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 Supported | Multiple teams of the same organisation supported with different admins for each team is supported |
| Make payment in advance | Make 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 Users | Minimum 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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