Every transaction is retained in a statement form for each scrip giving customers instant access. As and when prices move beyond an agreed limit alerts of only specified shares are generated and are received on the customers mobile phones in the form of a ticker tape running across the face of the mobile phone. The holdings are immediately revalued and the portfolio displayed complete with unrealized gains/ losses.

Placing Buy/Sell orders require just a tap or two on the mobile phone and the orders are sent in a secure manner. Details are kept encrypted on the phone and are PIN protected much like ATM transactions. So no worries if the phone is lost.

All this technology works on the SMS platform. Which means that the features are available wherever there is SMS connectivity. It does not depend on expensive internet service subscription.

No changes are required to the core banking system which means no disruption to your existing services.

Real time info at fingertips=Profits for customers = $$$ for the Bank!!

Trading without Barriers

BOMFolio provides the ultimate flexibility in updating customers portfolio on their mobile phones.

No urgent calls to attend to - info reaches customers real time and they can react directly through the phone - no missed calls, no missed opportunities, lots more deals!

That is why we call this BOMFolio in your pocket Trading without Barriers.

Now you can plan that big thrust to get more wealthy customers with no service issues on portfolio updating as the action happens. A Personal Banker’s dream come true:

Update all customers with news and price movements simultaneously and allow them to trade without having to make any calls!!

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