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Version: v2

Payment Modes

CCG allows following payment modes

  • Pay with Wallet
  • One Time Pay
  • Pay and Store

Pay with Wallet​

Pay with Wallet refers to making a payment using a digital wallet or mobile wallet application. A digital wallet is a virtual wallet that allows users to securely store payment information, such as credit/debit card details, bank account information, and other payment methods, on a mobile device or online platform.

One Time Pay​

One-time payment refers to a single payment made by the payer to resolve a debt, acquire goods or services, or meet a financial obligation. In contrast to recurring payments or subscriptions, a one-time payment does not entail continuous charges or automatic withdrawals from the payer's account. This payment method enables the payer to make a solitary payment for a particular purpose without the requirement for recurring payments or sustained financial obligations

Pay and Save​

Pay and Save is crucial for managing subscriptions, installment payments, and recurring expenses, as it involves setting up automatic deductions from the individual's account at regular intervals, such as monthly or annually. By incorporating a savings component, Pay and Save enables individuals to streamline financial management, automate the savings process, and make significant strides towards securing a stable financial future.

IVR​

IVR stands for Interactive Voice Response. It is a technology that allows automated interactions with callers through voice and touch-tone inputs. IVR systems can provide information, route calls, and enable self-service options without the need for human intervention

IVR technology is commonly used in payment gateways for various purposes, including:

  • Payment Processing: IVR systems can securely process payments over the phone by allowing customers to enter their payment information using their touch-tone keypad.
  • Payment Verification: IVR can be used to verify payment details, such as confirming payment amounts, transaction IDs, or account numbers.
  • Payment Reminders: IVR can send automated payment reminders to customers, prompting them to make payments or update their payment information.
  • Customer Service: IVR systems can handle customer inquiries related to payments, account balances, transaction history, and more, providing a self-service option for customers.
  • Payment Authentication: IVR can be used for two-factor authentication or verification purposes to ensure secure payment transactions.