Table of Contents
- HOW TO USE AND SET-UP SURE CASH: AN OVERVIEW OF SURECASH
- Homegrown innovation
- SURECASH USAGE
HOW TO USE AND SET-UP SURE CASH: AN OVERVIEW OF SURECASH
Sure Cash is an online banking app and website being launched in Bangladesh to help people as a working and mobile bank service around the country. MCWBangla tried to find an introduction and way to use this amazing Sure Cash for its readers. Sure Cash is an online mobile banking and networking platform for easy banking and networking services in the country, Let us understand Sure Cash and its usage method.
Introduction to SUR ECASH:
Sure-Cash is a Mobile Financing Service (MFS) offering online mobile payment and networking services. It is a platform formed in Bangladesh for its users to benefit. MCWBangla has looked over this amazing platform and come to the conclusion that it is used for outlying government allowances, hires, and other government deals. Like other Bangladesh mobile app services like Bikash, Nagad, or Upay, Sure Cash also started its journey as an MFS platform in Bangladesh. However, Sure Cash concentrated and worked more on digitizing government and private institutions than bringing mobile fiscal services to the general public of the country. Several rumors about Cash have surfaced in recent times for colorful reasons, including reports from Bangladesh Bank and other news outlets. In 2016, Rupali Bank began outlying hires to Bangladeshi scholars through Sure Cash, but the Ministry of Primary and Mass Education issued a warning against SureCash, professing that numerous scholars’ finances are stuck there. Five banks give service through Sure Cash, but presently, only state-owned Rupali Bank is furnishing MFS service through Sure Cash.
Sure Cash author and CEO Dr. Shahadat Khan was born in 1967 in Bikrampur, Munshiganj quarter. He is the owner of Sure Cash.
Sure Cash was established in 2014 with the objective of giving a range of versatile money related services to the unbanked populace in Bangladesh and a long-term vision to be the head ‘digital money related services’ supplier within the nation. The company tied up with nearby retail comfort stores and portable phone shops to provide monetary administration to its clients. The beginning approach, based more on portable administration, was based on a specialist managing an account structure. This implied giving restricted scale to managing an account and money related administrations through locked in operators beneath an office understanding instead of a teller/cashier framework. Sure Cash was in this way the proprietor of an outlet that conducted managing account exchanges on behalf of a bank, and to this great conclusion, it had collaborated with five other banks in conjunction with building up collaboration and marvellous understandings with portable arrange administrators and other accomplices.
In early 2017, Sure Cash made history by transporting the nation’s Essential Instruction Stipend Venture (PESP) onto its digital stage. Within the handle, it effectively opened accounts for 10 million ladies in Bangladesh and transferred the stipends to their accounts. Be that as it may, in spite of this huge bargain, CEO Shahadat Khan was on the lookout for modern development openings that might be made for his moderately small company.
The MFS segment in Bangladesh was basically an oligopoly ruled by two expansive players: bKash, which held more than half of the advertise share, was followed by the Dutch Bangla Bank Restricted (DBBL), which claimed almost one-sixth of the subscribers’ advertise share at a related rate. With counsel from CGAP, Khan was considering the kind of growth strategy a player like SureCash seemed to execute in such a showcase.
The Sure Cash computer program stage had been created inside, leveraging web-based advances. As the backend stage was built and controlled by the company, tweaks, improvements, and adjustments took less time as compared to commercial stages. The complete program advancement lifecycle, counting testing and generation upkeep of benefit arrangements, was all done in house. Being able to control its whole innovation stack was a clear advantage for Sure Cash. Other Mobile Finance Service suppliers within the nation regularly procured stages built by third-party outside companies, who were unable to meet the most interesting needs of the nearby clients. The Sure Cash stage was planned to be quick, extremely rapid, real-time and dependable, with the utilization of the portable phone as the essential exchange interface.
Now we will focus on opening a Sure Cash account through one of its accomplices as a straightforward handle advertised as free to the customer. Customers might go to any specialist outlet within the nation in their locality with their versatile phone (the portal administrator is required to be an accomplice of the company), verification of character, and a photo. Once the authentication and information submissions were completed and confirmed, the client would get an affirmation code indicating that the account had been opened. From that point, they may get profit to an extent from administrations counting cash-in, cash-out, cash exchanges between people (P2P), cash exchanges from business/organisations to people (B2P), charge in installments, shipper installments, portable top-ups, and collections.
