BharatX's Khata is an embedded credit solution designed to replicate the traditional 'Khata' system, enabling users to purchase daily essentials and settle payments at the end of the month. This feature allows consumer-facing platforms to offer a seamless credit experience, enhancing customer retention and increasing order values. Key Features and Functionality: - White-Label Integration: Businesses can customize the Khata feature to align with their brand identity, providing a consistent user experience. - Quick Integration: The solution can be integrated within two hours without the need for compliance setups or operational changes. - Zero Financial Risk: Merchants receive payments upfront on a T+1 basis, with BharatX managing the credit risk. - User-Friendly Process: Customers place orders using the Khata option, receive monthly notifications about their dues, and have a grace period to make repayments, which can increase their credit limit. Primary Value and User Benefits: Khata addresses the need for accessible credit among middle-class Indian consumers by digitizing a familiar credit system. It enhances customer loyalty and boosts sales for businesses by offering a trusted and convenient payment method. For consumers, it provides the flexibility to manage expenses without immediate financial strain, fostering a more inclusive financial ecosystem.