SBI Collect: SBI Collect is a payment aggregator service offered by State Bank of India (SBI) that allows businesses to collect payments from their customers through a variety of channels, including online, mobile, and offline. SBI Collect is one of the most popular payment aggregator services in India, with over 1 million businesses using it to collect payments.
Benefits of using SBI Collect
- SBI Collect offers a variety of payment options, including credit cards, debit cards, net banking, and UPI.
- SBI Collect makes it easy for your customers to pay you.
- SBI Collect uses a variety of fraud protection measures to keep your payments safe.
- SBI Collect offers competitive pricing for its services and provides affordability to businesses.
- SBI Collect can help you to streamline your payment collection process and improve your cash flow.
How to use SBI Collect
To use SBI Collect, you will need to first register for SBI Collect account. You can do this on the SBI Collect website- www.onlinesbi.sbi. Once you have registered for an account, you will be able to generate payment links for each transaction. Then you can share these payment links with your customers. Your customers will be able to pay through the payment links using their preferred payment method such as phonepe, google pay, and paytm.
SBI Collect onboarding for businesses
To onboard with SBI Collect, you will need to provide your business details, including your name, address, contact information, and bank account number. You will also need to submit the required documentation such as PAN card, GST certificate, and business registration certificate etc. Once your account is approved, you can start collecting payments from your customers using SBI Collect portal.
Process for onboarding on SBI Collect
The step-by-step process for onboarding on SBI Collect for merchants, corporations and other institutions:
Step» 01. Visit official website
To onboard on SB collect, First you need to visit SBI bank official website – www.onlinesbi.sbi and then click on login button with ‘YONO Business’ under corporate banking.
Step» 02. Enter your credentials
Enter your existing user ID and password of Corporate Internet Banking, e-Trade, e-Forex, Supply Chain Finance or Cash Management product to login to YONO business. After clicking on login you will receive an OTP. Enter OTP received on Registered Mobile Number & submit.
Step» 03. SBI Collect onboarding
Click on Corporate INB logo. Select SB Collect option from quick links or by click on logo.
Step» 04. Select from 2 options
- Define Institution (this is one time process)
- Define category (multiple category can be created for accepting different types of payments)
Step» 04. Add/modify institution
Select appropriate options as per your requirement (It can be modified at any time)
Step» 05. Category Selection
Selects define category option by clicking on Add Category and fill your details such as Category Name, state, Account type.
Step» 06. Configure Payment Details
Your selected options will be displayed on corporates SB Collect page and must filled at the time of making payment. After that configure payment account details.
Step» 07. Verification
Check modify option and verify your details then press confirm button. Enter OTP received on your registered mobile number and click on submit.
Now your SB Collect onboarding process done! Download the system generates documents, sign and submit them at your home branch.
Benefits of SBI Collect onboarding
SB Collect offers a variety of payment options and real-time payment processing, making it easy for your customers to pay you.
SB Collect uses a variety of fraud protection measures to keep your payments safe.
SB Collect offers competitive pricing for its services.
SB Collect can help you to streamline your payment collection process and improve your cash flow.
SBI Collect onboarding for businesses
To onboard with SBI Collect, you will need to provide your business details, including your name, address, contact information, and bank account number. You will also need to submit the required documentation, which may include your PAN card, GST certificate, and business registration certificate. Once your account is approved, you can start collecting payments from your customers.
How to download SBI collect receipt in PDF
To download your SBI Collect receipt in PDF, follow these steps:-
1. Go to the SBI Collect official website and log in to your account.
2. Now click on the “Payment History” tab.
3. Select the date range for which you want to view your payment history.
4. Now click on the “Go” button.
5. A list of all your payments will be displayed here.
6. Click on the “Print” button next to the payment for which you want to download the receipt.
7. A new window will open with a preview of the SB Collect receipt.
8. Now click on the “Download” button to download the SB collect receipt in PDF format.
SBI Collect receipt in PDF format from the SBI YONO app
To download SBI Collect receipt in PDF format from the SBI YONO app, follow these simple steps:-
1. Open the SBI YONO app and log in to your account.
2. Now tap on the “Accounts” tab.
3. Select the account from which you made the payment.
4. After that click on the “Statement” option.
5. Select the date range for which you want to view your statement.
6. Tap on the “Download” button to download your statement ( SBI Collect receipt ) in PDF format.