Payments - Collect

What are the different payment modes available for collecting payments?
You can collect money from your customers via Debit/Credit Cards, Net-banking, UPI, NEFT/RTGS/IMPS.
Tue, 7 Feb, 2023 at 3:29 PM
What is the maximum limit to which we can collect the payments?
Collection limits are only applicable in the case of invoice links (50k daily & 1 lakh monthly). There are no limits on other modes If you wish to upgra...
Tue, 7 Feb, 2023 at 3:29 PM
Can I collect international payments using Open?
We currently don’t have this feature but this feature will be available soon.
Tue, 7 Feb, 2023 at 3:30 PM
How many days does it take for money to be settled in the bank account/Open account?
While the payments received through the UPI Mode are settled instantly the payments received through other modes like IMPS, NEFT, RTGS are settled as per t...
Tue, 7 Feb, 2023 at 3:35 PM
What is a payment link and how do we create payment links?
With payment links, you can simply send a link to your Customer after adding the customer along with the requested amount and collect the payment via multip...
Tue, 7 Feb, 2023 at 3:19 PM
How do I send payment links on a recurring basis? What happens when you send payment links on a recurring basis?
Payment links are sent on a recurring basis if your business wants to collect the same amount from your customers after a fixed interval of time. To create ...
Tue, 7 Feb, 2023 at 3:38 PM
How are payment links different from payment collection through invoices?
If you are in a hurry and have no time to create invoices for collecting payments you can directly collect payments through payment links.
Fri, 6 Aug, 2021 at 3:19 PM
What is the advantage of collecting payments through Open’s invoices?
In Open you can collect payment from your customers by sending them branded GST-compliant invoices. If your customer pays through payment modes like NEFT, I...
Tue, 7 Feb, 2023 at 3:48 PM
What if we have received payment in cash. How to record a cash transaction on Open?
If the business has received cash payment from the customer, then you can record it as a cash transaction in cash memo. This transactions can get manually ...
Tue, 7 Feb, 2023 at 3:49 PM
Why does an account get blocked and what happens to all the money I had collected?
Our internal systems detect the unusual activity and for the safety & security reasons account gets blocked . The merchant needs to reach out to our cus...
Tue, 7 Feb, 2023 at 3:53 PM