fonePaisa offers businesses a parameterizable solution to meet your AR automation needs while streamlining payment collections and your financial supply chain processes resulting in savings for you and your customers.
You continue to have the same operational workflow you currently have, except now you’ll get your accounts reconciled much faster and accurate. fonePaisa synchronizes every transaction, every payment – automatically and bi-directionally – with your invoice register and bank.
Map all your customer accounts to one Accounts Receivable bank account
Set a customisable virtual account number and create a unique identifier to identify your customer. Share this account number with each customer.
Invoice communication made easy
Allow customers to order using existing channels
Raise invoice and sync with fonePaisa indicating - whom to collect from, why to collect and how much to collect
fonePaisa server sends SMS /email invoices and follow-up reminders
Near-realtime intimation of payments received
Route invoices for customer approval
Your customer receives a
In app notification via your own enterprise app or fonePaisa app
Easy payment authorization—anywhere, anytime
Customers review, authorize, or schedule payments via their smartphone - anywhere they are, anytime.
Make payments via Direct bank debit, NACH, Netbanking, NEFT, IMPS or Credit card
Two-factor payment verification provides additional level of security against unauthorized or fraudulent payments
Reminder to customers for making payment
Customer send payments directly and securely, with guaranteed fraud protection
Send payment information directly to your systems for payment and received against a particular invoice.
Funds available on the next business day
Payments are recorded automatically with 2-way real-time synchronization to your accounting system (integrations are available separately)