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 link)	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.