Traction App

Traction is a business growth platform designed to help businesses streamline their operations by enabling them to accept payments, manage products, engage with customers, and more. With Traction, businesses can enhance their efficiency and expand their reach, whether they operate in physical or online spaces.

Key Features of Traction:

1. Accept Payments Seamlessly

Traction allows you to receive payments from your customers both in-person and online through various channels:

• POS (Point of Sale): Accept card payments in person using Traction’s POS device.
• Online Payments: Easily receive payments online through a secure payment gateway.
• Bank Transfer & USSD: Provide your customers with the convenience of paying via direct bank transfers or USSD codes.

2. Sell to Customers with Mobile Point of Sale

With Traction’s mobile point of sale, you can sell your products directly to customers from anywhere. This solution is ideal for small businesses and entrepreneurs who operate on the go and need an easy-to-use mobile POS system to facilitate transactions.

3. Create a Free Ecommerce Store

Traction makes it simple to bring your business online. In just 2 minutes, you can set up a free ecommerce store, allowing you to showcase and sell your products to a broader audience without the hassle of building a website from scratch.

4. Send Professional Invoices

Easily send professional, branded invoices to your customers directly from the Traction platform. This feature ensures that your billing is clear, organized, and automated, saving you time and effort in managing payments.

5. Automated Sales and Payment Reconciliation

Traction automatically reconciles all your sales and payments, making it easy to keep track of your finances. This automated process reduces human error, allowing you to focus more on running your business rather than managing accounts.

6. Product Management

Manage your products seamlessly with Traction’s product management tools. You can easily add, remove, or update product details across your store or inventory system, ensuring that your product listings are always up-to-date.

7. Real-Time Inventory Tracking

Stay on top of your stock levels with real-time inventory tracking. Traction helps reduce stockouts and ensures you never miss a sale due to unavailable products. You'll receive updates and alerts when stock levels are low, so you can replenish inventory promptly.

8. Customer Relationship Management

Traction makes it easy to manage and engage with your customers. You can store customer information, track their purchases, and send personalized offers or updates, fostering better relationships and encouraging repeat business.

9. Employee Management

Traction provides tools to manage your employees effectively. You can track their performance, assign tasks, and monitor their activities, ensuring that your team operates efficiently and stays productive.

10. Access to Rapid Loans

Need a loan to grow your business? Traction offers fast loans of up to ₦5 million to support your operations and expansion. You can apply for a loan directly from the platform and receive the funds quickly to meet your financial needs.

Loan Details:

• Loan Amounts: You can access loans ranging from ₦70,000 to ₦5 million, depending on your business requirements.
• Repayment Period: The maximum repayment period is 180 days, with flexible tenors from 1 to 6 months. Early repayment is also allowed, giving you the freedom to pay off the loan at your convenience.
• Interest Rates: The monthly interest rate is 3%, and the Annual Percentage Rate (APR) is 36%. There are no processing fees, making it a straightforward borrowing process.

Loan Example:
For a loan of ₦70,000 over 4 months, Traction charges a monthly interest of 3%. With an APR of 36%, the total repayment amount after 120 days would be ₦78,400. This repayment plan allows you to manage your finances with minimal stress while meeting your operational needs.

Why Choose Traction Loans?

• Fast Approval: Get approved quickly and access the funds you need to grow your business without long waits or extensive paperwork.
• Flexible Repayments: Pay back your loan in a way that suits your cash flow, with flexible repayment terms ranging from 1 month to 6 months.
• No Hidden Charges: Traction offers a transparent loan structure with no hidden fees or processing charges, making it easy to plan your finances.

Get Started with Traction Today!

Traction is the ideal solution for businesses looking to streamline operations, manage products, and boost sales. Download the app today and start accepting payments, managing your inventory, and growing your customer base with ease.

Need Assistance?

For support, feel free to reach out to our team at support@tractionapps.co. You can also email us to request a POS terminal for your business and start accepting in-person payments right away.