Money & Banking

DSK Digital unveils device for banking services

Alka Kshirsagar Pune | Updated on March 22, 2013 Published on March 22, 2013

Pune-based DSK Digital Technologies has launched an eco-friendly multi-functional portable device that can work like a bank at door-step, help bridge the urban-rural digital divide and bring a bank to unbanked villages.

The new device, DSK mobiliz, can enable correspondents perform banking operations like opening of accounts, cash deposits and withdrawals with total electronic security.

Unveiling the product, Dr. R.A. Mashelkar, Chairman, National Innovation Foundation, said, “I extend my hearty congratulations to the DSK Group for developing a product that helps bring the rural poor into the financial mainstream. DSK mobiliz has shown India can produce a world-class IT product, which is beneficial for the society at large and not merely to a particular class. It truly empowers rural India.”

He expressed confidence that DSK mobiliz will prove handy for local unemployed youth as they can set up village kiosks to provide computer literacy, Internet access, and value-added services with voice, video and data services.

Powered by the Sun, the new computing device combines a PDA, a tablet and desktop into an integrated, compact portable package. “This device will act as a knowledge-delivery tool for the villages,” D.S. Kulkarni, Founder Chairman & MD, DSK Group, said.

In-built security system

Among its features is an in-built security system — camera, biometric sensor, smart card reader and writer and security access module. Transactions can be updated real time with the help of inbuilt GPRS.   

As a mobile computing device, DSK mobiliz comes with a host of applications for financial inclusion, microfinance, BFSI, dairy segments, e-Governance, field workers in healthcare, data collectors, insurance agents and medical representatives.

It can be used for imparting education and by self help group members to maintain their accounts.

DSK Digital Technologies is a part of the Rs 4,000-crore DSK Group, which has presence in various segments including construction, real estate, automobiles, IT & ITeS products and education.

Published on March 22, 2013
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