COVID-19: Fee Plaza answers your needs for business continuity, rapid response and contact-free payment solutions.

Invoice Billing

Payment collection for small business

Many enterprises collect a variety of payments, most often receivables, from their buyers, where the amounts vary with the Invoice value.

1. These invoices have to be specific to the buyer, with the Merchant also providing unstructured data in the form of Invoice

2. Buyers often have to be reminded to make payments.

3. Offline invoices can be lost in transit or by the buyer.

4. Even when the payments are for fixed unit amounts, merchants may offer specific volume discounts to select buyers.

Plug 'n play payment collection service for businesses

Many enterprises collect a variety of payments, most often receivables, from their buyers, where the amounts vary with the Invoice value.

These invoices have to be specific to the buyer, with the Merchant also providing unstructured data in the form of Invoice.
Buyers often have to be reminded to make payments.
Offline invoices can be lost in transit or by the buyer.
Even when the payments are for fixed unit amounts, Merchants may offer specific volume discounts to select buyers.

This is the simplest way for entities to receive payments, without information technology (IT) expenditure. Fee Plaza ready infrastructure provides payment collection options and the dashboard provides transaction details and reports.

Custom payment collection

Collecting payments from customers is an extremely troublesome exercise for businesses. Customers often need to be reminded to make payments. Invoices, Goods Received Notes (GRNs) and other documents may be lost in transit or customers may just ignore those. Payment collection in cash has regulatory restrictions, risks and needs follow up too. Say goodbye to all those hassles!

Enterprises can collect payments online as quickly as within two days of signing the agreement with Fee Plaza. Enterprises can send copies of their invoices, bills, GRNs to their customers on Fee Plaza. Fee Plaza enables the payers to pay online. Fee Plaza provides transaction confirmation records upon successful payments by the payers, with copies to the enterprises, immediately. Enterprises can log into their dashboard on Fee Plaza, upload payment requests, send payment requests, receive payments, receive automated settlements and look at the status of payment requests. Not just this, enterprises can remind payers to pay!

Benefits to your business

Enterprises can:

Save invoice printing expenses
Avoid paper risks
Avoid cash, check, money order risks
Have a single dashboard to know up-to-date status
Remind payers easily
Send automated electronic receipts
Receive transaction confirmation records immediately upon the successful payment
Payments remitted automatically to accounts
Streamline the processes for customers and for your business
Payers need not update records if the business' bank account changes
Receive payments from anywhere, anytime

Benefits to your customers

Payers can use Fee Plaza with the following advantages

Receive reminders from Fee Plaza for payments due
Payment feature and corresponding documentation are always together
Retain a soft copy of invoices / GRNs; easier maintenance of records
Avoid the hassle of adding and managing the business' bank account as beneficiary is unnecessary
Receive transaction confirmation records immediately upon the successful payment
Pay with practically any computing device, from anywhere, at anytime

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