Mysocietyclub.com Payment Gateway Integration

Mysocietyclub.com has recently integrated the Payment Gateway, which will help the members to pay their dues using Mysocietyclub.com via Credit Card / Debit Card and or NetBanking. This will enable the association / societies to collect the dues from the members directly to the association’s / society’s bank account.

Benefits of Online Payment Gateway

The members / resident get immediate confirmation that their payment has reached the Society / Association
The lead time for collections can reduce drastically as Residents would prefer to pay by credit card
With more and more members / residents using the Payment Gateway, below Admin Overhead are completely eliminated!

Cheques collection
Preparing Deposit Statement with correct details
Depositing the collected Cheques to the Bank
Making accounting entering of cheques in the Accounting System.
Reconciling each Cheque.
Processing Returned Cheques, lost cheques, managing Late Payment Penalty disputes.
Managing Suspense payments, due to Bank Transfer/Cheques without Name or Flat Number.
Manual Errors and Retention woes of Admin Employees who handle the above!
If you wish to know how Payment Gateway Integration works click the below links :
Go Green! Pay Online Pay Society Maintenance Bills Online
FAQs on Payment Gateway