SabPaisa Product Updates

OCTOBER

SabPaisa continues to be the next generation innovative payment gateway with IMPS and RTGS collection modes, IDFC Challan and more

1. New Features

IDFC Challan: We have integrated a new bank for NEFT i.e. IDFC bank. Now the user has one more option to generate an e-challan of his/her choice. E-challan option is  also available for Bank of India, Allahabad Bank, Corporation bank, etc. 

Settlement Report: The user is able to see the settlement report in SabPaisa.

Refund Transaction Report: The user is able to see their refunded amount in SabPaisa.

Chargeback transaction Report: The user is able to see their chargeback amount in SabPaisa.

RTGS and IMPS collection modes

Enabled RTGS and IMPS collection modes in SabPaisa PG. With this activation, SabPaisa Payment Gateway is now uniquely offering the following modes from a single integrated dashboard:

Credit Card, Debit Card, Net Banking, UPI, Amazon Pay Wallet, Ola Money Post Paid and Pre Paid Wallet, NEFT, RTGS, IMPS, Bank Cash Challans, eNACH, IMPS

Launch of Amazon Pay  and Ola Money wallet in SabPaisa 

SabPaisa has successfully integrated with popular wallets like Amazon Pay and Ola Money.

2. Bug fixes

Browser Version Management: Previously QwikForms application was not compatible with some versions of browsers like Safari, IE, Mozilla Firefox, Opera, etc. But now, it is working well with both the old and new versions.

SPAPP: 

  • After selecting an organization if the user entered the wrong information, a dialogue box appeared. On canceling the dialogue box, a loader appeared and the app stopped responding due to continuous loading. This issue has been fixed.
  • On signup in the app, the name field was accepting numeric values instead of alphabetical values. This issue is sorted out now as the name field is accepting only alphabetical values.
  • Earlier, the OTP entry was not visible to the user. It is visible now.
  • Previously, the app crashed on signup. It is working well now.

 

NOVEMBER – DECEMBER

SabPaisa continues its innovative streak with the launch of the new feature of “Late fee payment for its clients”

Late fee payment feature: The late fee form feature processes four requests of fixed, daily, monthly and periodic updates.

Feature 1: Late fee calculation feature as per client requirement    
     
This feature pertains to automatic late fee calculation spread across four case scenarios.    
     
Case scenario Feature Example
     
One Time Process This activity will be one time for one process For a customer, if process is for Registration, Admission etc, then charges will be added accordingly
Fixed Fixed penalty after the process last date till the late payment date per day after the expiry of the last date of fee payment. For the month of March, March 1st to March 10th is the stipulated date for registration fee payment. From March 11th, penalty of Rs. 50 per day is applied. In other words, irrespective of the late day, a fixed amount of Rs.50 is deducted. If a student wants to make payment of 15th of the month, he/she has to pay – Original fee amount + 50
Daily Update Variable penalty per day after the expiry of the last date of fee payment.  For the month of March, March 1st to March 10th is the stipulated date for fee payment. From March 11th, penalty of Rs. 50 per day is applied. In other words, Rs. 50 gets added on a cumulative basis/day. If a student wants to make payment of 15th of the month, he/she has to pay – Original fee amount + 50 * 5 (no: of late days)
Periodic Here, the penalty amount is applied on a periodic basis. The client allotes 2-3 three extended slots for fees payment with variable penalty rate. For the month of March, March 1st to March 10th is the duration for fee payment. From March 11th to 31st, penalty of Rs. 50 per day is applied. Further, April 1st to April 10th is the second slot for the payment of fees with a penalty of Rs. 75 per day. Similarly, April 15th to April 30th could be the third slot for the payment of fees with a penalty of Rs. 100 per day.  
Monthly Process This activity will be every month For a customer, if process is for School/college Fees Collection, Bill Payments every month etc
Fixed Fixed penalty per day after the expiry of the last date of fee payment. For the month of July, July 1st to July 10th is the stipulated date for fee payment. From July 11th to July 31st, penalty of Rs. 50 per day is applied. In other words, irrespective of the late day, a fixed amount of Rs.50 is deducted. If a student wants to make payment of 15th of the month, he/she has to pay – Original fee amount + 50. The same process repeats during the month of August, September, etc.
Daily Update Variable penalty per day after the expiry of the last date of fee payment.  For the month of July, July 1st to July 10th is the stipulated date for fee payment. From July 11th to July 31st, penalty of Rs. 50 per day is applied. In other words, Rs. 50 gets added on a cumulative basis/day. If a student wants to make payment of 15th of the month, he/she has to pay – Original fee amount + 50 * 5 (no: of late days). The same process repeats during the month of August, September, etc.
Periodic Update (with dates intervals) Here, the penalty amount is applied on a periodic basis. The client allotes 2-3 three extended slots for fees payment with variable penalty rate. For the month of July, July 1st to July 10th is the duration for fee payment. During the first periodic slot from July 11th to July 20th, a penalty of Rs.10 is applied. During the second periodic slot from July 21st to July 25th, a penalty of Rs.20 is applied. During the third periodic slot from July 26th to July 31st, a penalty of Rs.30 is applied. The same process repeats during the month of August, September, etc.
     
Other features of QwikForms    
     
Feature 2: Basic Payer Information page is disabled This feature is removed and now all payer information(Payer Name, Mobile number, Email, Amount) is mapped with original form at form creation time.  
Feature 3: Photo and Signature upload process on Offline Forms Similar to online forms, offline forms have also been enabled with photo and signature upload process. This makes it convenient for the verification of the offline forms.  
Feature 4: Partial Payments Features in Offline Mode  Similar to online mode, the user can do partial fee payment using offline mode as well. Hence, the user has the flexibility to pay the fees on multiple days in a hassle free manner.  
Feature 5: Multilevel Data Storage Feature during submission of Forms  Now user can use the saved information and continue to fill the form in a particular time frame. The link for the same will be sent to the registered email ids along with reference number  

 

 

 

 

 

For more blogs, visit https://blog.sabpaisa.in

YOU ARE READING THE ARTICLE COURTESY: SabPaisa (SRS Live Technologies) – headquartered in New Delhi with eight regional offices including Mumbai, Bangalore & Kolkata – is a rapidly growing fintech company having developed one of India’s most advanced AI-driven recurring payments platform bolstered by another of SabPaisa’s unique products: world’s first hybrid payment platform which has all the payment modes in a single checkout page, online and offline, from UPI to Cards to e-NEFT to e-Cash. Businesses that take SabPaisa’s payment gateway get real-time reconciliation and consolidated reports for all payments, recurring or one-time, online or offline, in a single dashboard, whether the payer is an 18-year-old in Kashmir paying through UPI or a 70 year paying through Cash in Kanyakumari. SabPaisa’s payments and collection application suite have already processed more than INR 12 Billion to date. Learn more about SabPaisa here:https://sabpaisa.in

 

 

 

 

 

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