Difference between a Postpaid User and a Prepaid User

Difference between a Postpaid User and a Prepaid User

A postpaid user is the one that makes the payment after availing the  services i.e. a user who makes the payment at the month end after the orders are delivered. 

 

By default all new users are configured as Prepaid Users. InstaFinancials offers Postpaid facility to Banks, Financial Institutes, Corporate Users. The users cannot create a Postpaid account on their own. Agreement is mandatory in order to create a Postpaid account. InstaFinancials needs to convert your Prepaid account to Postpaid users. 


The difference between Prepaid and Postpaid users:

Prepaid Users
Postpaid Users
Get User IDs for Free
Get User IDs for Free
Manage Team
Manage Team
1 Admin User Per Team and Up to 10 Sub-users Supported
1 Admin User per Team & Unlimited Sub-Users Supported
Multiple teams Not SupportedMultiple teams of the same organisation supported with different admins for each team is supported
Make payment in advanceMake payment against the invoice at the end of the month
Agreement (Optional)
Agreement Mandatory
Discount applicable for high volume consumers Discount applicable for high volume consumers 
Subscription Plans are available
Corporate Plans Available Contact Sales

User can create a Prepaid account on their own.
Users cannot create a Postpaid account on their own. InstaFinancials needs to convert your Prepaid account to Postpaid users.
No Minimum Monthly Billing Requirement for Individual UsersMinimum monthly billing of Rs 5,000 & above 

 

For registering as a postpaid user, please contact us at support@InstaFinancials.com or +91 7879776776.




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