AU Smart Connect (Fincare Biz) 1.42.0

Important Update: Fincare Biz has rebranded as AU Smart Connect.

AU Smart Connect - A New Era in Digital Banking

AU Smart Connect, formerly Fincare Biz, is a sophisticated digital banking platform tailored for individuals and micro, small, and medium enterprises (MSMEs). This platform provides two primary functionalities:

• Connector: This feature allows businesses to submit leads for various banking products and earn commissions.
• Merchant: The Merchant section facilitates seamless UPI payments through QR codes and provides a comprehensive transaction history. Additionally, the app incorporates a sound box feature that announces UPI payments in multiple languages, eliminating the need for a physical sound box.

Registration and Activation:

• Connector registration is accessible to all users.
• Merchant accounts require activation by designated sales agents or partners.
• Post-activation, users can leverage the Merchant section, which allows MSMEs to use QR codes linked to their bank accounts with ease.
• The Merchant login includes capabilities such as generating static and dynamic QR codes for payments, receiving sound box notifications, and operating across multiple mobile devices.

Key Features:

• Empowers partners to generate qualified leads for banking products.
• Offers a streamlined paperless onboarding process via eKYC and eSign.
• Facilitates instant lead generation across various banking products.
• Supports network-building between connectors and the bank.
• Enables merchants to accept payments through QR codes with integrated sound box notifications.

Best-in-Class User Experience:

• Digital onboarding completed in approximately five minutes.
• Integration with Aadhaar-based eKYC processes and credit bureaus.
• Automated payout systems for connectors and merchants.
• Diverse business applications across multiple financial products.

Process Flow:

For Connectors:

• Download the AU Smart Connect app and enroll online.
• Log in using the registered mobile number in the Connector section.
• Input prospective leads, which are evaluated instantly based on credit algorithms.
• Leads can pertain to a variety of products such as Secured Business Loans, Affordable Housing Loans, Loan Against Gold, Vehicle Loans, etc.
• Approved leads advance to loan processing or account creation, fully managed by the bank.
• Upon successful closure of leads, payouts are automatically transferred to the connector's bank account.

For Merchants:

• Activate the Merchant section through an AU SFB representative to receive a QR code linked to your bank account.
• Log in using your registered mobile number.
• Create QR codes and process payments efficiently.
• Enhance your experience with sound box notifications and access transaction history.

Why Consider Partnership with AU SFB?

• Simplified digital processes ensure prompt credit checks, expedited approvals, and enhanced customer satisfaction.
• The partnership model maintains transparency throughout lead generation, approval, and disbursement stages.
• A superior user experience is prioritized for both merchants and connectors alike.
• No signup or listing fees are imposed on partners.
• The app incurs no charges for sound box functionality or service usage.
• The platform offers convenient merchant login capabilities featuring multilingual sound box notifications, QR code generation, and transaction history—all consolidated within a single app.