Instacollect - collection tool for high ticket size and non-payment getway transactions
  • Use cases - IT service companies collecting paymnets against invoices, real estate builders etc.
  • Without InstaCollect
    Open Account
    Manually share details
    Recive payment
    Multiple settlement to current Account
    Manual Reconciliation to find pending payments
    With InstaCollect
    Open master A/C
    Order wise Virtual Account (VA) generated
    Digital payment to Virtual account
    Auto reconciliation with one-click visibility of reciepts and pending dues
    Without InstaCollect
    Open Account
    Manually share details
    Recive payment
    Multiple settlement to current Account
    Manual Reconciliation to find pending payments
    With InstaCollect
    Open master A/C
    Order wise Virtual Account (VA) generated
    Digital payment to Virtual account
    Auto reconciliation with one-click visibility of reciepts and pending dues
    Key differenttiators
    • Create Virtual Accounts (VA) for each store/ departmment, customers, or oders/ invoice
    • Recive high value ticket size transactions
    • Quick settlements
    • Unlimited VAs with account number and IFSC code
    • Low cost as compared to other payments modes
    • Refund option available directly from the dashboard
    • Multiple collection options UPI/ IMPS/ NEFT/ RTGS
    • Option to trigger collect request i.e., dynamic request for a specified amount to a specific customer