Grab the Benefits of Society Accounting Module through Society Management Application
How many times have you strived with paying dues in your housing society?
Well, if you are living in a worldly, modern society that uses be suited, state-of-the-art Society Management Application, and then maybe not a single time you faced trouble. The reason is easy; you pay online using NEFT or RTGS where the money gets credited to the society account with a single click.
It is the magic of up-to-date technology. Computerization and automation made the things very simple. You get automated SMS pings before the due date. Even if you miss it, an email gets popped up as soon as you login to the mailbox. There is zero chance of missing the deadline. Moreover, you get quick SMS alert and Email notification as soon as you pay the dues.
Handle utility payments using society management software
It’s just a matter of few clicks. You login to the system, select relevant expense head and click the submit button. It gets connected to the internet banking or credit card login where you are needed to fill in login details. You pay the amount and get SMS and Email pings instantly. However, several things happen in the background.
When you access Society Maintenance Software Mumbai to pay the dues, it connects to the bank or financial institution via an intermediate system which is called payment gateway. A reputed gateway is compliant to RBI norms, ISO 27001 standards or PCI. Funds get settled to the bank account of your housing society. The transactions are sheltered and firmed with a high-level encryption algorithm. Hence, you can transact online without any fear of exposure of vital information. Online payment gateway integration is done by the contributor of housing society billing software. You needn’t worry about it because it is precise to the users.
When the software executed in your residential society has integration with a well-founded payment gateway, transaction security is not an issue anymore.
The process of integrating billing gateway
Your housing society becomes the Biller or Merchant because it will gather money electronically. Payment gateway authorities check legal documents, KYC details, and other formalities. After verification and inspection, the society gets registered with the payment gateway. Merchant details get modernized in the system. After successful update, online payment facility gets certified in the software. Now you can utilize it for the payment of dues.
Payment gateway interfaces with all feasible payment choices, e.g. Net Banking, Credit Cards, Debit Cards, etc.
“Hamari Society” is simple & efficient society management software in Mumbai for Co-operative Housing Societies that can make your society administration fast, efficient and automated.
