{"id":6023,"date":"2018-10-21T10:26:36","date_gmt":"2018-10-21T02:26:36","guid":{"rendered":"http:\/\/nxtmag.tech\/?p=6023"},"modified":"2018-10-21T10:26:36","modified_gmt":"2018-10-21T02:26:36","slug":"nets-paycollect-payments-electronically","status":"publish","type":"post","link":"https:\/\/nxtmag.tech\/my\/2018\/10\/21\/nets-paycollect-payments-electronically\/","title":{"rendered":"NETS Launches PayCollect to Help Businesses Collect Payments Electronically"},"content":{"rendered":"

NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically, speeding up collections and improving on their cash flow management. For consumers, paying bills or invoices will become even more convenient and accessible through your mobile phones, anywhere, anytime.<\/span><\/p>\n

\"Four<\/p>\n

Pay and Collect Easily<\/b><\/h3>\n

With PayCollect, billing organisations can send e-invoices to their customers as a request-to-pay notification via SMS\/email, for payment using DBS, OCBC, UOB or NETSPay mobile apps. After receiving the e-invoice, you can choose to pay by clicking on a link within the notification and be directed to a secure payment page for confirmation.<\/span><\/p>\n

\"What<\/p>\n

PayCollect is also integrated with popular accounting packages for corporates and SMEs to go fully electronic for the entire billing, payment and reconciliation cycle. They can hence easily and seamlessly issue e-invoices, track payment status real-time and perform end-of-day reconciliation all within their accounting process. Leading accounting software MYOB offered by ABSS through a partnership with Mint Payments will be supported for a start, with other software packages following soon after.<\/span><\/p>\n

\"Three<\/p>\n

Smaller merchants such as delivery and personal services (for example, tuition providers, florists, drycleaners, handymen) without accounting packages will also find PayCollect useful as they only require a customer\u2019s mobile number in order to bill them. An e-invoice can be sent to their customers for e-payments on-the-spot. \u00a0Charitable organisations can also improve their processes and lower the operating cost of collecting donations with this service.<\/span><\/p>\n

\"How<\/p>\n

Implementation<\/b><\/h3>\n

KK Women\u2019s and Children\u2019s Hospital selectively imple<\/span>mented the PayCollect service with NETS in March this year for their wellness programmes and events to encourage more cashless payments. \u00a0Response has been positive with more participants using PayCollect to pay their fees. The hospital is exploring extending the service.<\/span><\/p>\n

