Development Credit Bank: Sophisticated Payment Processing

Development Credit Bank (DCB) is built on over 77 years of trust, tradition and togetherness. DCB was converted into a Scheduled Commercial Bank on May 31, 1995, in the wake of India’s economic liberalization. It was the only co-operative bank, which successfully crossed over and thrived in the face of change. DCB is one of the emerging private sector banks in India. DCB aims to provide a comprehensive suite of best-in-class products for specific market segments in chosen locations.

The Challenge:

DCB was looking to implement a sophisticated payment processing solution in order to remain competitive in the marketplace. Key challenges included:

Providing user-friendly set up to the bank
Meeting aggressive implementation deadlines

The Solution:

aurionpro's payPro product, part of the iCashPro solution suite, was implemented to meet DCB's payment processing requirements while providing a web-based interface that could be easily adopted by the Bank's employees.

The Results:

Satisfied customers with increasing clientele
Gamut of essential and good-to-have features adding immense value to the business expansion
Superior Performance efficiency in handling large volumes
Converted opportunities into a lucrative business in shorter time span
High level of efficiency in operational process

* Formulated newer business strategies by using unique features of payPro