Running the day-to-day operations of a business can be time-consuming and tedious. SME owners and entrepreneurs are often required to fill multiple roles which means they do not always have time to issue invoices, follow up on payments, manage accounts and manually process debit orders.

Collections and payments play a critical role in running a successful business. These, however, are often the last thing a business owner feels like doing after a long day at the office. Outstanding balances can negatively impact a business’ cash flow and cause business growth to stagnate. For this reason, implementing an automated recurring debit order solution is crucial to a well-managed, successful business.

A recurring debit order solution offers various benefits that other traditional and more costly payment management systems do not. The main advantage is that it saves you, the small business owner, time and money.

PayPort SA explores the 6 benefits businesses can expect when instituting their automated debtor collection system.

#1 Recurring debit order is an effective solution

By setting up an automated debit order process, you do away with the time and expense associated with manually processing payments. A digital system also provides you with a record of payments and removes having to perform the same debit order every month for existing clients from your to-do list. Implementing an automated debit order solution allows a business to better manage its cash flow which stimulates growth.

#2 The application process is fast and secure

Getting started with PayPort is fast and straightforward and only requires you to visit one of our brick and mortar stores once. All you do is come in, sign up, provide us with your business’s details and necessary documents and you are good to go.

Once your PayPort process is complete, we create an administrator profile for your business on our online platform. This profile allows you to log into your PayPort account as and when to perform the functions and actions associated with the product you have selected.

#3 Accessible to all businesses no matter their size

Whether you process two payments, or you process multiple debts, we cater to all businesses. If you qualify for our service, you can use it to manage your debit orders no matter the size of your business or the number of debit orders.

PayPort’s goal is to assist SMEs with a secure and effective recurring debit order solution that suits their budgets and saves them time. PayPort wants to help small businesses grow.

#4 Allows business to streamline its operations

A recurring debit order solution makes managing your businesses operations extremely simple as our PayPort products can integrate with your existing accounting software. Alternatively, if you do not use an existing payment system, we offer a payment and billing system to simplify the debit order management process further.

The flexibility of our debit order system allows for easy automation of the entire debtors’ process. From the payment request stage through to payment processing and reconciliation. Our system has made it simpler than ever to manage your business’s accounts and payments, all from our easy-to-use online platform.

#5 Administration and management can be done online

Once you’ve added your customers to the PayPort system, our system will automatically create an invoice, process customer debit orders, reconcile the transaction and deposit the funds into your account.

The entire account management system is automated and can be accessed online which means you can log in to your account on our user-friendly platform at any time to view the status of your payments/ debit orders and payment flows.

#6 Online and efficient customer service support

PayPort’s automated system is always on meaning you can access your online account 24/7. PayPort gives you complete control over your payments, whether it is in the office or the comfort of your own home.

Our easy to use online portal is accessible from any location with an internet connection and makes capturing, tracking and managing new and existing debit orders, on your PayPort profile quick and efficient.

If you cannot find a solution through our online channel, you can call and speak to one of our available customer service support consultants who are standing by to assist you in any way they can.

Reasons to partner with PayPort SA:

  • PayPort offers payment solutions that are more cost-effective than South Africa’s banks.
  • The application process is quick and efficient.
  • PayPort does not require an upfront security deposit for your business to process payments through its systems.
  • Provides an accessible solution for South African SMEs.
  • Uses advanced technology to provide fast and tailored solutions to its clients.
  • After set-up, the entire debit order administrative process can be managed through their online platform.

PayPort SA delivers an accessible, innovative and user-friendly solution to South African businesses, no matter their size, at affordable prices.

PayPort SA is a nationally recognised collections and payments solution provider with over 18 years’ experience in the E-Commerce industry.

Contact PayPort SA today to save your business time and money.

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