How do i mitigate deafults? : Koko

How do I mitigate defaults? Print

Modified on: Thu, 1 Aug, 2024 at 4:37 PM

1. For offline purchases:

Avoid Partial Payments: Request full payment from customers at the time of purchase to minimize the risk of defaults.
Prevent Multiple Account Usage: Verify that customers are not using multiple accounts to split payments, reducing the likelihood of defaults.

2. For online purchases:

Set a Maximum Order Value: Implement a maximum limit on Koko purchases to control the risk of defaults. By setting a reasonable cap, merchants can ensure customers do not exceed their financial means.

Did you find it helpful? Yes No

How do I mitigate defaults? Print