EN · United StatesRepayments that land
on the right loan
Collect repayments by card through several payment processors, by direct debit, instant transfer, wallet or cash. Every payment is matched to the right loan automatically.
- 99.9%
- of payments matched to loans automatically
- Any
- channel: card, debit, wallet, transfer, cash
- Smart
- retries around payday
- 1 day
- reconciliation, not month end
Where it sits in the loan lifecycle
Capabilities
Every payment lands
on the right loan
Several card processors
Route card payments by cost and success rate, with fallbacks.
Direct debit
Mandates, scheduled charges and smart retries around payday.
Instant transfers and wallets
Local instant payments and mobile money, with payment references.
Cash networks
Pay at agents and stores with barcodes or references.
Reconciliation
Bank statements matched to payments and loans every day.
Allocation rules
Order of fees, interest and principal set per product.
How it works
From payment to
updated balance
- 01PayBorrower pays by card, debit, wallet or cash.
- 02RouteThe best payment route is chosen.
- 03MatchThe payment is matched to the loan by reference.
- 04AllocateFees, interest and principal by product rules.
- 05ReconcileBank statements are matched every day.
Reconciliation
Unmatched payments
don’t get lost
Payments without a reference land in a short queue with suggested matches, so your team clears them in minutes.
- Suggested matchesBy amount, name and account.
- Daily statement checkBank and system always agree.
Questions
Frequently
asked
Didn’t find the answer? Write to us and we’ll reply within one business day.
Which payment methods are supported?+–
Cards through several payment processors, direct debit, instant transfers, wallets and cash networks.
How are payments matched to loans?+–
By payment reference, account or card. Payments that cannot be matched go to a queue for a person to check.
Can we route card payments between processors?+–
Yes. Set rules by card type, amount or success rate, and payments go to the processor that fits best.
How does reconciliation work?+–
Bank and processor statements are loaded every day and compared with payments in the system. Differences are shown for review.
Can borrowers set up auto-pay?+–
Yes. Borrowers save a card or bank account, and payments are taken automatically on each due date.
Book a demo
See lendhero on your
own products
We’ll walk you through the platform, show what matters for your products and answer questions about your business.
- A 30-minute call
- A walkthrough on your products and markets
- Answers on timeline, integrations and pricing