TALK TO US Credit Push Payment Terms
Klub Capital Technologies Limited (Operator), ADGM registered no. 000009390, FSRA licence no. 220119.
The Credit Push Payment (CPP) facility allows eligible online merchants to draw advances against their weekly sales revenue, with funds automatically “pushed” to their nominated UAE bank account.
1. Overview
- The CPP facility lets active online merchants draw up to 80% of projected weekly settlements, with funds transferred within 24 hours of request.
2. Eligibility & Account Linking
- Merchant Status: Active online seller with minimum AED 10,000 monthly turnover.
- KYC: Completed on our Platform per FSRA rules.
- Linking Process: Log in, consent to connect your online account via OAuth, and approve data sharing.
3. Application & Approval
- Submit a drawdown request for the desired advance amount.
- Our system calculates fees and profit rate instantly.
- Confirm the transaction to receive funds in your UAE bank account within 24 hours.
4. Repayment
- Repayment is automatically offset against your next online settlement. Shortfalls will be notified for manual repayment.
5. Suspension & Termination
- KCTL may suspend or terminate your CPP access for non-compliance, overdue balances, or regulatory directives.
6. Risk Acknowledgement
- By using CPP, you acknowledge that you remain liable for repayment regardless of future sales performance.
