New Delhi, Oct. 22 -- London-based Paymentology, a cloud-native global-issuer processor, has launched 'PayCredit' an advanced credit ledger platform specially designed to help financial institutions deliver tailored, feature rich credit products at speed, overcoming the limitations of legacy and core banking systems.
'PayCredit' simplifies the process of configuring and managing credit programmes, supporting customisable limits, interest rates, billing cycles, and repayment models all via a single platform.
PayCredit was developed from the ground up with credit billing cycles and logic at its core, making it easy for issuers to build products that reflect real-world behaviours from revolving balances to instalments and Buy Now, Pay Later ...