PayCollect complements national e-invoicing and digitisation initiatives, including the nationwide B2B e-invoicing framework recently launched by IMDA, as it provides businesses with the capability to extend e-invoicing to consumers and reduces cash and cheque usage<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically, speeding up collections and improving on their cash flow management. For consumers, paying bills or invoices will become even more convenient and accessible through your mobile phones, anywhere, anytime. Pay and Collect Easily With PayCollect, […]<\/p>\n","protected":false},"author":2,"featured_media":6028,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","footnotes":""},"categories":[19],"tags":[372],"class_list":{"0":"post-6023","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-nets"},"yoast_head":"\nNETS Launches PayCollect to Help Businesses Collect Payments Electronically - NXT Malaysia<\/title>\n<meta name=\"description\" content=\"NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nxtmag.tech\/my\/2018\/10\/21\/nets-paycollect-payments-electronically\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:locale:alternate\" content=\"en_SG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NETS Launches PayCollect to Help Businesses Collect Payments Electronically - NXT Malaysia\" \/>\n<meta property=\"og:description\" content=\"NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nxtmag.tech\/my\/2018\/10\/21\/nets-paycollect-payments-electronically\/\" \/>\n<meta property=\"og:site_name\" content=\"NXT Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-21T02:26:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nxtmag.tech\/wp-content\/uploads\/2018\/10\/nets-paycollect-feature.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"NXT\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"NXT\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/\"},\"author\":{\"name\":\"NXT\",\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/#\\\/schema\\\/person\\\/c426122b1dd58a57f52a773b80de3852\"},\"headline\":\"NETS Launches PayCollect to Help Businesses Collect Payments Electronically\",\"datePublished\":\"2018-10-21T02:26:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/\"},\"wordCount\":340,\"image\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/nxtmag.tech\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/nets-paycollect-feature.jpg\",\"keywords\":[\"NETS\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/\",\"url\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/\",\"name\":\"NETS Launches PayCollect to Help Businesses Collect Payments Electronically - NXT Malaysia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/nxtmag.tech\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/nets-paycollect-feature.jpg\",\"datePublished\":\"2018-10-21T02:26:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/#\\\/schema\\\/person\\\/c426122b1dd58a57f52a773b80de3852\"},\"description\":\"NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/#primaryimage\",\"url\":\"https:\\\/\\\/nxtmag.tech\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/nets-paycollect-feature.jpg\",\"contentUrl\":\"https:\\\/\\\/nxtmag.tech\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/nets-paycollect-feature.jpg\",\"width\":1000,\"height\":750,\"caption\":\"PayCollect infographic\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/2018\\\/10\\\/21\\\/nets-paycollect-payments-electronically\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/nxtmag.tech\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NETS Launches PayCollect to Help Businesses Collect Payments Electronically\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/#website\",\"url\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/\",\"name\":\"NXT Malaysia\",\"description\":\"Gear, Gadget, Technology\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/#\\\/schema\\\/person\\\/c426122b1dd58a57f52a773b80de3852\",\"name\":\"NXT\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3df61dffd2251dce64d0dd37531fe754b46b0b2026acd61b51a5c9d429f8cc6f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3df61dffd2251dce64d0dd37531fe754b46b0b2026acd61b51a5c9d429f8cc6f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3df61dffd2251dce64d0dd37531fe754b46b0b2026acd61b51a5c9d429f8cc6f?s=96&d=mm&r=g\",\"caption\":\"NXT\"},\"url\":\"https:\\\/\\\/nxtmag.tech\\\/my\\\/author\\\/lawrence\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NETS Launches PayCollect to Help Businesses Collect Payments Electronically - NXT Malaysia","description":"NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nxtmag.tech\/my\/2018\/10\/21\/nets-paycollect-payments-electronically\/","og_locale":"en_US","og_type":"article","og_title":"NETS Launches PayCollect to Help Businesses Collect Payments Electronically - NXT Malaysia","og_description":"NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically.","og_url":"https:\/\/nxtmag.tech\/my\/2018\/10\/21\/nets-paycollect-payments-electronically\/","og_site_name":"NXT Malaysia","article_published_time":"2018-10-21T02:26:36+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/nxtmag.tech\/wp-content\/uploads\/2018\/10\/nets-paycollect-feature.jpg","type":"image\/jpeg"}],"author":"NXT","twitter_card":"summary_large_image","twitter_misc":{"Written by":"NXT","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/#article","isPartOf":{"@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/"},"author":{"name":"NXT","@id":"https:\/\/nxtmag.tech\/my\/#\/schema\/person\/c426122b1dd58a57f52a773b80de3852"},"headline":"NETS Launches PayCollect to Help Businesses Collect Payments Electronically","datePublished":"2018-10-21T02:26:36+00:00","mainEntityOfPage":{"@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/"},"wordCount":340,"image":{"@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/#primaryimage"},"thumbnailUrl":"https:\/\/nxtmag.tech\/wp-content\/uploads\/2018\/10\/nets-paycollect-feature.jpg","keywords":["NETS"],"articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/","url":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/","name":"NETS Launches PayCollect to Help Businesses Collect Payments Electronically - NXT Malaysia","isPartOf":{"@id":"https:\/\/nxtmag.tech\/my\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/#primaryimage"},"image":{"@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/#primaryimage"},"thumbnailUrl":"https:\/\/nxtmag.tech\/wp-content\/uploads\/2018\/10\/nets-paycollect-feature.jpg","datePublished":"2018-10-21T02:26:36+00:00","author":{"@id":"https:\/\/nxtmag.tech\/my\/#\/schema\/person\/c426122b1dd58a57f52a773b80de3852"},"description":"NETS recently announced the launch of PayCollect, a new service that allows businesses to issue invoices and collect payments electronically.","breadcrumb":{"@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/#primaryimage","url":"https:\/\/nxtmag.tech\/wp-content\/uploads\/2018\/10\/nets-paycollect-feature.jpg","contentUrl":"https:\/\/nxtmag.tech\/wp-content\/uploads\/2018\/10\/nets-paycollect-feature.jpg","width":1000,"height":750,"caption":"PayCollect infographic"},{"@type":"BreadcrumbList","@id":"https:\/\/nxtmag.tech\/2018\/10\/21\/nets-paycollect-payments-electronically\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nxtmag.tech\/"},{"@type":"ListItem","position":2,"name":"NETS Launches PayCollect to Help Businesses Collect Payments Electronically"}]},{"@type":"WebSite","@id":"https:\/\/nxtmag.tech\/my\/#website","url":"https:\/\/nxtmag.tech\/my\/","name":"NXT Malaysia","description":"Gear, Gadget, Technology","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nxtmag.tech\/my\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nxtmag.tech\/my\/#\/schema\/person\/c426122b1dd58a57f52a773b80de3852","name":"NXT","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3df61dffd2251dce64d0dd37531fe754b46b0b2026acd61b51a5c9d429f8cc6f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3df61dffd2251dce64d0dd37531fe754b46b0b2026acd61b51a5c9d429f8cc6f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3df61dffd2251dce64d0dd37531fe754b46b0b2026acd61b51a5c9d429f8cc6f?s=96&d=mm&r=g","caption":"NXT"},"url":"https:\/\/nxtmag.tech\/my\/author\/lawrence\/"}]}},"_links":{"self":[{"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/posts\/6023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/comments?post=6023"}],"version-history":[{"count":1,"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/posts\/6023\/revisions"}],"predecessor-version":[{"id":6029,"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/posts\/6023\/revisions\/6029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/media\/6028"}],"wp:attachment":[{"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/media?parent=6023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/categories?post=6023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nxtmag.tech\/my\/wp-json\/wp\/v2\/tags?post=6023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}