Pay suppliers, contractors, and vendors on credit
Payleo's On-Credit Disbursement facility lets businesses send payments now and settle later. Keep your supplier relationships healthy even when cash flow is tight.
Stop letting payment timing kill your momentum.
- Keep paying suppliers and contractors on time, even when cash is tight
- No need to delay supplier payments while awaiting client invoices
- Preserve working capital for higher-priority uses
- Build stronger supplier relationships with on-time payment history
Pay your vendors and suppliers on time, on their channel of choice
- Schedule payments according to your vendor contract terms
- Manage multiple payment requests, all tracked transparently on your dashboard
- Send to any Tanzanian mobile wallet or bank account
Every shilling tracked, every payment documented.
- Full audit trail for every disbursement — recipient, amount, date, and status
- Export transaction logs anytime, fully formatted for Tanzanian accounting standards
- Per-category and per-recipient breakdowns
- Compliant with Bank of Tanzania reporting requirements
Credit disbursements allow your company to direct payments to the people and businesses you work with — all managed through the Payleo platform. Whether you need to pay a supplier, settle a contractor invoice, or distribute funds to employees outside of the regular salary advance process, credit disbursements give you a single, transparent channel to do it.
How the process works
Step 1 — Your company is onboarded
During onboarding, Payleo works with your company to establish a credit balance. This balance is determined by two factors: the total net salaries your company has registered on the platform, and the credit volume agreed upon in your partnership contract. Once set, this balance is the pool from which both salary advances and credit disbursements draw.
Step 2 — Register your beneficiaries
Your designated representative enters the details of each beneficiary into the Payleo platform. For each recipient, the platform captures the information needed to process a payment, such as name, contact details, and bank account or mobile wallet information.
You can add, update, or remove beneficiaries at any time through the platform.
Step 3 — Initiate a disbursement
When your company needs to make a payment, the designated representative submits a disbursement request through the Payleo platform. The request specifies the beneficiary, the amount, and the settlement terms.
Before the disbursement is processed, Payleo verifies that the requested amount falls within your company’s available credit balance and that the beneficiary details are valid.
Step 4 — Funds are disbursed
Once approved, Payleo disburses the funds directly to the beneficiary’s designated bank account or mobile wallet. Both the company and the beneficiary receive confirmation of the transaction.
Your company’s credit balance is reduced by the disbursed amount plus any applicable fees.
Step 5 — Your company settles
Your company repays the credit used according to the settlement schedule agreed upon in your partnership contract. Payleo provides detailed statements showing every disbursement, the fees applied, and the outstanding balance. Current rates are on our pricing page.
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