Global Credit continues to expand its fintech solutions by introducing Pay4Me, a new digital platform designed to simplify collaboration between suppliers and retail businesses, accelerate business processes, and create new opportunities for growth.
Small and medium-sized enterprises (SMEs) in Armenia often face challenges such as limited working capital, delayed payments, and cash flow management issues, all of which can restrict business growth and development. Pay4Me was created to provide an effective solution to these challenges.
Pay4Me is a flexible financing and cashless payment platform that helps businesses overcome everyday operational challenges. It brings suppliers and buyers (retail businesses) together within a single ecosystem, making product supply and payment processes faster, simpler, and more efficient. Many suppliers experience difficulties collecting payments and managing delayed cash inflows, while retail businesses often struggle to maintain uninterrupted operations and replenish inventory on time.
Pay4Me offers practical benefits for both parties.
Suppliers can:
- receive payment immediately after product delivery,
- eliminate the need to collect cash through delivery personnel,
- increase sales volumes by accepting additional orders.
At the same time, retail businesses can:
- replenish inventory even when facing temporary cash shortages,
- ensure uninterrupted business operations,
- increase turnover and revenue,
- access a revolving credit line of up to AMD 1,000,000 without collateral or any additional security requirements.
The platform provides a fully digital end-to-end workflow, where every stage—from approval to payment—is completed through a single automated process, eliminating paperwork entirely.
Through Pay4Me, businesses can access a revolving credit line of up to AMD 1,000,000, while financing is provided entirely through cashless transactions. The approved loan amount is transferred directly, on behalf of the customer, to the supplier selected by the customer, ensuring fast, secure, and transparent transactions.
The process is simple and fast:
- The retail business registers on the Pay4Me platform.
- The supplier issues an electronic invoice.
- The retail business completes the payment to the supplier through the Pay4Me platform.
"At Global Credit, we continuously strive to develop innovative solutions that address the real needs of businesses. Pay4Me is more than just a payment platform—it is a business tool designed to ensure operational continuity, improve efficiency, and create new opportunities for growth," said Aram Ghukasyan, Deputy Chief Executive Officer of Global Credit.
Pay4Me represents another important step in Global Credit's digital ecosystem, aimed at providing businesses not only with financing but also with modern digital tools for more effective management of partnerships, sales, and cash flows.
Pay4Me. One Solution for Two Businesses.
