The Digital or virtual bank provides a pre-created account for each entity.
Provide a white-labelled solution to enable customers to move funds from one entity to another.
Provide a white-labelled solution (online payment gateway) which allows to make online payments through local scheme.
Customers will have the choice of activating the accounts by performing KYC procedures in order to use it for making payments.
Allow account management (KYC, opening account, managing transactions).
Allow banked customers as well as unbanked customers to use their Digital Bank account, however unbanked customers will have access to limited services.
Allow the creation of transaction limits.