Buy Your Next Smartphone Today.
Pay in Easy Monthly EMIs.
Oysterpls is an enterprise-grade Loan Management System (LMS) linking customers, merchants, and lenders. We deliver automated credit assessment, instant digital KYC checks, and secure auto-debited e-mandates directly at store checkouts in under 5 minutes.
What & Why
Why businesses & customers choose Oysterpls
Enterprise Lending System
Oysterpls connects three core pillars: retail mobile **Merchants** who initiate the loan, back-office **Lenders** who manage rules and underwriting, and **Customers** who access financed mobile plans.
Instant POS Checkouts
Rather than manual paperwork, merchants upload customer documents and invoice costs directly inside the console. Credit checks and eligibility decisions execute in real-time.
Automatic Repayments
No manual collection tracking needed. Integrated E-Nach mandates automatically schedule and debit EMIs from customer bank accounts, sending real-time status alerts.
How It Works
A transparent 4-step mobile financing process
Onboarding & Document Upload
The merchant registers the customer with basic phone and email inputs, uploading photo KYC documentation (PAN card, Aadhaar details) directly in the retail portal.
Automated Verification Check
Oysterpls' underwriting engine checks eligibility rules (such as CIBIL scores and region-specific restrictions) automatically, passing approval in under 30 seconds.
Secure E-Mandate Setup
The customer completes bank verification to activate recurring e-mandates (e-NACH). This ensures monthly EMI payments are deducted smoothly with zero manual tracking.
E-Sign & Instant Disbursal
The customer digitally e-signs the automatically generated loan agreement contract. The loan is immediately disbursed to the store merchant, and the customer receives their phone.
EMI Loan Simulator
Simulate purchase pricing parameters instantly
Ready to access your console?
Log in to manage loan agreements, perform verification audits, track recurring e-mandates or set up instant POS checkouts.