Azwemake , which operates the digital platform dedicated to food marts, 'Q Market', announced on the 17th that it has introduced 'Payments', an online credit payment solution dedicated to restaurants, to Q Market and is making a full-scale move to conquer the domestic B2B food distribution market worth 33 trillion won.
'Payments' is a credit payment system that helps self-employed restaurant owners secure cash flow when purchasing food ingredients. It is characterized by the ability to complete the entire process within 10 minutes, from limit inquiry within 3 minutes based on a self-credit evaluation, to non-face-to-face contracts and credit payment approval. It has improved accessibility by eliminating existing credit rating restrictions or the need for surety insurance subscription.
This service is provided by 'Payments' operator Finova Lab, which applies the pre-settlement method based on the trade receivables transfer procedure, and is linked to Azwemake's Qmarket in the form of API, allowing restaurant business operators to use a simpler and safer trade payment environment.
Azwemake plans to establish a new business rating system within Qmarket and, based on this, support small business owners to stably procure food ingredients in accordance with their credit limit.
- See more related articles
You must be logged in to post a comment.