Apartment Maintenance Bills, Utility Bills, Facility Booking Charges, Move-In/Out Charges, Sinking Fund and other relevant Dues to the Association can now be paid at 0 convenience charges! On ADDA – Your Apartment Super App!
This is applicable for all UPI payments, regardless of the Amount being paid. It is to be noted that earlier only the Amount less than Rs.2000 could be paid at 0 UPI charges.
This significant change – of elimination of MDR altogether for UPI will enable many forward thinking Apartment Owners Associations and Housing Societies to mandate Online Payments for all their Collections.
0 Additional Charges. 100% Automation.
Associations / Societies that are using ADDA ERP as their Apartment Management System will have the workflow as below.
- On the first of every Billing Month / Quarter Apartment Maintenance Bills are generated AUTOMATICALLY
- Resident opens their ADDA app, chooses to pay with Rs.0 additional costs, pay and ear rewards on their favorite UPI apps!
- Upon successful payment Official Receipt of the Association / Society becomes visible to the User on ADDA app
- In the back-end, Accounting entries are AUTOMATICALLY made in ADDA ERP which has books of accounts of the Association!
End – to – End Automatic Billing and Collection.
Having this automated process means – with zero manual intervention collections of the Association can come in. This frees up the Managing Committee to utilise the resourced for better upkeep fo the Property and Facilities. They can also take revolutionary initiatives for the Neighborhood and the Society.
Here is towards a Digital Economy… to hassle free Maintenance Payments.. and to Association Treasurers who can sleep peacefully at night!
PS: Are you still struggling with Virtual Accounts / Collection Gateway to reduce convenience charges? Worry not! Give your Residents the most seamless and enjoyable experience with Payment Gateway on ADDA – Your Apartment Super App!