Now you can get paid faster with PayCollect
PayCollect is a web-based billings and payment collections platform designed for SMEs. With PayCollect, your business can easily generate one-time or scheduled electronic collection requests to be sent to customers for payment, track incoming payments and send payment reminders, increasing convenience and operational efficiency.
Key features of PayCollect
- E-Invoice: Generate one-time or recurring invoices with automated payment reminders
- E-Payment: Offer your customers a variety of convenient payment options (credit, debit, NETSPay, NETS and PayNow QR via bank mobile apps)
- E-Reconciliation: Track billings and collections, download reports and integrate seamlessly with ERP systems
Benefits of using PayCollect
How it works
Businesses can easily access the application via a web browser
- Set up and manage your list of customers and products
- Issue one-time collection requests
- Schedule automated recurring collection requests, at a frequency of your choice
- Track incoming payments from customers
- Automatically send reminders for overdue payments
- Your customers will receive a request-to-pay notification via SMS or email
- A secure link allows them to pay online via their credit/debit cards, direct debit from their bank account, or by scanning the NETS QR or PayNow QR code using the participating banks' mobile apps
- Upon successful payment, your customers will receive an e-receipt with a payment reference number
Commonly Asked Questions
PayCollect is an electronic collections platform, which allows you to send one-time, batch or recurring request-for-payment notifications to your customers.
Your customers will receive an email or SMS notification and can pay you electronically via a secure link within the notification message.
You can track your customer’s payment status, send payment reminders and manage outstanding payments via the PayCollect web portal.
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