Overview

In this lesson, we’ll cover how to use Blipply for financial management, including tracking expenses, and building your credit score. We’ll also explain how Blipply’s credit scoring system works and what factors affect it.

Credit scoring

Your credit score with Blipply is influenced by factors like transaction volume, successful sales, and wallet balance Increasing transaction frequency, keeping a positive balance, can boost your score. A good credit score opens up access to loans enabling you to grow your business through additional financial support.

Achieving financial inclusion with Blipply

Blipply helps establish a financial history for your business by recording your sales, which is essential for accessing loans and other financial services. Consistent use over 3–6 months provides the data needed to build a strong financial profile and improve your credit score. Your verified digital identity can also help you access loans or establish partnerships with other financial platforms.

KYC Verification for Merchants

To access all features and ensure security, Blipply requires KYC verification. Upload your business registration documents and personal ID to complete this process. KYC verification enhances your business’s credibility and provides access to credit services and loans. If your business information changes, you can update your documents in the My Profile section for re-verification