Merchants using eCourier to get instant payments on delivery
Online parcel delivery platform eCourier has launched an InstaPay payment service, enabling e-commerce and F-commerce sellers to get payments right after their products reach customers.
The merchants usually receive their payments from logistics partners once a week for cash-on-delivery sales.
The service aims to eliminate the payment delays for entrepreneurs, especially those who run small and medium size operations and have very limited working capital.
"Once the delivery is completed, our delivery personnel will confirm this in our automated system," said Biplob G Rahul, founder and chief executive officer of eCourier.
"Then the payment, after taking the logistics delivery service fees, will be transferred to the preferred accounts of the merchants," he said.
Currently payments can only be received through bKash. More banks and mobile financial service providers will be included in the future.
Launched in 2014, eCourier has home delivery and store pickup and return services. It has 10 offices and over 350 employees with 50 channel partners who deliver for more than 25,000 companies and businesses.
Comments