Keep your cash flow consistent with prompt payment
SELL MORE WITH CARD LINKED INSTALMENT PAYMENT
Prompt and accurate payment schedule help your business to grow and give you predictability. RewardlyPay Card Linked Instalment Payment offer you a highly automated workflow that you can create an credit card linked instalment payment for your client in a matter of minutes and automatically charge to their card as per the instalment schedule setup.
While Rewardly Card Linked Instalment payment offer a consistent clock-like accuracy, we built in with additional flexibility for your to manage every instalment plan with some customisation so that you can offer a greater flexibility and customer experience to your client. Strengthen your business with solid cash flow management automated by Rewardly PaymentOS.
AUTOMATE YOUR ACCOUNT RECEIVABLE
Scheduled Payment
Establish an installment for your customer (payer) and automatically charge their credit card based on the agreed payment schedule.
Reschedule Payment
Take control of your deferred payments by rescheduling them. Let us handle your receivables automatically.
Automated Retry
Let RewardlyPay manage retries automatically and keep you updated on the dashboard, freeing your time for important tasks.
Multiple Payment Cards
Link multiple cards to the installment plan with RewardlyPay for automatic charges and a clear record trail.
Multiple payment methods
Let customers choose their payment method. Our portal offers features to facilitate payments.
Pre-authorise Amount
Secure the amount before the payment due date for up to days. Minimize failures and protect cash flow.
PRACTICAL IN REAL-LIFE SCENARIO
A customer walks into a home furniture store in Singapore to buy a $3200 leather sofa. Instead of paying the full amount upfront, the store offers a 12-months instalment plan. The customer chooses to pay $700 upfront and split the remaining to $200 per month for twelve months, and $300 on the last month with 0% interest.
Manual Method
35 mins
RewardlyPAY
7 mins
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Agreement & terms 10–15 min
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PO (optional) 5–10 min
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Invoice creation 10 min
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Credit card processing 5–10 min
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Recurring payment 5 min
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Send receipt to customer 5-10 min
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Apply template 1 min
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Fill up customer details 5 min
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First payment 1 min
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Recurring payment 0 min
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Send receipt to customer 0 min
Card Linked Installment payments happen in many commercial transaction, especially for higher amounts of purchase. Current technology can only achieve semi-automation and requires extensive efforts from staff to follow up with clients to ensure payment punctuality. The is prone to errors, which can potentially disrupt services due to miscommunication and lead to poor customer experiences. Rewardly's card linked installment solutions connect directly to your clients' payment cards by simplifying the process and boosting healthy cash flow for your organization."
SETUP IN A MINUTE AND RUN IN YEARS
The card linked installment payment option is an effective way to boost revenue for SMEs. Rewardly's card linked installment payment solution helps you simplify the setup and empowers your staff to quickly generate different payment options for your customers, them choose the option that best suits their financial needs.
PAYMENT SCHEDULING
Minimal entry of key information and setup a payment schedule plan that is most suitable to your client budget.
AUTOMATE PAYMENT
Let us manage the collection of payment based on the setup schedule to offload tasks that you need to monitor.
PAYMENT REMINDER
We help you to send a reminder to your client before, and after the payment schedule for better customer experience.
OMNICHANNELS
Offer greater flexibility to your customer to pay in person, or online. Let us handle the complex reconciliation.
AUTO RECOVERY
Let us manage the payment failure with retry and sending pay-by-link when auto payment retry has failed.
ENTERPISE READY
Have something in mind and need customisation? Let us build a bespoke workflow specific to you!
