How can we offer lending functionality to customers?
Whenever a transaction is failed due to insufficient credit, customers can be given the option to borrow funds in order to complete the transaction.
Is this option automatically offered on all failed transactions due to insufficient credit?
No, this option is only applied on specific services with specific transactions. We are also able to assign specific eligibility criteria for users.
How will the customer refund the loan?
Once the customer recharges his line, the due amount will be deducted from his balance.
Is there a threshold for the loan amount?
This varies according to the agreement with the operator.
Will there be any delay on the settlement cycle, if we apply this service?