Anubhav Jain

It's typically for like 14 days, 30 days, maximum 60 days.

And we make money through the supplier.

So it's a 0% interest or a zero cost credit to the retailer.

But because we have acquired this retailer through the distributor or the B2B marketplace, so the B2B marketplace basically provides us a fee.

over every transaction that happens on their platform where Rupify BNPL is being used.

So it's almost like the seller or the merchant is providing us some kind of a discount revenue.

The way you use a credit card and you get paid by the merchant, the same way when you use Rupify BNPL, the user does not pay, but the merchant pays.

Sure.

So what happens is this 150 does not come into your bank account.

It basically goes to your supplier and you get goods against this 150.

So we are only helping you buy your inventory from your supplier.

So we charge that a certain percentage from the supplier because now we are helping the supplier increase their sales by offering BNPL to these shopkeepers.

It would be 2%.

So 2%.

Okay.

Yeah.

Correct.

Yes.

So this banana retailer is now going to order more because he has 15 days of credit cycle.

So he can make more orders using Groupify so that the overall sales of the banana company goes up.