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View payment history, and manage and pay bills online without any difficulty.
Reduce the time and effort required to create and send invoices.
Integrate seamlessly with other loan recovery functions including Notices, CG Collect, SMS, Email, WhatsApp and IVR.
Share personalized, white-labelled and automatically populated loan repayment links.
Get real-time payment updates and transaction status for loans.
Track collections teams’ performance with inbuilt reporting tools.
Leverage interactive dashboards for data-driven insights on borrowers’ transaction status.
Control loan repayment settings by editing and paying the partial or complete amount.
Accurately match bills and reduce probability of discrepancy with automated payment reconciliation process.
Set reminders for upcoming loan repayments, and keep track of outstanding repayments.
Expedite repayments in just 3 clicks with support for UPI, debit card, and net banking.
Manage the entire loan management system from the CG debt collections platform.
Digital payment methods, such as IMPS, NEFT, RTGS, UPI, QR scan are available on the Billzy payments platform. Lenders encourage borrowers to go digital as it makes processes faster, easier with collections, payment reconciliation and reporting.
Digital payments for loan collections provide convenience, efficiency, and security, allowing borrowers to make online payments at any time and from anywhere, while streamlining operational processes. Enhanced security measures protect the financial and personal information, and digital transaction records aid in tracking payments end-to-end. Additionally, digital payments can be easily tailored to borrowers' preferences.
Digital payments for debt collections include disadvantages such as limited access, particularly for borrowers in remote or underserved areas, potential technical challenges, and concerns about security and privacy. Transaction fees can also be a concern, adding to the overall cost of debt collections.
Borrowers can setup recurring auto-debits for themselves through Nach and get reminders along with auto-debit transactions to reduce the hassle in repayments. Billzy can be accessed via https://billzy.in/home via the webpage or mobile app .The borrower can create an account on billzy with registered mobile number, name, and select the payments to make via the platform.
As of now, this facility is not available via the Billzy Platform.
Make the change for streamlined, higher collections. Get started now!
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