Lendsqr Global Payments is a feature on Lendsqr that enables you as a lender to accept payments from customers who have different cards that are linked to other lenders in the Lendsqr Ecosystem. This helps to increase loan repayment rates, and means smoother transactions for you.
This process is automated and you do not need to activate it. It will be automatically activated when a customer's loan is past due and the card provided to your organization is having issues being charged.
If you have any questions or need help, our support team is here to assist you.