Remote Banking Using Handhelds
After purchasing a company with tablet technology, Alok Khare was hired by GeoAmida to make the company market driven. The business plan needed to be in place, and the device was in the initial stages of acceptance in the market. The market indicated a potential for significant growth.
Alok
Repurposed the tablet design into a handheld Linux-based device to become a mobile ATM. Using the device, the bank transactions were done remotely from the villages. it featured
Introduced the product to the new segments
Conceptualized, Product Managed, and Introduced a new Point of Sale Device
Alok
- Integrated production, Sales & Marketing, Development, Operations & Support into a market-driven company.
- Created and executed Business Plan
- Achieved three times revenue growth in four years
Repurposed the tablet design into a handheld Linux-based device to become a mobile ATM. Using the device, the bank transactions were done remotely from the villages. it featured
- Fingerprint recognition to establish the identity
- Remote transactions through GPRS
- Payments through credit cards
- PCI certification
- Thermal Printer
- Keyboard
Introduced the product to the new segments
- Stock taking in the retail stores
- Traffic police ticketing with on-the-spot payments
- Parking lot ticket sales with payments
- Transportation with GPS tracking
- Poultry weight management
- POS integrated with a payment device, inventory, and reordering
Conceptualized, Product Managed, and Introduced a new Point of Sale Device
- For the retail counters
- Based on Tablet
- Connected to the external payment device
- Real time inventory update and reordering in the coffee shops