Main use cases
This section offers a comprehensive overview of different credit products and scenarios that our platform can handle. Whether you need installment credits or cash advances, MO Manage is equipped to cater to the specific requirements of credit operations across various industries. Please explore the details below to understand how our platform can empower you to effectively manage and optimize your credit offerings.
Installment Credits
Installment credits are a type of loan that can be used by various market segments, as they involve a single disbursement of funds that are repaid through periodic installments. This type of credit can be offered by a bank or neo bank, or in a closed network scenario, such as digital wallets. With MO Manage, it is possible to configure installment credits to be fixed or variable, and to accommodate regular and late interest, as well as additional costs like insurance. It also allows for the creation of different types of installment loans, such as consumer loans, vehicle loans, and mortgages.
Payroll Advance
Payroll advances are a type of credit that is secured against the debtor's salary or pension. This benefit is often offered by employers or authorized financial entities. MO Manage is a platform that can adapt to various payroll cycles and provide repayment flexibility in accordance with relevant regulations on interest and fixed credit costs. This type of credit can be structured as either an immediate payback or deferred over multiple installments.
Buy Now, Pay Later (BNPL)
BNPL, which stands for Buy Now Pay Later, is a credit product that allows users to defer payments in fixed installments. MO Manage provides support for BNPL operations within closed business networks, marketplaces, and single businesses. The platform addresses the complexities of BNPL, from user onboarding and credit applications to the tools and capabilities needed by businesses, including marketing assets, dedicated portals, and dispute resolution processes. Currently, the solution supports digital channels and physical point-of-sale experience.
Cash Advance (MCA)
Tailored for businesses, Merchant Cash Advance (MCA) is a type of funding that provides an advance on future sales. The advance is repaid through automatic discounts on a percentage of business transactions. MO Manage's Credit Core is designed to handle MCA's unique requirements. It can preload business information and support repayment logic for sales discounts. The platform also provides a dedicated end-user portal for businesses that are interested in the MCA experience.
Updated 9 months ago