GLOSSARY: Last-mile disbursement

Glossary   >   Last-mile disbursement 

What is last-mile disbursement?

Last-mile disbursement of funds refers to getting money to its final destination. This is always the hardest part of the distribution chain and is no different for disbursing funds. In the case of consumer finance, the bank or lender is holding the money, which ultimately needs to get to all the merchants whose customers have taken out loans to pay for their purchases. It is not practical to use ACH on what could be 1000 merchants. By using a digital credit card transaction to arrange the transfer of funds, it is much easier to scale the loan program. 

See also Disbursed funds

Learn how to instantly launch your very own POS financing solution

Looking to implement POS financing?

Speak to one of our experts


Jifiti is redefining retail experiences
with unparalleled data & technology.
Our proprietary consumer finance & gifting solutions bridge the gap between retailers, lenders, and consumers.
We offer retailers a Zero-Integration POS financing, and end to end retail gifting solutions (Gift registry, eCommerce gift checkout, First party gift card solutions).