This is a first in Senegal. DTS, an innovative company in the field of technological content, is preparing to launch its flagship Salary Buyback (RDS) product, instant, entirely digital via the ER platform and 100% Sharia compliant both in Senegal and the Côte d ‘Ivory.
Introduction to RDS : The three largest assets in a low- to moderate-income household are generally the house, the car, and the salary in that specific order. Understanding this dynamic, DTS is preparing to deploy its Fintech platform “ER-Equity Release” to provide employees with the possibility in record time to monetize their recurring income (RIM).
Moobitek, a digital technology giant, provides the engine on which the platform runs. The product development and architecture was developed by Risk Management, a leading expert in risk management. The interface is user-friendly, fast, easy and transparent.
What is RIM? It is a lifeline for the employee in need of short-term financial assistance. The qualification process is very simple; the solution is mainly aimed at people with modest incomes who need money quickly, without problems and without complications. RIM buys one monthly salary at a time from its users individually, with no interest, no hidden fees and no surprises.
Functioning : The employee provides proof of income and a valid ID. In exchange, he receives his future salary immediately, without waiting for the end of the month and ER collects the salary when it is due directly from the Employer.
-Accessibility: RIM will be available on ER’s online platform even to people with bad or no credit history. Simplicity and speed make RIM particularly attractive to those who need money immediately.
The RIM application process is simple, easy and can be done online. This ease of membership makes it accessible to those who do not have the time or are not willing to undergo lengthy registration processes or do not want to wait. The qualification requires minimal documentation (e.g. proof of income, ID from eligible employer), making it available to all employees. No guarantees required either because it is not a loan, it is a simple and direct sale.
A fast, easy, best-practice end-to-end process designed to respond in record time to everyday ER users, regardless of their profession or distance.
