UPI Collection

UPI collection refers to the process where businesses can receive payments instantly using Unified Payments Interface (UPI).

With Paysants, you can accept an unlimited number of payments using a single QR code, including wallet and UPI-based payments, all seamlessly and instantly.


Key benefits of UPI Collection services provided by Paysants:


1. Convenience:

No need to carry cash or cards, all payments can be done using your smartphone.

2. Universal:

Works across all banks and payment platforms in India.

3. Security:

Collections are fast, secure, and encrypted, ensuring protection of your customers payment information.

4. Speed:

Instant collections save you time, with most payments completed within seconds.

Services we as Paysants offer in UPI Collection:


1. Instant Money Collection:

  • Description: Enhances cash flow by ensuring instant payments, reducing dependency on physical cash transactions.
  • How it Works: Simply enter the recipient’s UPI ID or mobile number, specify the amount, and authorize the transaction using your UPI PIN. Transactions are completed in seconds, available 24/7.

2. Merchant Payments:

  • Description: Make quick and secure payments at retail outlets and merchants.
  • How it Works: Scan the UPI QR code displayed by the merchant, enter the payment amount, and confirm with your UPI PIN. This facilitates seamless transactions without the need for cash or cards.

3. Payment Tracking and Reconciliation:

  • Description: Saves time and reduces manual errors, providing a clear view of all collections or payments.
  • How it Works: Paysants offers automated tracking of all UPI payments, giving businesses real-time insights into collection. Payments are automatically reconciled, simplifying financial record-keeping.

4. Effortless High Transaction Handling:

  • Description: Provides scalability for businesses, allowing them to handle high volumes of transactions without constraints.
  • How it Works: Businesses can accept an unlimited number of UPI payments without worrying about daily or monthly caps on collections.

5. Zero Transaction Fees:

  • Description: Increases profitability by reducing overhead costs associated with payment processing.
  • How it Works: Paysants offers zero transaction fees for UPI collections, making it a cost-effective option for businesses compared to traditional payment methods.