PayCollect

The online payment collections platform for SMEs

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

Manage business finances conveniently on a single platform that can be accessed anytime, anywhere
Enhance operational efficiency with automated online billing and collections requests
Enjoy better cash flow visibility with real-time payment status tracking and notifications
Save time and reduce manpower costs on manual preparation of collection requests and repetitive checking
Provide your customers with the highest international levels of safety and security
Offer customers a better payment experience by accepting a variety of convenient e-Payment options

How it works

For Businesses:

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

For Consumers:
  • 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

Discover how NETS can boost your business

View our sales brochure here

Commonly Asked Questions

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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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