Smart Collect Use Cases

• For businesses already using Smart Collect: Upgrade to Smart Collect 2.0 for UPI support, instant settlements, and enhanced features.
• For new businesses: Start directly with Smart Collect 2.0 for maximum functionality.

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Smart Collect 2.0 Use Cases

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UPI Payment Integration (NEW IN 2.0)

Industry: All sectors requiring UPI collections How Smart Collect 2.0 Helps

• Creates Virtual UPI IDs (VPAs) in addition to Customer Identifiers
• Enables UPI payments alongside traditional bank transfers
• Customers can pay using any UPI app with branded VPAs
• 99.99% success rate for UPI transactions

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Multi-Branch/Franchise Operations (NEW IN 2.0)

Industry: Restaurants, Retail Chains, QSRs, Pharmacies, Theatres
Examples: Restaurant chains, Jewellery showrooms, Travel agencies How Smart Collect 2.0 Helps

• Creates branch-specific or franchise-specific Customer Identifiers
• Tracks branch-wise sales and partner-wise collections in real-time
• Customises Identifiers with company branding for better trust
• Provides transaction-level breakup for each branch/franchise
• Simplifies multi-location reconciliation

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Department-wise Collections (NEW IN 2.0)

Industry: Hospitals, Large Corporations, Service Centers
Examples: Multi-department hospitals, Universities with various faculties How Smart Collect 2.0 Helps

• Tracks internal department-wise collections seamlessly
• Creates separate Identifiers for different departments/services
• Provides detailed reporting at identifier level
• Enables better cost center management

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Payment Gateway Integration (NEW IN 2.0)

Industry: E-commerce, Online Services How Smart Collect 2.0 Helps

• Customer Identifiers displayed on Payment Gateway checkout
• Generates new unique Identifiers for each transaction
• Customers can choose between gateway and direct bank transfer
• Seamless integration with existing payment flows

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High-Value Transaction Management (ENHANCED IN 2.0)

Industry: Real Estate, Broking, Financial Services, B2B Marketplaces
Examples: Cars24, Real Estate Builders, AIFs How Smart Collect 2.0 Helps

• Instant settlements eliminate cash flow challenges (vs T+2 in traditional methods)
• 99.99% success rate for high-value transactions
• Customer preference for netbanking over gateways for large amounts
• Third Party Verification (TPV) for enhanced security

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Wallet Top-ups and Service Payments (ENHANCED IN 2.0)

Industry: Fintech, Gaming, Digital Services
Examples: Digital wallets, Gaming platforms, Service providers How Smart Collect 2.0 Helps

• Instant notifications for IMPS and UPI payments
• Real-time wallet crediting improves customer experience
• Supports both traditional bank transfers and UPI methods
• Automated refunds for closed identifiers or failed TPV

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Smart Collect Use Cases

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Financial Services - Loan Repayments

Industry: NBFC, Banks, Lending Companies
Example: Acme Loans How Smart Collect Helps

• Automates loan repayment process with Customer Identifiers
• Supports NEFT, RTGS, and IMPS payment methods
• Provides real-time updates on payment statuses
• Reduces manual reconciliation errors in financial reporting
• Borrowers receive unique account details based on repayment schedules

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E-commerce Platforms - Supplier Payments

Industry: E-commerce, Marketplaces
Example: Acme SuperMart How Smart Collect Helps

• Creates unique Customer Identifiers for different marketing campaigns
• Eliminates need to manually identify payment sources
• Provides automatic reconciliation with real-time status updates
• Streamlines payment processes for enhanced accuracy and efficiency

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IT Services - Invoice Management

Industry: Software Development, IT Services
Example: Acme Solutions How Smart Collect Helps

• Handles large volume invoice payments efficiently
• Clients can add bank accounts as beneficiaries in netbanking portals
• Supports NEFT, RTGS, and IMPS transfers
• Provides real-time payment notifications via webhooks
• Ensures swift and informed decision-making

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Educational Institutions - Fee Collection

Industry: Schools, Universities, Educational Services
Example: AcmeHorizon School How Smart Collect Helps

• Accepts large one-time fee payments
• Generates unique Customer Identifiers for each student/fee cycle
• Provides automated reconciliation for accurate financial reporting
• Offers real-time insights into institutional financial health
• Seamless webhook notifications revolutionise data flow