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What is CollectNearby?

The CollectNearby solution digitizes cash collection and eliminates the challenges that arise due to cash payments made for EMI payments, payments, and fees collected in bulk, and cash handling and management at the collector’s end.

 

FMCG organizations can implement the CollectNearby solution across their distributor-retailer channel and simplify the complete payment collection and incentive disbursal processes. Using the solution, NBFCs or Insurance companies can enable their customers to deposit their EMIs or premiums at their nearby retailers.

 

It reduces the cost of digitizing the cash collected in bulk and helps in auto-reconciliation and faster settlement allowing enterprises to gain complete visibility of their collection status.

What Does CollectNearby Help Solve?

Key Benefits of CollectNearby

How Does CollectNearby Work?

Who Can Use CollectNearby?

CollectNearby is best suited for FMCG organizations with large distributor-retailer channel network, financial enterprises that need to collect loan EMIs and/or insurance premiums from their consumers, and organizations that need to collect their fees in bulk.

Want to know more about how your organization can implement CollectNearby solution for its retailer network?

Write to our Enterprise Solutions Team
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