Collections

Collection service overview

Collection is a service that a Merchant (individuals or organization) permits to collect contractual payments. These collecting authorizations are explicitly established in certain documents.

Individuals and businesses who employ collection services save money on their business operations. Reduces the dangers of holding and carrying money while also reducing time and making it simple to track receipts.

There are two types of collection: online collection and offline collection:

• Offline collection: comprises services such as transportation service collection, delivery and collection of COD payments...

• Online collection: comprises services such as bank transfer, pay electricity, water, and other utility bills...