Payment Services

BelPay supports ad hoc and grouped direct debit transactions both domestically and internationally
Debit your customer’s accounts on a recurring basis, in varied amounts, with various due dates
Simplify the management of your account receivables with the pre-authorized Electronic Funds Transfer collection service and consolidate funds against a loan
Reduce borrowing and admin time and costs, cash flow uncertainty, and maximize interest – by efficient processing of your recurring receivables
Introduce zero-balancing or fixed amount transfers – so that your corporate subsidiary accounts maintain minimum operating balances
Reduce clerical effort and errors with online exception management – for dispute resolution, payment tracing and reversals
Periodic electronic reporting on all accepted and rejected payments, verification of deposits and an audit trail
Can be used as an automated collection facility for a wide range of organizations involved in recurring payments, such as utilities, rental and leasing companies, property managers and condominium corporations, insurance, TV cable and newspaper subscriptions, health clubs, churches and charities
See the dramatic difference in the profitability of your global operations – by using BelPay e-invoicing Service for managing Supply Chain Finance

International online and wire transfers, and bank drafts in foreign and local currencies – for greater control, risk management and tracking precision
Corporate money transfers between accounts that your company, your vendors and clients are holding at various financial institutions across the globe (using SWIFT and SEPA) are supported by BelPay’s automated service that improves quality and reduces errors
By special payment instructions, on recurring schedules or in multiple installments

Some payment services supported by BelPay are subject to regulatory approval pending (Service Use Disclaimer).