February 2, 2024

Introducing our latest feature- Instant Settlement!

As part of our commitment to simplifying financial operations for businesses, we are excited to introduce to you our Instant settlement feature. This allows you to receive your business collections in your bank account immediately, instead of having to wait for the regular settlement timeline.

In today’s fast-paced business environment, cash flow is king. Waiting days for customer payments to clear can hinder your ability to seize opportunities, invest in growth, and maintain healthy financial operations. Duplo’s innovative Instant Settlement feature eliminates this hurdle, allowing you to receive your business collections in your bank account immediately, revolutionizing the way you manage your finances.

What is Instant Settlement?

Imagine a world where customer payments land in your account the moment they’re received, with no waiting periods, and no delays. That’s the power of Duplo’s Instant Settlement. Traditionally, businesses have to wait 2-3 days for the settlement process to complete. This can create a cash flow gap, impacting your ability to pay suppliers promptly, invest in inventory, or capitalize on unexpected business opportunities.

Benefits of Instant Settlement:

  • Enhanced Cash Flow: Receive funds instantly, improving your financial flexibility and allowing you to make strategic decisions without cash flow constraints.
  • Faster Supplier Payments: Pay your suppliers on time, fostering stronger relationships, and potentially unlocking better deals and discounts.
  • Improved Profitability: Eliminate the potential for lost revenue due to delayed payments or late fees associated with outstanding balances.
  • Increased Business Agility: Respond quickly to market fluctuations and seize on time-sensitive opportunities without cash flow limitations.

Frequently Asked Questions on Instant Settlement

  1. What type of collections can be collected via Instant settlement?
    – At the moment, it is only possible for collections done via bank transfers/virtual accounts
  2. How much does Instant settlement cost?
    – This varies depending on your inflow and payout fees today and can be negotiated based on your payment volume. Reach out to us for more information on the fees applicable to your business.
  3. Are there other settlement options available?
    – Yes, we have other regular options available. You can choose your preferred option on the Settings module on your Duplo dashboard.

Getting Started

Duplo’s Instant Settlement feature is designed to be simple and convenient. However, it’s currently available for collections made via bank transfers and virtual accounts. To determine if your business qualifies for instant settlement and discuss any applicable fees, our team is here to assist you. We offer flexible fee structures based on your individual payment volume. Additionally, Duplo provides a variety of other settlement options that you can choose from within your Duplo dashboard settings.

Don’t wait for your hard-earned revenue to sit in limbo. Take control of your cash flow and unlock the power of instant settlements with Duplo. Contact us today to learn more and get started!

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