VARADAA LLP

In their own words

The present invention is a system (100) for secured electronic transaction instrument management through an application. comprising 1. A Paperless Cheque image generation product and a supporting system that will manage and monitor the entire cheque life cycle and support multilingual and bulk operations 2. One or more processors and a memory communicatively coupled with the one or more processors 3. The memory stores one or more executable instructions that cause the one or more processors to receive an electronic transaction instrument request from an authorized user through at least one customer access channel associated with an enterprise transaction processing system. 4. The system generates a. A configurable unique transaction identifier for each secured electronic transaction instrument; b. Creates an institution-unit-specific personalized electronic transaction instrument image corresponding to the generated configurable unique transaction identifier, c. Activates access to the secured electronic transaction instrument upon completion of a multilayer authentication process, and enables transaction authorization through a transaction submission interface. 6. Accessed and operated through CBS channels front-end. No separate front-end for this application 7. Cost and Effort saving new product with innovative process 7. Paperless cheque image creation with a parameterised Unique Identification number (UIN). 8. Accessed and transferred through QR CODE and or BAR CODE 9. Supports multilayered Authentication process including a KYC based Security questions and security code in addition to CBS Credentials Validation

Written by the company on its public Startup India profile. Not verified by us.