Flow in use

Discover YAP's JIT flow through Redcarpet

semicircle
the Challenge

Traversing the tricky path of building a credit score

Traditional banks do not offer loans to customers without a credit history. Often, this segment of borrowers doesn’t have access to credit. The low credit score hinders them from owning and managing a credit card.

the solution

Redcarpet simplifies the daunting excercise of securing a credit

Redcarpet realized the repayment potential of these borrowers. They launched a quick loan or get a credit card program for borrowers who have primarily been ignored by banks. Customers can easily boost their credit score and ultimately have access to credit cards to make purchases.

the outcome

Transactions - and counting...

No. of transactions

1.6 Million

amount transacted

$39.5 Million

end point overview

See how we facilitate JIT funding for your business

Explore other flows

In payments

gift

Gift

Omnichannel Gift platform for creating Your own brand of Corporate and Retail gifting products. Choose from a variety of Virtual, Physical, Tokenized cards, Brand vouchers and coupons

wallet_card

Wallet and Cards

The Operating System for Wallet and Cards. Open APIs for those looking to innovate and launch compelling Payment products on top of a secure, robust and scalable platform

UPI_Transaction

UPI and Acceptance

Send and Accept Payments interoprably using BHIM UPI and BharatQR. Over Half-a-Million Merchants and counting

Fleet

Fleet

Manage and track your Fleet spends across Toll Payments, Driver Expenses and Fuel payments using our Fleet Platform.

crossborder

Cross Border

Capture all inbound and outbound spends using our Digital Travel Money and Remittance platforms

Yap_Team
Banking | Investments

API-fication
of investments

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