Pioneering achievements
Being a pioneer in the sector, Sarvatra has continuously evolved into a leading end-to-end solution provider for urban, semi-urban and rural banking sectors, thereby always striving to stay ahead on the technology curve.
Some of our pioneering achievements and accolades are:
- India’s first ASP certified by NPCI to provide switch-to-switch connectivity under sub-membership model for nationwide connectivity through NFS’ ATM and IMPS network
- India’s first ASP to get a sub-member bank live on IMPS
- India’s first ASP to get a sub-member bank live on RuPay Debit and RuPay E-com
- Winner of the Economic Times BFSI Innovation Tribe Award 2018 in “Technology” category for ‘Sarvatra EFT Switch’
- Awarded “Best Banking Tech” of the year 2019 by IAMAI (Internet And Mobile Association Of India) for ‘Sarvatra EFT Switch’
Product evolution
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2000
Total Bank Automation (TBA)
We started out with our TBA product BankEasy™ specifically designed and developed for use by the urban co-operative banks in India.
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2006
POS-based Banking, CBS
To overcome infrastructural hurdles of co-operative banks, we developed our patented POS-based solution, in addition to a conventional CBS.
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2010
EFT Switching (ASP model)
We were the first ASP in India to go live with NPCI and offer EFT Switching services on a shared basis to our client banks. Today, we maintain our leadership position with 54% market share in RuPay NFS sub-membership.
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2013
IMPS, KCC for PACS, AEPS & eKYC
We continued offering latest services like IMPS and innovative solutions to our clientele, ensuring that they stay ahead.
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2015
E-Com, IMPS at Branch, VAS, Mobile Banking App (White Label)
We helped our clientele adopt the trending digital payment solutions like E-commerce and mobile banking solutions to keep their end customers satisfied.
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2017
UPI Switch, UPI Mobile App, Aadhaar-based Payment App, Cash@POS, Prepaid Cards / Wallet Host, Assisted E-Commerce, NETC, BBPS, Card Security App, Integrated Platform
We have embraced new technologies and, as we go on towards the future, we intend to exploit the full potential of new technologies to empower our clientele.
I am happy with the pace of work (in developing the UPI solution for ICICI Bank). It is also very encouraging the way you are tracking the progress. I am more confident that we can meet the deadline successfully.
