Imagine a major company selling their products door-to-door across the country. Think of how many financial services could be provided for the sales representatives and how important it would be to help include these people in the financial world.
It is a fact that the high demand for bank services among resellers, as well as the large volume of sales paid in cash, causes a number of problems for the whole transaction chain.
Many individual sales representatives don’t have access to basic financial services, like a bank account, a credit card or even a payment terminal. That means they cannot offer different methods of payment for their customers, which creates barriers in the sales process and makes receivables harder.
When companies operating in direct selling attempt to tackle these issues, they face a number of obstacles for:
By removing the barriers that prevent companies from providing financial services on their own, companies can tackle those issues in their transaction chain and help include more people in the financial world, resulting in happier teams and end customers.
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