Pay1 Distributor 5.0.8

The Distributor app is a purpose-built solution tailored for individuals engaged in the distributorship business. This application serves to streamline daily operations for distributors across various sectors, including FMCG, Telecom, and Pharma. Users can leverage a suite of features designed to enhance business management, such as invoice management, payment collection, and meticulous record-keeping.

Key Features of the App:

• For Non-Pay1 Distributors:
  • Facilitate digital payments from clients.
  • Maintain 'Khata' by accurately recording credit and debit transactions.
  • Efficiently manage and record invoices.
  • Access options for credit and small business loans.
  • Utilize the in-app distributor support panel for prompt assistance.
• For Pay1 Distributors:
  • Manage and monitor retailer performance effectively.
  • Easily transfer balances to retailers.
  • Maintain comprehensive transaction records within 'Khata.'
  • Send automated payment reminders to retailers through the Merchant app.
  • Add, manage, and transfer balances to sales staff seamlessly.
  • Access convenient top-up options and submit limit requests to Pay1.

Loan Disclaimer: The app provides access to loan facilities through our digital platform, subject to approval of all loan requests.

Loan Details:

• Principal Amount Range: Rs 2,000 to Rs 5,00,000
• Tenure: 6 months - 24 months
• Maximum APR (Annual Percentage Rate): up to 33%
• Interest Rate: 12% - 30% flat per annum
• Processing Fees: 1.5% - 3%

For instance, a loan processed with a principal amount of Rs 50,000 payable over 12 months would incur an interest charge of Rs 7,500 (at a flat rate of 15% per annum) along with a processing fee of Rs 1,180 (which includes an 18% GST on the processing fee amounting to Rs 180), leading to a total repayment amount of Rs 58,680.

For any inquiries or additional information, please contact us using the details provided below:

Distributor Support Information

• Call: 022 42932297
• Email: [email protected]
• WhatsApp for Business: 022 67242297

To learn more about our company, visit www.pay1.in.