Financial Inclusion has emerged as a tool for the social-economic development of the society. The basket of financial services under Financial Inclusion will create an opportunity to capture the under-served market, fulfilling corporate social responsibility thereby driving the economic growth of the country.

The Business Correspondent (BC) model (sometimes known as 'banking correspondent') is a conventional solution that delivers financial services to the under-served population through a human banking agent supported by technology.

As a solution for doorstep banking, this model has evolved over a period of time and has been implemented successfully by various developing countries including Brazil, India and Bangladesh. Several MFIs, SHGs, public/private sector/ rural banks follow this model whose promise is to deliver financial services to the geographically divided population tapping local resources. Their objectives are to reduce cost, provide ease-of-use and to drive 'small ticket', high-volume transactions.

StarFIPS is an innovative solution to facilitate banks and MFIs to address a large section of the financially under-served population by taking the banking service to doorsteps of the customers. It has been employed in the BC model to aid the financial inclusion process for the Hand-Held Devices. It supports both Online and Offline transactions with PIN and Biometric Authentication.