Improved Cash flow
BankLynx provides billers with same day cleared funds. This helps increase cash flow through reduced dishonours and delays.
Low cost electronic channels
BankLynx offers billers’ customers the ability to make immediate payment from their chosen financial institution, enabling, amongst other things, a reduction in collection costs.
Enhanced reconciliation and reporting
Our platform can provide enhanced reporting features enabling ease of reconciliation for any BankLynx payments received.
Comprehensive security and support
Comprehensive security and support including data integrity by checking digit/validation for customer reference numbers. Registration and enquiry support for billers and their customers is also available.
Accurate data entry
BankLynx reference numbers entered by your customers contain a check digit to validate the accuracy of data entry. This ensures your customers always get the right information.
Improved Customer relationships
BankLynx enables you to embed links on the invoices sent, opening a communication channel and potential marketing "gateway" between you and your customers.
Improved Financial Organisation and Control
Provides greater control by facilitating the management of bills, including providing reminders and notifications. This helps your customers to avoid such inconveniences as losing bills in the mail and, as a consequence, incurring late payment penalties.
One view
Ability to view both bank accounts and bills at the Internet banking site, provides a seamless integrated process for better financial management.
Convenience and Choice
Can choose when to pay (now or scheduled payment), how to pay (choice of account) and amount to pay, without disclosing banking details or relinquishing control.
Save time and Money
Pay anytime/anywhere, with the convenience of reduced and streamlined paperwork.
Greater Security
Documents are distributed and viewed within the secure environment of a banks’ internet banking platform.
Peace of mind
Your customers will always know what is due and when, helping to ensure that they never missing payments again.