Payment Gateway Finance
Payment Gateway Partner
Get cash against your future receivables from your Payment Gateway
Avail a working capital line against your future expected payments from Payment Gateway on your eCommerce Sales. Invoice Bazaar, an SME working capital provider has partnered with PayTabs to help eCommerce Sellers in UAE get access to
finance against their sales.
You need to authorize PayTabs to share information about your business and we can revert within 48 hours with a term sheet*.
How does this work?
Authorize Data Access
Allow PayTabs to Share Sales Data on your business with Invoice Bazaar
Sign up with Invoice Bazaar
Complete the legal documentation for the working capital line
Invoice Bazaar will remit funds to your bank account within 24 hours of completion of documentation
Invoice Bazaar is a UAE based Receivables Finance platform that facilitates suppliers get early payment from Buyers. Invoice Bazaar was setup in 2016 and has been an active player in the world of Receivables Finance/Supply Chain Finance.
PayTabs and Invoice Bazaar have partnered to help SMEs using PayTabs Payment Gateway to help them with their working capital so that merchants can avail liquidity to make supplier payments.
Once you authorize PayTabs to share your sales data, Invoice Bazaar credit engine takes a credit decision based on your vintage, rating and weekly sales data. This will require you to authorize PayTabs to make your future sales
proceeds to be credited to your nominated Virtual Bank Account with Invoice Bazaar towards the liquidation of the credit facility
As long as you keep providing authorizations and sign up all the documentation, you could expect liquidity within 72 hours from the time you sign up. This could be a revolving line and we can keep funding you as soon as the
previous tranche is paid out.
Invoice Bazaar would typically fund you your next 4 weeks of expected sales. The fee for this service is fixed at 3% of the monthly sales value on PayTabs. The initial legal documentation and the setup fee would be AED 525