Trusted payment gateway in India for leading brands
Create and manage unlimited virtual accounts for instant payments with InstaCollect
Easebuzz InstaCollect simplifies business operations by generating virtual accounts with UPI IDs and QR codes through a user-friendly dashboard. Businesses can share collection requests and receive notifications for each payment. Whether handling franchise models or multiple business chains, the platform seamlessly links everything to a single master admin account, providing centralized viewing of transactions and reconciliations.
Multiple virtual accounts
Create multiple virtual accounts through InstaCollect for instant payment collections through NEFT, RTGS, and IMPS.
Static & Dynamic QR codes
Create static or dynamic QR codes from InstaCollect dashboard or via dashboard for QR code payments and receive UPI payments from customers.
Sub merchant model
Submerchant model helps businesses to receive automated commissions and get direct access to sub merchant dashboard while keeping an eye on every transaction.
Merchant has the flexibility to accept/ reject transactions automatically via webhook or manually through dashboard.
Order management system
Orders created from InstaCollect dashboard as well as API helps to receive payment with better accessibility and easy integration.
Refund is easily initiated against any transaction using transaction id. The processing & the status of the refund can be seen on InstaCollect dashboard.
Settlements with InstaCollect
Instant payments received are easily tracked and settled through the Easebuzz dashboard.
Per transaction settlement can also be initiated to the master current account on InstaCollect dashboard.
Avail the benefits of InstaCollect
With InstaCollect, it becomes easy to generate distinct UPI IDs for every event and effortlessly receive notifications for each payment directed to these IDs.
Retailers can use QR codes & Easebuzz Soundbar for instant payment collection & audio confirmation. With order management they can also simplify order tracking with unique IDs.
Business Connect recognised Housing communities, internet service providers, etc, can create virtual accounts to accept payments and share it with their vendors.
Business Connect recognised Financial services can create virtual accounts to collect loan amount disbursed from its customers.
Benefits of using QR code payments through InstaCollect
Automatic split settlement
The settled amount in the virtual account can be automatically split in multiple accounts.
Customisation of UPI Ids
Merchants can create their customised UPI Ids as per the branding needs.
Multiple payment options
Customers can make payments via NEFT, RTGS, IMPS and UPI.
Saves reconciliation time and effort by automating the reconciliation process.
Account level visibility
Merchant gets full visibility of every transaction received by the sub merchant from the customer.
Merchants can update their systems with Webhooks and get real-time notifications on the systems.
Make transactions effortless with InstaCollect
Automate the reconciliation of incoming payments through NEFT, RTGS, IMPS directly into bank account. Watch the video to know more.
What our customers say about us
The development team at BigBasket found payment solutions easy-to-use. The service quality is awesome and helps us save on cost of operation. Easebuzz brings value in terms of customer satisfaction with their high success rates on payment solutions followed by easy-to-use seamless APIs.George Francis
We have seen immense improvement in our fees collection process with Easebuzz as they have automated and digitized reconciliation for us. Even for parents, it has become a secure, faster way to pay fees. Typical challenges like fee refunds, defaults, and splitting fees between departments as per courses are solved easily with the solution provided to us.Pinak Agrawal
Operations Officer - Branding & Media Relations
As a leading real estate company, we at DLF required a solution to streamline our payment process and ensure accurate settlements for our collections. Easebuzz provided comprehensive payment solutions by understanding our needs. The API integration made it seamless for us to generate customer-specific payment links, and transaction-wise settlements ensured accurate reconciliation of our accounts. The sub-merchant module also provided flexibility in managing our individual properties and collection process.Ms. Sandhya Singla
General Manager - Sales Finance and Accounts
Manage end-to-end payment collections with complementing Easebuzz products
Frequently Asked Questions
The advantage of Easebuzz InstaCollect is that it not only collects UPI payments or incoming bank transfers, but also tracks and reconciles payments automatically. This is done by using virtual UPI IDs and bank accounts, a facility that is not provided by banks.
A virtual account can be defined as a pass-through account that is linked to a real bank account. With businesses receiving payments from different sources over a period of time, tracking becomes extremely difficult. Virtual accounts help in these as they improve payment reconciliations, increasing ease and efficiency.
Customers can make payments to the bank account or UPI ID that they receive through simple IMPS, RTGS, NEFT or a preferred bank portal. While the payment is done to a virtual account, the payment process is just as seamless as the regular account.
Customers can make offline payments through NEFT or RTGS, but cash payments cannot be processed by virtual accounts.
If the virtual account is closed, Easebuzz will automatically refund the payment to the source within 1 business day.