Bon Credit + Card, QR, FASTag & Banking

Self-employed, entrepreneurs and gig-economy workers lack access to financial services in form factors that salary employees usually get. BON brings financial services to the gig-economy workforce such as taxi drivers, delivery agents, independent contractors, and self-employed workers who are currently financially underserved in India. Currently BON is also helping customers to access FASTag easily through the efforts of making it available for all and to buy, activate and recharge it with BON.

Now Buy, Activate and Recharge your FASTag with BON!

FASTag is a simple to use, reloadable tag which enables automatic deduction of toll charges and lets you pass through the toll plaza without stopping for the cash transaction. No stopping at Toll Plazas anymore!

Starting 15th December 2019, FASTag adoption is mandatory – it’s applicable to all categories, kinds, makes and types of vehicles!

***FASTag benefits***

1. Saves Fuel and Time.

2. SMS alerts for toll transactions, low balance, etc.

3. Online recharge (via Credit Card / Debit Card / NEFT/ RTGS or Net Banking).

4. No need to carry cash – ease of payment.

5. Web portal for customers.

6. Reduced air pollution.

7. Reduced use of paper.

8. Minimised instances of toll payment hassles.

9. Enhanced highway management via analytics.

10. Toll plaza management made easy.

11. Eased central monitoring.

BON

HOW DOES IT WORK?

Bon is trusted by world leaders for issuing to their workforce nationally in

- Logistics/ Employee transport

- 2 sided marketplaces

- Ecomm/ Hyperlocal delivery

- Staffing Industry

Bon partners with gig marketplaces and employers to reach flexible workers, sign them up to its platform and uses smart algorithms to process multiple data points on each user to create its proprietary risk assessment, which is used to facilitate access to credit through Bon Cards. Bon's proprietary credit scores are constantly updated, providing borrowers with dynamic credit limits. Flexible employers and gig aggregators benefit from higher business uptake and simplified billing and payments processing.

*** For partners/employees of companies that are signed up with Bon***

To get your Bon card, you can

1. Apply for a Bon Card from any Bon outlet https://bon.pe/locations

2. Download the Bon app and request for a Bon Card. Our agents will then get in touch to collect your documents and a new card will be dispatched.

3. Bon offers more than 10 retail outlets live in Pune, Bangalore, Gurugram, Noida, Kolkata, Ahmedabad, Guwahati, and Kochi. After providing necessary documents, a credit decision is made on the spot and a Bon card is issued with a pre-approved credit limit that can increase over time.

4. Write to us at hello@bon.pe or call on +91-96731 96731 or and we will set you up!

***If your company has not signed up for the Bon card yet***

Write to us at hello@bon.pe or call on +91-96731 96731 and we will get in touch.

**Through the Bon app, users can **

1. Buy, Activate, Recharge your FASTag

2. See their credit limits

3. List of transactions

4. Make payments

5. Topup their bon wallet

6. Load and unload individual bon cards with money from the wallet

7. The application sends notifications to the user every time there is a transaction.