Chedda by Support Microfinance Bank
The Situation
Business owners believe limited payment options for their clients can negatively impact customers’ purchasing experience, thereby affecting sales. Therefore, small, medium and large businesses all thrive to have a seamless channel to receive payments. Whether the purchase is offline or online, a solution for seamless collection of payment is highly desirable. Data has shown that payment with transfer is the most preferred choice for both business owners and customers.
The OnePipe Solution
Pay with Transfer built by OnePipe on Fidelity API gateway, Paygate plus, provides an easy way for businesses to receive payments. For online platforms, this solution can be implemented to help generate virtual accounts at the point of payment. And for onsite purchases, the virtual accounts are printed on decals for easy viewing, and customers can be instructed to make payments directly to that account. All payments are swept from the virtual accounts to the preferred bank account of the business.
The Outcome
- Easy Onboarding for any business: Simple and quick onboarding process for business that which to leverage the financial services of Fidelity via the Paygate plus platform
- Virtual account creation: Generate virtual accounts on your platform that can be used for collection of funds from your clients
- Pay collection: Receive payments with unique identifiers from your platform.Â
- Printed Decals for Onsite stores: For physical stores, a decal where the virtual account will the printed on will be provided
