PAYMENT MODE
NBFC Marketplace
Available through ShopSe for merchants and lenders.
OVERVIEW
What Is the NBFC Marketplace?
ShopSe’s NBFC Marketplace connects businesses with participating banks and NBFCs through a technology platform that enables customers to explore available financing options at checkout.
ShopSe’s NBFC Marketplace connects businesses with participating banks and NBFCs through a technology platform that enables customers to explore available financing options at checkout.
ShopSe’s NBFC Marketplace connects businesses with participating banks and NBFCs through a technology platform that enables customers to explore available financing options at checkout.
Instead of filling out separate forms for different lenders, customers can submit a single form to check their eligibility across multiple participating lenders. Available options depend on customer eligibility, lender policies and product availability.
Instead of filling out separate forms for different lenders, customers can submit a single form to check their eligibility across multiple participating lenders. Available options depend on customer eligibility, lender policies and product availability.
BENEFITS
Benefits of the NBFC Marketplace
For Merchants
Single Form, Multiple Lenders
Single Form, Multiple Lenders
Enable customers to check eligibility across participating banks and NBFCs through one application journey.
Enable customers to check eligibility across participating banks and NBFCs through one application journey.
Expand Financing Opportunities
Expand Financing Opportunities
Give eligible customers access to available lending options.
Give eligible customers access to available lending options.
Address Affordability Barriers
Address Affordability Barriers
Help customers manage eligible purchases through monthly instalments.
Help customers manage eligible purchases through monthly instalments.
Simplify the Checkout Journey
Simplify the Checkout Journey
Bring financing applications into the digital purchase experience.
Bring financing applications into the digital purchase experience.
Offer More Payment Choices
Offer More Payment Choices
Complement Pre-approved EMI and Credit Card EMI through ShopSe’s affordability stack.
Complement Pre-approved EMI and Credit Card EMI through ShopSe’s affordability stack.
For Lenders
Expand Merchant Reach
Expand Merchant Reach
Connect with businesses across eligible product and service categories.
Connect with businesses across eligible product and service categories.
Access Purchase-Intent Customers
Access Purchase-Intent Customers
Reach customers exploring financing for a specific purchase.
Reach customers exploring financing for a specific purchase.
Streamline Application Access
Streamline Application Access
Receive customer applications through a single digital journey facilitated by ShopSe.
Receive customer applications through a single digital journey facilitated by ShopSe.
Build Merchant Relationships
Build Merchant Relationships
Explore distribution opportunities through ShopSe’s merchant network.
Explore distribution opportunities through ShopSe’s merchant network.
HOW IT WORKS
How it works
1
The customer selects NBFC Marketplace at checkout.
The customer selects NBFC Marketplace at checkout.
2
The customer fills out a single form to check eligibility across multiple participating banks and NBFCs.
The customer fills out a single form to check eligibility across multiple participating banks and NBFCs.
3
Available financing options are presented based on lender responses and eligibility criteria.
Available financing options are presented based on lender responses and eligibility criteria.
4
The customer selects an available option and completes the required application, KYC and verification steps.
The customer selects an available option and completes the required application, KYC and verification steps.
5
The selected lender independently assesses the application. Following approval and completion of applicable requirements, the transaction proceeds.
The selected lender independently assesses the application. Following approval and completion of applicable requirements, the transaction proceeds.