PayOpt is a unique highly customizable, secure, on-demand financing solution that helps consumers to apply for a credit line, and financial institutions to approve and undersign the credit. It is a digital, easy-to-use, convenient and flexible platform that reduces risk through real-time visibility of credit exposure and brings down customer acquisition cost through deeper insight into data and risk profiling.
A payment instrument with credit
An ecosystem comprising of financial institutes, networks, retailers, manufacturers and consumers
Dashboard view for all credit related transactions for every customer
Funding made easy through PayOpt – a digital platform competing with traditional lending/credit system
On-demand financing + Accessible credit instrument + Entire ecosystem for credit access and spend + Flexible repayment options
Scroll down to know more about how PayOpt makes borrowing and lending easy
PayOpt is the perfect solution for you and your consumers.
Addresses the aspirations of consumers who want to go with digital channels
Offers high convenience, and flexibility in repayment through a web-enabled and mobile-friendly platform
Reduces risk through real-time visibility on their credit exposure
Brings down customer acquisition cost through better data and risk profiling
Offers more flexibility than personal loans – no minimum amount
Provides easy access to credit
Allows multiple withdrawals
Applies interest only on what you use, not what is approved
Flexible monthly payment: Pay back an equal portion of your loan principal plus a monthly fee. Pay only when you have an outstanding loan balance, without getting locked into rigid monthly installments or carry your dues forward by paying service fees over a period of time of in a single shot.
Autopay: PayOpt simplifies billing by automatically with drawing your minimum payment from your primary account each month. You also can make manual payments at any time.
Consolidated payment: Bundle your outstanding loans into one monthly payment so you don’t have to keep track of multiple repayment schedules.
No hidden charges: At the end of every billing period you can pay your balance in Full or carry it forward for a month/quarter. PayOpt’s flat financing charges % of the amount/ balance carried forward makes it easy for you to know exactly how much would it cost hedge your liability.