Pay4me
| Loan type | renewable credit line for grocery stores |
| Loan currency | AMD |
| Loan amount | 300,000-5,000,000 AMD |
| Lending type | non cash |
| Annual interest rate | 18-24% |
| Loan lending term | 12 months with extension |
| Loan security | without pledge and guarantee |
| Loan repayment | By the 10th of each month, the customer is obliged to pay at least 10% of the accumulated interest on the remaining amount of the previous month. At the end of the month, the accrued interest is capitalized before that day. |
| Loan service fee | not required |
| Loan lending payment | not required |
| Cash withdrawal fee | is not charged |
| Loan approval | in 1 day after presentation of required documents |
| Descrition |
Pay4me is an online financial lending platform in Armenia that provides online payment for merchandise purchased by merchants (hereinafter referred to as the Customer) Pay4me provides merchants with 24/7 access to cash to pay for goods online (via mobile phone և computer). It enables suppliers to develop non-cash turnover at retail outlets while minimizing cash flow between suppliers կետ trading outlets և. |
Updated:12/02/2021 10:38:51