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Standing Orders Make Recurring Payments Easier to Collect

Standing Orders are used to collect payments such as dues, school instalments, membership fees, etc. that are repeated at certain intervals.

With Standing Orders, Paynet member merchants can automatically collect payments from their customers during the date range and repetition frequency they set.  

The customer's card information must first be entered for Standing Orders. A link is sent to the cardholder to collect regular payments at periodic intervals and his/her approval is obtained via the transmitted link.

 

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Conveniences offered by the Standing Orders Method

  • No more tracking manual collection
  • Ability to collect payments without maxing out the card limit
  • Contactless and secure remote payments
  • Diversifies payment methods
  • Eliminates operational burden
  • No more investment costs
  • Increased customer satisfaction and sales

 For detailed information about all our products and solutions, you can contact us by calling our call centre numbers 444 7 729 or 0850 339 77 29 or by sending an e-mail to destek@paynet.com.tr 
 

What are the Benefits of Standing Orders?

 

1
Subscribtion Model

Paynet member merchants can set different date ranges for the payment to be collected (daily, weekly, monthly, yearly, etc.).

2
Confirmation with a Single SMS

A single OTP is sufficient for multiple payments, eliminating the need for the member merchant to contact their customer on each payment day.

3
Information About Payments

The amount can be changed as agreed by both parties.

4
Don't Get Stopped By Limits

Allows payments to be collected without blocking the entire card limit.

5

Lets you change the amounts in changing products and service prices.

6

If there is a problem with the card from which the payment is to be collected, a new card can be added or removed.

7

Notifies you instantly when your customer's card limit is insufficient or closed.

8

Long-term payment option increases customer satisfaction and volume of sales.

Standing Orders is a system that allows you to receive payments regularly.

  • Dues
  • School Fees
  • Membership Fees
  • Invoice payments
Does this answer your questions satisfactorily?