For businesses/distributors (B2B/B2C), this means:
The alert for payment will be sent to payer/merchant,
Cash transactions will be reduced (Cashless), Deposits are made in real-time,
Details of payment and payment alerts are displayed in real-time and can be reviewed immediately both in the mobile application and on internet banking services.
For the payer of Products/Services (Buyer), PayAlert means :
No more missing of payments,
Reduced possible transaction mistakes,
Transactions can be approved by the merchants anytime and anywhere.
Payments are secured as all transactions must be pre-approved before actual transfers are made.
Details of payment and payment alerts are displayed in real-time and can be reviewed immediately both in the mobile application and on internet banking services.