Since
its inception in 2018, Cashalo Philippines has transformed the lives of many
Filipinos who want not only to shop offline without anything to worry about but
also to make more informed decisions and be more responsible on their financial
behavior. Its simple yet effective 'smart money management' principle plays a
major role in empowering consumers as well as encouraging them to adopt financial
services for the benefit of their modern lifestyle. It is not just part of
Cashalo's commitment to improve financial literacy amongst its growing
community of users, but it is also a core value around in which its technology
and services are offered by Cashalo's mobile app.
Perhaps
Cashalo's most successful product to date would happen to be its flagship
offering Cashacart. An 'online-to-offline consumer basket financing' or 'digital
credit' solution, it is designed to connect unbanked and underserved Filipinos
with the funding they needed to improve their lives and financial well-being. Its
new pre-approval feature aims to remind and inform consumers from the start of their
experience about their digital credit limit, downpayment, exactly how much and
over what period of time they will be required to repay it. It also allows you
to enjoy even greater convenience, financial freedom and purchasing control and
you can apply for digital credit whether you are in the comforts of your own
home via the Cashalo mobile app or shop at any Cashalo retail partner in your area
whenever you want to.
With
Cashacart, consumers can enjoy a pre-approved digital credit within 24 hours after
application ranging from Php2,250 to Php19,999 with interest rates as low as 0
to 4 percent. The feature is accepted in Cashalo's growing network of more than
300 merchant partners nationwide including Robinsons Department Store, Robinsons
Appliances, Cherry Mobile and MemoXpress among others. Being the first of its
kind in the local financial technology scene, Cashalo's pre-approval feature on
Cashacart can definitely have a huge impact on how consumers manage their
finances.
Here
are some of the positive benefits that any ordinary shopper can experience when
using Cashalo's Cashacart for their purchases.
* Responsible Shopping - For starters, get to plan
your purchases carefully. You have more than enough time to make specific
shopping goals and prioritize what you need to buy.
* Within The Budget - Knowing your approved digital
credit limit in advance, you should be able to stay within your budget. This
can put you on a mindset to exercise financial discipline and avoid overextending
yourself financially.
* Free Time - Enable yourself to plan
your finances and shopping in advance and you can use the time otherwise spent
wandering the store with your loved ones.
* Hassle-Free - Shopping may not be as fun
as you think if you end up bewildered with choices that can't fit in your
limited budget. Remember that being better organized means stress-free spending
with a piece of mind.
Download and install the
Cashalo mobile app on your smartphone from Google Play and iOS App Store, sign up
for an account and enjoy responsible shopping and exercise financial
discipline. For more details on Cashalo's Cashacart and its new pre-approval feature,
visit www.cashalo.com.
