Subscription-based businesses have a strong growth model. They can cement their success with the technology that is perfectly built to drive this model further.
Recurring payment solutions help these organisations go one step further towards making customers’ payments easier. This gives prospective customers one more reason to opt for the businesses’ services.
The need for customised solutions for subscription-driven organisations
One of the strengths of recurring payment solutions is their ability to service organisations at their specific point of need. Subscription-driven organisations have their own set of challenges that vary across the board. The platform can be customized to address each difficulty. It also maximises advantages that come along with requirements and their evolution.
Organisations are increasingly adopting the subscription-based business model because of its convenience for customers and potential for growth. It ensures on time monthly payments that don’t need human intervention and puts the company’s growth on the fast track, simpler and easier. A key factor in this change is the technology behind all of it.
Inspiring organisational confidence with technological support
Even in a tech-driven era, technology drives original human endeavour and thinking. Any subscription-based organisation with a plan for the future puts its best step forward while strategizing and hopes that the tech platform it selects will drive it forward. The recurring payment solution fits in perfectly where this big vision starts. It must take into account all the factors that enable this to become a reality. The goal is to let your organisation rest easy that you have dreamt big. Now it’s time to let the technology do the work while you focus on bigger goals.
Simplifying recurring payment solutions
Paycorp leads the way with recurring payment solutions that offer speed, accuracy, and compliance, without compromising one over the rest. It ensures that both customers and organisations only need to step forward minimally to ensure that recurring payment collections and mandate registrations are a success and on schedule. Our platform makes it easy for customers and organisations to adopt and execute necessary approvals and supervision while ensuring data safety.
Tackling the problem of scale with flexibility
Paycorp’s approach to addressing the collection needs of organisations with recurring payment solutions is simple: ready to serve today, ready to grow tomorrow. We ensure flexibility that doesn’t require many changes when there is a growth in collections, or when new challenges arise. The technology enables easy adaptation to greater volume, speed, and accuracy.
When merit wins, everybody wins. Choose well.
Choosing the right technology partner for your organisation is an important choice. There are many factors that must be taken into consideration. The strongest one is past achievements, coupled with consistency.
We have:
99% acceptance rates
70+ banks and corporates as clients
Enabled 7.3 million mandates
We help your customers authenticate mandates through multiple methods, at their convenience. The authentication link can be sent via SMS, Whatsapp (with QR code), and Email. The customers can do the authentication using debit card,netbanking. Aadhaar, or PAN & Customer ID.
One of our recent achievements is being the first fintech company in India to launch NPCI’s mandate authentication with PAN & Customer ID for a recognised small cap private bank. With our innovation, lakhs of their customers can authenticate mandates effortlessly and securely. We are constantly evolving to find new possibilities and integrate them into the mandate authorisation process so that it becomes simpler.
It’s time to grow at a fast pace, especially when you are ahead
With subscription-based businesses, the potential is immense. The right choice of recurring payment solutions will ensure that you keep the lead by a large margin. Paycorp’s strengths are the right fit for any organisation that doesn’t want to miss out on the fast pace of growth because of technology that can’t keep up.
With our platform, you can make sure that the hard work and effort that goes into your services will always be fruitful when it comes to the success of the last mile: payment on time through smooth mandate registration and collection.
Conclusion
We, at Paycorp, seek to make your road to success smoother with the help of successful mandate registration and collection that’s simplified and accurate. We believe that technology is an enabler and seek to play out that role for you wherever you need it. Our recurring payment solutions are crafted to give your organisation a big push into the big leagues.
To see and experience all these benefits, get in touch for a demo.
