The demand for high-speed and seamless internet services is rising quickly across the nation as a result of India’s rapid foray into the digital transformation path, particularly in the financial services sector. According to a survey report¹, more than nine out of ten mobile phone users in India, complained about poor wireless connectivity, and two-thirds struggled with disrupted digital payments on…
Category: Product
Accelerating digital loan repayments with Billzy
Launching a recurring auto-debit feature Many of the loan customers for banks and NBFCs end up defaulting on their EMIs due to the auto-debit facility not being set up correctly, or failure. Such inadvertent missed repayments may hamper the credit profiles of genuine customers. On the other side of the spectrum, failed payments for lenders can quickly turn into lost…