How a new-age fintech is leveraging the negotiation tool to drive settlements
Traditional mechanism
Online mechanism
Delivery rate of 22% due to transmission of communication via post
96% success due to delivery via email/SMS/WhatsApp on verified data
Limited engagement from parties due to language barriers
7X rise in participation due to integration of regional languages
Lack of 2-way communication for seamless settlements
Engagement and AI-based negotiations for successful outcomes