Extend
Your partner adds an overdraft to the customer's allowance, sized by KYC tier and repayment history.
Short at the till?Pay anyway.
A small overdraft inside the vault, repaid from the next deposit.
Howit works
Spend
Funded value is used first. Only when it runs out does the payment draw on the overdraft.
Sync
When the payment reaches the server, the overdraft amount becomes a short-term loan with a fee and a due date.
Repay
The loan is repaid automatically from incoming funds, for example the customer's next deposit.
Aworked example
Illustrative numbers. Fees, terms and limits are set by the partner.
- Funded vault
- 10,000
- Overdraft extended
- 3,000
- Purchase at the market
- 11,500
- Paid from funded value
- 10,000
- Paid from overdraft
- 1,500
- After sync
- Short-term loan of 1,500 plus fee, due in 14 days
What sets thecredit limit
KYC tier
Higher verification, higher ceiling. Tiers are defined per country in the Country Pack.
Repayment history
Customers who repay on time see their limit grow. Missed repayments lower it.
Partner policy
Your risk team sets the caps, fees, due dates and which customers are eligible.
Guardrails
- The overdraft sits inside the allowance cap, so exposure is bounded up front.
- Every offline payment is signed and chained, so repayment obligations are provable.
- Overdraft use is visible in the Partner Console, per customer and per country.
- Credit is extended by your licensed institution. PayVault supplies the mechanics, not the loan.
Your institution is the lender of record
The licensed partner extends the credit, holds the loan and carries the credit risk. PayVault provides decisioning, limits and repayment tracking. PayVault does not lend and does not hold customer funds.
Add pay later to youroffline payments.
We will size an overdraft model with your risk team.