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PAYtonic Features Document

Features PAYtonic PAYtonic Business PAYtonic Payroll
PAYtonic Payroll Mobile Mobile and Web Web
Digital Payments
(Mobile to Mobile Payments)
Yes Yes Web based
Weblink Payments
(Accept payment by sending invoice
through SMS along with a payment
Yes Yes Not Applicable
Does it work on Feature Phone Yes Yes No
Does it work on Android and iOS Yes, both Yes, both Web only for now
Settlement time
(Response time for money to reflect
in the account)
Immediate (depends on bank infra and support) Immediate (depends on bank infra and support) Upto 24 hours
Setup Fee Free Free Free
Monthly fee Free Nominal Fees Nominal Fees
Payment methods accepted Debit Card/Credit Card, Net banking
Upcoming - UPI payments and PAY
tonic Wallet
Debit Card/Credit Card, Net banking.
Upcoming - UPI payments and
PAYtonic Wallet
Debit Card/Credit Card, Net banking.
Upcoming - UPI payments and
PAYtonic Wallet
Fraud & Risk management Yes Yes Yes
Accepted Currencies Local currency Local currency Local currency
Set up type Online Online Online
Account Set up time 5 minutes 15 minutes 15 minutes
Onboarding time for a new bank
account, merchant and/or employee
Immediate Immediate Immediate
Recurring Monthly/Annual Billing No Nominal Fees Nominal Fees
Charges on Refunds No extra charge No extra charge Not Applicable
Split payments Yes Yes Yes
Unique Features
  • Only Mobile number needed - Pay & receive money using just the mobile number
  • Accept electronic payments - Pay using credit card, debit card.
  • Faster Payment - Save your cards and bank accounts for easy transfers.
  • Works on Feature phones - Payments auto credited directly into your bank account.
  • Immediate payments from one account to another account using your mobile.
  • Can also set up auto-credit payments.
  • The money is directly transferred bank to bank.
  • Merchant Dashboard
  • Merchant CRM
  • Add unlimited customer details
  • Unlimited SMS invoices with a payment collections link
  • Itemized bill raised along with a payment collection link & bill print option
  • Marketing email services
  • Marketing messages services
  • Collection agents can be added.
  • Provision for Loyalty Program like cashback and other rewards to your customers.
  • Employee Dashboard
  • Generate Payroll slips
  • Automate employee payroll by uploading HR spreadsheets.