SwiftPay provides a payment method to support key distributor schemes in which a goods provider initiates transfers from the distributor's account to its own corporate account.
This transfer is based on a previously reached agreement, after shipments have been made. The account that is debited each time products are shipped to distributors may or may not be funded by credit from the bank.
Benefits
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Affords goods providers greater control of product distribution as distributors can be closely monitored. |
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A goods provider can play a bigger role in the success of its distributors thus ensuring its own success.. |
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Length of time for reordering process is shortened and stock outs are reduced or can be totally eliminated. |
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Where the bank has approved a credit facility in favour of a participating distributor, the distributor would have access to more funding for its business. |
For further enquiries on any of our ebusiness services please contact:
E-Business Unit
Information Technology Department
Zenith Bank Plc
Plot 84, Ajose Adeogun Street
Victoria Island, Lagos.
E-mail: ebusiness@zenithbank.com
Telephone: 234-01-2788000 and 2784000 {IT HelpDesk}
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