Auto Collect

Neoelectron > Auto Collect

Collect business payments with virtual account & automate reconciliation

Collect funds seamlessly and use the power of unique virtual payment address & virtual bank account to automatically reconcile all bank transfers to your account via UPI, NEFT, IMPS,and RTGS.
Zero cost creation
365 days settlements
Real-time alerts

The most trusted and unique e-collect solution in the market

Here is why leading businesses are using the power of virtual accounts with Auto Collect

  • Real-Time Reconciliation

    With the power of webhooks and dashboards, match all incoming business payments to individual branches/departments in real-time. Know who paid and when.

  • 365-Days Flexible Payment Settlements

    Enjoy 365-day payment settlements. From 30 minutes to 30 days, settle directly to your bank account 24x7 even on a bank holiday.

  • Split Incoming Payments

    Collect payments via Auto Collect, and automatically split with multiple parties based on predefined percentages and settlement cycles.

  • Centralized Dashboard & Reporting

    Stay on top of your daily, weekly, and monthly sales of each business unit with easy-to-read graphs and downloadable reports.

  • Amount Lock and remitter Lock

    Receive fixed funds from KYC approved customers only by enabling amount and remitter lock to further increase the accuracy of your reconciliation process.

  • Activation Control & Payment Rejection

    Create/deactivate virtual accounts in real-time. Transfers initiated to a disabled virtual account get auto rejected.