Akinin narrated how merchants would use a platform’s BNPL offering, generate revenue, and proceed to pay for the next invoice with this profit or purchase stock from another supplier in an entirely different supply chain.
Shop owners who intend to offer loans to their end consumers get higher credit lines from Chari, which shares the data collated from Karny (on end consumers’ purchasing behaviour) with FMCG companies that pay for the cost of the higher loans.
Karny gives Chari valuable data on the loans provided by grocery stores to their customers and allows Chari to credit-assess the unbanked shop owners, determining the most applicable payment terms to give each.