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minor addition on AirPlus. just want to know is there any...

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H&AT

228 Posts.

70

07/02/24

12:02

Post #: 72281278
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Originally posted by H&AT: ↑

looks like they more turning into B2C as card payments are more transacted and better revenue from card payments than B2B that can bring them into CF+. B2B are huge payments and generally preferred method would be direct transfer where revenue is less.

B2B is only successful when they use lending i.e through AirPlus, businesses would be skeptical using AirPlus at this moment they will only use AirPlus when there is cashcrunch.

Agrichain is generally B2B with huge payments and they would not be using AirPlus to pay invoices and it was mainly lending income.

some what make sense to put hold on Agrichain and focus on B2C market but but they can't loose them as they are big player in Agri. some kind of retrospective need to be done on that deal.

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minor addition on AirPlus. just want to know is there any incentives to use AirPlus virtual card i.e., like normal bank credit cards do they get 55 days period to clear it or any loyalty points. if they can provide those facilities that would encourage businesses to use AirPlus virtual card for B2B transactions
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