Hello everyone, SaanaPay™ is a robust, secure and highly scalable electronic billing, collections and payments platform that is comprised of two complimentary e-payment products.
The electronic billing platform creates instant electronic bills (invoices, demand notices, etc.) and distributes them electronically to customers. The billing platform is integrated with the transaction processing platform, which enables these bills to be paid electronically via payment cards, cash through a bank branch or transfer from a bank account (Internet Banking), or a mobile device.
Both platforms can function separately depending on the need. However, coupling the generation of the bill with the actual payment processing delivers a major revenue assurance and reconciliation benefit, matching the generated bills to payments. These electronic bills can be one-time or recurring, and the system allows for part-payment for bills.
SaanaPay™ features bank-grade security and Role Based Access Control (RBAC) protocols with complete audit capability