FSS, CSB Bank to open 1,000 Smart Cash franchisees for financial inclusion

Modelled on a branch-in-a-box service concept, Smart Cash franchisees would offer affordable banking, investment, credit, and insurance products to target segments

Financial Software and Systems (FSS), a leading provider of integrated payment products and a payments processor, has joined hands with CSB Bank have to deliver hyperlocal banking services to financially underserved segments. Under the this partnership, CSB Bank and FSS plan to open 1,000 Smart Cash franchisees in semi-urban and rural areas across the country to expand the adoption of financial services among the underserved segments.

In order to bridge infrastructure gaps at the last