Authorized Cash Management Service (CMS)

cash management

The 'Digital India' is a great initiative to revolutionize conventional methods It is enabling banks to provide solutions to corporate, which is triggering cashless mode of transaction. This has provided an unprecedented opportunity for corporate to digitizing their financial transactions and benchmark treasury management with the best-in-class practices.

The state-of-the-art Onkk Recharge Network Cash Management Services is leveraging on this opportunity by bringing the benefits of this digital integration to its Corporate and customers. The product aims at creating a digital eco-system for the customers through a seamlessly connectivity with their customers, suppliers, employees, and revenue departments for the exchange of financial information and transactions.

The Cash Management System coupled with Onkk Recharge Network’s unmatched branch network will enable the corporates to accelerate their receivables, enhance control over their payments and enable just-in-time funding.

The Cash Management Services (CMS) enables faster realization of funds and thus giving the ability to sell more while lowering need for working capital and knowing which invoices have got paid.

Cash Management Service (CMS) is now available at Onkk Recharge Network web portal, currently allow Onkk Recharge Network retailers to accept Payments of various billers. Now accept your Customer’s Loan EMIs and get instant credit in their respective biller account. Onkk Recharge Network is providing attractive instant commissions on CMS service.

Cash Management System benefits the agent network in rural and semi-urban area to keep requisite cash within their outlets for cash out services. This added service would benefit the agent network in terms of earnings and make it possible to make cash easily available for the last mile of the society via the agents

CMS Cash Pickup Services

This system allows food aggregators such as Zomato and Swiggy to deposit their cash at nearby stores rather than travelling long distances to their respective hubs or banks. Additionally, the cash collected would assist partners like LnT Financial Services
,Home Credit, Onkk Recharge Network Pvt Ltd, Swiggy, Zomato, DMI Finance, Margdarshak Financial Services, Xpressbess, Arohan, Hero Fincorp, SHRIRAM TRANS FINANCE COMPANY LTD, IDFC Hero Finco etc. in their EMI and cash collection business. The cash collected at the Onkk Recharge Network-enabled stores will then be reflected in the bank accounts of these service providers via enablement done by Onkk Recharge Network and Airtel.

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