GIG PLATFORMS
Simplified banking APIs can help you run your gig economy firm more efficiently. Instant payment settlements for gig workers or freelancers will improve the client experience.
Get StartedHow Does It Work?
-
Step One
Verify & Onboard Gig Workers via KYC
With KYC, you can conduct thorough background checks on your gig workers or freelancers. Perform a variety of checks, including PAN and Aadhaar identity verification, as well as income and behavioural checks. All of this is done through a single API endpoint.
-
Step Two
Reconcile Gig Payments with Virtual Accounts
Create as many virtual accounts as you need for your freelancers. Track all payments in real time and fully automate the reconciliation process, including failed ones.
-
Step Three
Facilitate Instant Disbursals & Collections
Without any fuss, provide financing services to your employees and gig workers. Manage loan applications and facilitate instant disbursals to freelancers. Collections can be made easier by employing payment links sent through networks like WhatsApp.
-
Step Four
Issue Co-branded Prepaid/Credit Cards
Employees, gig freelancers, and hiring organisations can all benefit from branded cards. Expenses are tracked on a dedicated dashboard, and the cardholder can spend both online and offline.
-
Step Last
Smoothen & Make Payments Instant
Using UPI, white-labeled payment links, or static/dynamic QR codes, you can simply transfer funds. Alternatively, use NEFT, IMPS, or RTGS. Penny-drop verification can be used to verify the accounts of your gig workers.