Beyond any doubt, Cash
Beyond any doubt, Cash Account Check – *257
To Store Cash in your Sure Cash account, if you don’t mind, take these steps:
Visit any authorized Sure Cash operator or retailer,
Compose down your Sure Cash account number (which is your portable phone number and a check digit) and the store sum you would like in the agent’s log book.
Pay the amount to the operator in cash.
A retailer will enter the store handle into your Sure Cash account number.
You can also check affirmation SMS after some time by taking off the operator counter.
2. WITHDRAWAL (Cash Out)
You’ll get your cash back from your Sure Cash account from any Sure Cash operator. To pull back cash from your Sure Cash account, you can go through the following steps:
· Visit any authorized Sure Cash agent.
· Type in your Sure Cash account number and the sum you would like to pull back in the agent’s log book.
· Dial Sure Cash USSD code appeared within the graph to urge a menu.
· Select “Withdraw” by answering 7.
· Enter the agent’s Sure Cash account number and the sum you need to get back.
· Enter your 4-digit Stick to affirm the exchange.
· You and the retailer will get SMS with respect to fruitful cash withdrawal.
The shop retailer will pay withdrawal sum to you in cash.
It would be ideal if you checked the cash sum and affirmation SMS some time after clearing out the operator counter.
3. SENDING MONEY
Send Cash permits you to exchange cash from your Beyond any doubt Cash account to another Beyond any doubt Cash account. To send cash, it would be perfect in the event that you taken after these steps:
· Dial Sure Cash USSD code appeared within the graph to induce a menu.
· Select “Send Money” by answering 1.
· Enter the recipient’s Sure Cash account number and the sum you would like to send.
· Enter your 4-digit PIN to confirm the exchange.
· If you don’t mind, check for affirmation SMS with respect to fruitful exchange.
4. ADJUSTMENT CHECK
You can check your portable account’s adjustment anytime by following these steps:
The Dial Sure Cash USSD code appeared within the chart to induce the menu.
· Select “Check Balance” by answering 4.
· Enter your 4-digit Stick to affirm the exchange.
· Check your account settings on your versatile phone’s screen.
You’ll be able to make any installment using your Sure Cash portable account by following these steps:
· Dial Sure Cash USSD code appeared within the chart to induce the menu.
· The “Payment” choice by answering 2.
· Enter the payment catchphrase of the organizations/institute/merchant for the installment.
· Enter your charge number for utility installments /client ID for instructional institution installments.
· Enter your 4-digit Stick to confirm the installment.
· If it’s not too much trouble, check the confirmation SMS of effective installment.
6. PORTABLE SERVICE
From your Sure Cash account, it’s simple to initiate activation of any portable phone by buying broadcast appointment at any minute by following these steps:
· Dial Sure-Cash USSD code appeared within the graph to induce the menu.
· Select “Mobile Recharge” by answering 3.
· Enter the portable phone number to energize.
· Enter the sum to revive.
· To total the exchange, enter your 4-digit Stick.
7. CHANGES TO THE ACCOUNT
You’ll be able to alter your versatile account’s pin code anytime by utilizing the following steps:
· Dial Sure-Cash USSD code as it appears within the diagram to urge the menu.
· Select “Change PIN” by answering 6.
· Enter your current 4-digit pin.
· Now enter your modern 4-digit pin.
· To confirm, enter your modern 4-digit pin code.
· You may get an SMS regarding a fruitful Stick altar.
MFS EXCHANGE PROGRAM:
A normal MFS exchange task from a Sure Cash client is put over Unstructured Supplementary Benefit Information (USSD) through a menu-driven client interface on the customer’s versatile phone.
For over-the-counter (OTC) wallet-to-wallet settlement, clients had to visit an operator outlet to execute the exchange. They have given the sum to exchange in cash to the specialist or retailer and indicated the recipient’s account number. The specialist or retailer at that point performed the exchange on his/her mobile phone or any electronic gadget.
Now, summing up all the things we tried to make clear, Sure Cash isan amazing platform to allow people to use banking services with just their handy mobile phones. Billing, payments, transactions, and recharges are all extremely easy and quick with this platform. MCWBangla makes an amazing effort to make your queries sorted and clear about Sure Cash, its services, and how to use them. I hope you find it useful.