Yektapay credit service was unveiled as a “buy now, pay later” system for businesses (B2B BNPL) with the aim of providing financial and credit resources needed by businesses.
According to Iran digital economy annotation, in an interview, Yektapay explained about this service: “Before this, similar domestic services in Iran had created such services only for consumers to buy, but “Yektapay” provides these services for businesses in a way that businesses that need services and products buy from other businesses in a B2B manner, they can get credit from Yektapay and receive their purchases from sellers.”
According to the information available on the website of Yektapay, the current sellers of this system are among the portfolio companies of Yektaventures, the investment arm of Yektanet. It should be noted that Yektapay’s name is not mentioned in Yektaventure’s portfolio and Yektanet is a strategic partner alongside Yektapay.
Yektapay public relations has announced that in the future, more sellers will be added to Yeltapay system in the fields of “infrastructure services”, “financial services”, “customer relationship management” and “product sellers to businesses”.
It is said that the validation of businesses in this system is based on criteria such as the business credit report in the country’s banking system and previous financial interactions with “Yektapay’s sellers” and businesses can benefit from these services up to about 10000 dollors.
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