Problem and Solution

Set up automatic bill payments and earn 2% cash back

S.No.	Problem Statement	Solution Statement
1.	Overwhelmed by bills?	Streamline Your Bills: Simplifying Payments for Ramesh and Beyond
	On average, an individual in Australia has to pay 15 to 16 bills every month. Remembering due dates for each bill and its amount to be paid is quite a burden to do it manually. This causes the user to stress a lot in bill payment.	An easy-to-navigate website that will allow users to add all their bills in one single platform which will give a hassle-free experience for the users to manage their bills.
2.	Overwhelming Bill Chaos!	Simplifying Bill Management: Ramesh's Search for Centralized Organization
	Remembering the due date and amount for 16 bills is a problem but on the other side remembering the login credentials for 16 platforms is another problem entirely. Leading the user to forget the bills to pay and causing late fees.	By creating a centralized platform for bill management, we have the feature to view all the bills that have been added and also the bills that need to be paid yet in just a few clicks.
3.	Tired of Cashback points?	Rewarding Bill Management: Ramesh's Quest for Monetary Benefits
	Getting cash back points and coupons is not something that can be considered as a reward for the amount you're going to pay for the bills. This makes the user tired of cashback points and coupons.	What sets us apart is our unique approach to rewards. Unlike traditional cashback points and coupons, we believe in providing tangible monetary rewards. With every transaction, you'll earn cash rewards that can be used for future bill payments or redeemed as real money. Say goodbye to accumulating points with little value and start enjoying the benefits of instant cash rewards with Payfully.

Tax Rebate

S.No.	Problem Statement	Solution Statement
1.	Delayed tax returns:	Unlock Monthly tax returns:
	Every citizen of a country has to pay the tax amount that he/she needs to endow to the government for every necessity. But, when it comes to tax returns, the user has to wait throughout the year.	Instead of year-end tax returns, through Paystack, our users like Ramesh and other taxpayers can withdraw the tax return earlier at the end of each month only if he is eligible for the tax returns.
2.	Tax Return protocols:	WNFL - Withdraw_Now_File_Later:
	The user has to file his Income tax returns through a medium to get his tax rebate. This is a time-consuming process as it involves a lot of paperwork. He can avail his tax credit only when he filed his tax return.	Paystack enables the user to withdraw the tax credit even before the ITR filing. It is possible with a mathematical algorithm. With the help of the algorithm, we can estimate his tax credit eligibility with his salary and his bills that he needs to pay. The amount that he withdraws earlier at the end of every month is compensated by his Tax returns that are allotted at the end of the year.
3.	Frustrated with Partial Advance Tax Credit:	Seamless Tax Credit Access:
	Some competitors are providing the users the Advance tax credit option, which is half of the total tax credit that the user can claim, also with conditions like interests and that too applicable to users who have already filed the ITR.	In Paystack, the total tax credit that a user is eligible for is available to him for earlier withdrawal. The users are not subjected to any kind of interest and can withdraw the tax returns even before he files the ITR.