
VTransact DigiTB-Pay
The landscape of payment systems has evolved over the years, driven by technological advancements, changing consumer preferences, and the rise of digital finance. It has changed from one that was based essentially on paper and cash transactions to the one today that has a diverse range of cashless payment instruments
VTransact DigiTB-Pay is an integrated platform designed to meet the diverse needs of businesses across industries. With a robust infrastructure at its core, it simplifies every aspect of transaction banking.
The platform serves as a comprehensive and modular solution, empowering businesses to implement effective payment collection and reconciliation strategies that are tailored to their specific needs
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Key Capabilities
- Initiate single and bulk payments across local, domestic, and international schemes.
Payment tracking and management
- Manage invoices, beneficiaries, and track transaction history.
- Supports single and multiple payments seamlessly.
- Supports both electronic and paper-based payments.
- Direct ERP adaptors enable direct connectivity from corporate systems to the bank.
- Portal, Mobile, and API access for payment initiation, review, approval, and analytics via dashboards and reports.
- Simplifies complex corporate functional and financial approval workflows.
- Schedule future-dated and ad-hoc transactions
- Intuitive dashboard and reports to simplify reconciliation processes.
- Automate payroll with data masking capability.
