Pay1 Distributor

Pay1 Distributor App: Streamline Your Distribution Business with Ease

If you are a distributor in any industry—be it FMCG, telecom, pharmaceuticals, or others—the Pay1 Distributor app is designed to simplify your daily operations. From managing invoices and tracking payments to maintaining digital records of credits and collections, this app offers a comprehensive suite of tools tailored for distributors.

Key Features for Non-Pay1 Distributors:

– Accept digital payments from your retailers and dealers effortlessly. – Maintain a digital ‘Khata’ to record all credit and debit transactions. – Efficiently create, manage, and store invoices. – Access credit and small business loan facilities. – Resolve queries quickly through the in-app distributor support panel.

Enhanced Features for Pay1 Distributors:

– Add, monitor, and evaluate retailer performance. – Transfer balance securely to retailers. – Keep a systematic record of transactions for Khata management. – Send payment reminders directly to your retailers via the Merchant app. – Manage and transfer balance to sales team members. – Top-up options and the ability to request loan limits through Pay1.

Loan Facility Details:

We facilitate loans through our digital platform, subject to approval. – Loan Amount Range: ₹2,000 to ₹5,00,000 – Tenure: 6 to 24 months – Maximum Annual Return Percentage (ARP): Up to 33% – Interest Rate: 12% to 30% per annum (flat) – Processing Fee: 1.5% to 3%

Example: For a loan of ₹50,000 repayable over 12 months at 15% p.a. interest, the interest payable would be ₹7,500. With a processing fee of ₹1,000 (plus 18% GST ₹180), the total amount due would be ₹58,680.

Contact Support:

For assistance, reach out to us via: – Phone: 022 42932297 – Email: [email protected] – WhatsApp for Business: 022 67242297

For more details, visit: www.pay1.in