SpeedCollect for Mobile
Citibank has developed this customized
bill payment and reconciliation system for cellular phone
companies. Mobile phone subscribers enjoy the flexibility
of paying their bills through local checks at Citibank branches
or designated TCS Express Centers as well as in cash at designated
branches of correspondent banks. Regardless of where the payment
has been made, we have a sophisticated monitoring system in
place to ensure timely consolidation and download of the data
to the cellular companies.
Citibank is responsible for end-to-end
monitoring of the process and all queries are handled by our
dedicated customer service unit, insulating the customers
from having to deal with any other banks or courier companies.
This pioneering initiative is a win-win scenario for the mobile
phone companies and their subscribers, in the spirit of innovation
and product leadership that has become the hallmark of our
cash management product portfolio.