Overview & Capabilities
A free app for Android, by HYTONE MERCHANTS PVT LTD.
UrbanMoney is a fast, safe, and convenient way to receive a salary advance. We make it easy for you to receive a loan and pay it back on time. With a 100% online and safe payment system, we don't need to store your money or your information.
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What is a salary advance, and how does it work?
A salary advance is when a person receives money from an employer before the end of their current billing cycle. The amount they receive varies, but is usually between 50% and 100% of their wages. The idea is that by receiving money early, you can pay off your debt faster and less expensively than if you had to wait until the end of the billing cycle.
How does UrbanMoney work?
We take your information (name, phone number, and email address) and check whether you are eligible for a loan. If you are, we send you a loan application and you can choose to accept it. We also send you a confirmation code, which you need to enter in the application. After that, we send the loan application to our bank, and the amount is deposited in your account. You can then pay the amount due and renew your loan.