Welcome to the future of Debt Collections
Paydit is an online platform for Collection Companies, Lenders, and Banks that automates the entire Debt Negotiations process, from mode of communications, payment plan arrangements, settlement negotiations, live customer engagement tracking, payment portals to reporting analytics.
Paydit offers your consumer to choose from several debt resolution options; how the debt will be paid based on your presets and consumer capabilities and preferences.
Pay in full
The consumer can negotiate to pay the debt in full immediately or in a set number of installments.
Negotiate to pay less
Alternatively, the consumer can try to negotiate to pay less. The system will offer payment plans to pay a percent from the amount they owe which can be accepted by the consumer or renegotiated again until the agreement is reached.
The system can also be used on all stages of delinquency, allowing collectors to negotiate payment plans for a portion of the past-due amount or create their own flexible payment plans based on the consumer’s financial capabilities and schedule.
Fifth&Tech is an exclusive partner of PAYDIT in UAE, KSA, Egypt, India, and all other GCC Countries.
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