the problem
Agents field work for loan recollection
Travelling across the city for the payment recollection process makes agent frustrated throughout the day.
Collection of loan payment is a hectic process for agents doing the field work. Now a days loan payment methods are completed through online apps without agent presence. Requires a payment gateway suitable for customers to repay the amount trough app.
Travelling across the city for the payment recollection process makes agent frustrated throughout the day.
To start understanding the big picture and the problem, I examined the big players in the market as well as parallel markets; finance apps, loan payment apps, banking apps, collection systems and more.
To get agents know about the loan payment customers, list of names will be provided with location, amount and date from the financial service app.
To make it simpler for the customers and agents, we will be adding options for cash payments, scanning the cheque with payment links.
Minimize the process of long loan collection methods. Added value- creating a sense of stress free routine.