How Is OkCredit Helping MSMEs With Online Payment Collection?

. 5 min read
How Is OkCredit Helping MSMEs With Online Payment Collection?

Table of Contents:

About OkCredit App

OkCredit's In-App Payments

Benefits Of OkCredit Common Ledger

How Has The OkCredit App Been Beneficial For Indian SMEs?

About OkCredit App

OkCredit is your ultimate destination for managing accounts, send/receive debts, and making digital payments. It is the full-proof solution to all your accounting ledger needs. Ok Credit App is not your general accounting ledger it's also-

  • an online accounting ledger book
  • WhatsApp Khata
  • Personal Finance Ledger
  • Udhar Khata Software

Okcredit Digital Udhar Khata was founded in 2017, for empowering the small businesses of India. The Ok Credit App is a digital udhar khata that is created by the brilliant masterminds of India, whilst also promoting the Make In India campaign. OkCredit meets all your journal ledger accounting needs and also provides you with a secure backup free of cost. Just download Ok Credit, then register with your mobile number, Enter OTP or Password, and you're good to go. Ok Credit App provides advanced features that'll dilute questions like ledger book Kaise banaye, free khata business app or simple bookkeeping ledger for pc.

Ok Credit App is available in 11 languages including Hindi, English, Bengali, Tamil, etc. Ok Credit App Download will revolutionise the way you maintain accounting ledger books, sales ledgers, stock ledgers, bank ledger accounting, bookkeeping ledger, small business ledger, and impersonal ledger. With over 5.5 million active users all over India, OkCredit stands out as the best udhar khata app in the market. No need to keep searching for Ok Credit App Download For Pc, as you can now generate annual reports via your personal computer.

OkCredit's In-App Payments

Quick bill payment online doesn't require multiple apps or cards anymore, as our new feature will help you manage and process all your online bill payment within seconds. Ok Credit app works wonders for SMEs across India, and now with our new Payments Feature, you can view and pay bill all under one tab in the blink of an eye.

Apart from bill check and quick bill pay via generation of instant invoice reports OkCredit also helps merchants clear-off all debts between suppliers and retailers. Our newest payment supplier feature will do just the same for you by bringing all features like- Insta merchant pay and current bill online payment under one roof. The In-App payments feature will take care of daily issues like-

  • Maintain accurate online bill check regularly.
  • Quick bill pay for all OkCredit's merchants and suppliers.
  • Manage all current bill payment anytime/anywhere.
  • Record sale/purchase done with your suppliers.
  • Option to chose between best online payment gateways.
  • View and pay as per your generated reports and send reminders via Whatsapp instantly.
  • Works as the ultimate e payment system for suppliers to keep track.
  • Efficiently keep an eye on the current bill check for each profile individually.
  • Multiple online payment methods for making merchant account online transfer easier.
  • Make payment convenient and hassle-free via an online payment system.

Benefits Of OkCredit Common Ledger

In the Ok Credit app for PC, there are 2 tabs- Customer and Supplier from which you conduct your major in-app transactions. If your customer/supplier is registered on OkCredit, they have access to view the same ledger maintained for them. This concept is commonly known as "Common Ledger". Both suppliers and merchants can view this common ledger and add transactions as per need. You can also choose to restrict your customer from adding transactions. Both merchant and supplier do not need to maintain a different accounting ledger book, as all transactions can be maintained in the common ledger.

It saves a lot of time and ensures trust between both parties by recording every transaction into a single ledger. If you aren't comfortable with your customers adding transactions into the common ledger, you can Deny to Add Transactions and your customer can just View the Ledger. Both parties can View the same Due Amount at any point in time, hence, eliminating any confusion. OkCredit app also provides in-app chat to discuss and solve errors related to any particular transaction. OkCredit App's new In-App payments feature is mainly targeted towards supplier payments to make their life easier. This feature facilitates is free-of-cost instant approval for payment gateways.

How Has The OkCredit App Been Beneficial For Indian SMEs?

Maintaining a ledger book is quite tricky as the shopkeeper can get it lost or damaged due to any reason. But having everything digital is saved in one particular platform can help to solve various problems. Also, there is no chance of the vendors or customers cheating the shop owners as this Bahi Khata app is digital evidence of the things or finance purchased on credit. OkCredit is an exceptional Bahi Khata app through which you can maintain a seamless online ledger book or bookkeeping aspect of your business.

Ok Credit app for PC is entirely free of cost, and it is available for various devices, including PC and other mobile devices. It has helped the shopkeepers to monitor the cash that they are supposed to receive from people. The OkCredit digital Udhar Bahi Khata app is available for or Windows and has covered almost 10 Million Plus app installations with a rating of 4.7 stars.

One of the primary functions of the OkCredit App is to assist the merchants involved in SMEs comprehensively in conducting the bookkeeping operation. With an intuitive dashboard and user-friendly interface, anyone who uses the app can access it with a single click of a button. It's also beneficial in saving time while maintaining a centralised flow of business cash. All the details are maintained digitally, eliminating the need to keep a hard copy or a ledger book.

Also Read:

OkCredit: Simple, Paperless & Secure solution for businesses

OkCredit: All you need to know about OkCredit & how it works.

OkCredit Introduces In-app Payments: The Ultimate Supplier To Merchants Payments Solution.

Stay updated with new business ideas & business tips with OkCredit blogs in- English, Hindi, Malayalam, Marathi & more! Download OkCredit now & get rid of your bookkeeping hassles.

OkCredit is 100% Made in India.

FAQs

Q. What Online Payment Gateway Options Are Available For Users?

Ans- You can send your online payments to suppliers via the following options-

  • UPI (Google Pay, Phonepe, Paytm, etc.)
  • Debit Cards
  • Credit Cards
  • Net Banking
  • Wallets

Q. How to send reminders on OkCredit?

Ans- Open a customer account and down the screen, you can see a button called SEND. Click on it and hold for 3 seconds to select SMS or WhatsApp to send a payment reminder to the customer.

Q. What should I do if my mobile is lost/broken?

Ans- You need not worry about losing your device, as your account data automatically gets locked in the application. Every device which you use but has your registered phone number as your Sim Card is easily available for login. Only you would be having access to your data, hence, maintaining high privacy settings amongst you and your consumers.

Q. Is OkCredit an Indian company?

Ans- Yes, OkCredit is an Indian company that was established in 2017 by 3 friends. Its official headquarters are located in Bangalore. OkCredit app has had millions of installations within 3 years of its beginning. It's user-friendly interface and multiple language options have made it a trader's choice over the years.