Payments - Collect

What are the modes of Collecting payments?
Glad you asked! You can collect it via Debit/Credit Cards, Net-banking, UPI, and even your Open Pay virtual account.
Thu, 24 Jun, 2021 at 7:13 PM
What is a Virtual Account and how does it help in reconciliation?
It’s quite simple. Whenever you create a contact, we automatically create a ‘Virtual Account’ and assign it to that contact. Now, when you send an invoi...
Thu, 24 Jun, 2021 at 7:14 PM
What is the maximum limit to which we can collect the payments?
There is a limit for the payment gateway transactions per month.  Credit card/ Debit Card / Netbanking - 1 lakh per month. If you wish to upgrade th...
Thu, 24 Jun, 2021 at 7:16 PM
Can I accept international payments using Open?
We’ve just started enabling our customers to accept payments from the US. For now, you can only collect money from any company based in the US but we are so...
Thu, 24 Jun, 2021 at 7:16 PM
Can I submit credit card information to my own site and create a charge?
Sorry! That would be against the law. You would need to be PCI-DSS compliant to do that. However you can integrate our payment gateway to do so. Please refe...
Thu, 24 Jun, 2021 at 7:17 PM
How do I collect the payments made by the customer? Is it a manual process?
Settlements are completely automated; you don’t need to do anything manually. The captured payments would be settled to your account as per your settlement ...
Thu, 24 Jun, 2021 at 7:17 PM
What is the settlement cycle you offer?
Our standard settlement cycle is T+3 working days, with T being the date of transaction capture. This implies that payments would be settled to the bank ac...
Thu, 24 Jun, 2021 at 7:18 PM
What is the Quick Collect feature?
With quick collect, all you need is to send a payment link to your Customer and collect via multiple payment modes. 
Thu, 24 Jun, 2021 at 7:19 PM
How do I use Quick Collect?
It’s quite simple to generate a Quick Collect payment link and send it to your customer to receive the payments.   a) Select ‘Create Payment’ option ...
Thu, 24 Jun, 2021 at 7:20 PM
How do I send Quick Collect links on a repetitive (recurring) basis?
It’s quite simple. Once you’re on the Quick Collect page, just flip the switch beside ‘Add recurring’ and you’ll activate recurring collections.    ...
Thu, 24 Jun, 2021 at 7:50 PM