B2B receivables
Give each customer or invoice its own collection details.
Solution
BNY Collect
Collect NEFT, RTGS, IMPS and UPI payments using BNYPay virtual bank accounts and virtual UPI IDs.
Overview
Collect NEFT, RTGS, IMPS and UPI payments using BNYPay virtual bank accounts and virtual UPI IDs.
Features
- Virtual bank accounts
- Virtual UPI IDs
- NEFT
- RTGS
- IMPS
- UPI
Business use cases
Dealer and distributor collections
Identify which partner a bank transfer came from.
High-value transfers
Accept bank transfers where card or wallet payments are not suitable.
Merchant benefits
- Know who paid without matching bank statements line by line.
- Accept common Indian bank-transfer rails and UPI.
- Assign collection details per customer, invoice or purpose.
FAQs
It is a unique account number or UPI ID used to receive payments for a specific payer or purpose, so incoming money can be identified and reconciled.
Other solutions
Payment Solutions
Accept online payments using cards, UPI, net banking and mobile wallets.
Payouts
Send money to customers, vendors and partners from your business.
Vendor Payments
Handle marketplace transactions, split payments and vendor payouts.
Payment Links
Share a link by email, SMS or chat and get paid without a full checkout integration.
UPI Mandates
Set up customer-authorised UPI mandates for recurring payments through APIs.
Interested in BNY Collect?
Tell us about your business and how you want to use it. Our team will explain onboarding and next steps.