New Delhi, May 10 (KNN) CaptainBiz, a fintech-SaaS platform serving MSMEs, has unveiled Bill2Pay, a new feature that integrates invoice generation, digital payment collection, and real-time cash flow tracking into a unified invoice-linked payment system.
This innovation allows businesses to attach unique digital payment links directly to their invoices, enabling customers to make immediate payments through various methods including UPI, debit cards, credit cards, net banking, or digital wallets.
The system automatically updates payment status against the corresponding invoice once payment is received, eliminating manual reconciliation and tracking errors.
CaptainBiz’s platform also helps small businesses manage GST-compliant invoicing and filing, inventory tracking, cash flow management, and audit preparation through an accessible SaaS platform available on both web and mobile platforms.
Bill2Pay is currently available to all CaptainBiz web users with mobile app integration coming soon. The feature enables businesses to generate secure, one-click payment links for each invoice and share them instantly via WhatsApp, email, or SMS, streamlining the collection process.
Developed specifically for India’s 64 million MSMEs, the tool addresses a critical need as nearly 50 per cent of these businesses face payment delays exceeding 90 days.
“Cash flow delays kill more small businesses than competition ever will,” stated Yashraj Vakil, CEO, CaptainBiz.
He emphasised, “Bill2Pay connects invoice creation to payment collection in one click, giving MSMEs the power to accelerate collections, stay audit-ready, and strengthen their working capital without chasing customers or juggling multiple systems.”
“Bill2Pay moves MSMEs from billing to banking in one seamless journey, making cash flow predictable and growth sustainable,” added Vakil.
For Indian MSMEs typically operating on extended 30-90-day credit cycles, Bill2Pay aims to reduce Days Sales Outstanding, increase GST compliance, enhance operational readiness, minimise revenue leakage and manual errors, and strengthen credit profiles by establishing a clean, verifiable digital transaction history.
(KNN Bureau)
