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
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Key Benefits
Transaction status tracking
Transaction status tracking
Reconciliation of payments
Reconciliation of payments
Timely delivery of subsidies
Timely delivery of subsidies
Complete transparency of payments
Complete transparency of payments
Cost-effective
Cost-effective
Secured beneficiary data
Secured beneficiary data
Fund monitoring
Fund monitoring
Reduced tiers in fund flow
Reduced tiers in fund flow