PayG Invoice – Generate & Share Payment Details Effortlessly

PayG empowers its users to ask their buyers for payment with complete invoices. Creating a flawless payment invoice is not far away anymore because PayG brings it into its product suite. Let's check out how to create these, along with some other details.

What Is PayG Payment Invoice?

Invoices are the formal documents that hold all the details of a transaction – in other words, it is a document that shows the price breakups of an item. It is an important document both in online and offline transactions. The details on an invoice include the following:

  • Item details (product or service code and quantity)
  • Receipt number
  • Buyer details (name, address, contact details, etc.)
  • Price breakup (actual price, tax, gross price, deduction/discount, net payable amount)

Today, online businesses offer a soft copy of the same invoice for each transaction on their page or app. The buyers can download it anytime for their records.

The users of PayG get an option to create invoices and ask for payments through it.

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How To Create An Invoice with PayG?

To create an invoice with PayG, here are the steps:

  • Log in to your account or sign up and quickly onboard yourself
  • Navigate to “Dashboard” and then hit the “Create” button
  • Click on “Invoice” option
  • Enter the details like customer name, address, email, contact number, invoice details, and amount
  • Recheck the details for accuracy and then click on “Proceed Now”

This invoice is now ready for sharing – PayG users can click on the "Send" option so that the buyer can receive it in the entered mail ID.

The merchant can monitor the actions on this invoice (whether the payment is received or not) from the same page. On clicking "Manage Invoice", they can see the list of invoices, then on selecting a particular one, the status of the invoice will be visible.

Supported Payment Methods

Once the merchant sends the invoices to the buyers through mail, he/she can open it, download it for records, and pay through it. The supported payment methods are the followings:

  • UPI
  • Digital wallets
  • Net-banking
  • Cards

Use-cases of PayG Payment Invoice

Anyone who needs to send a document to the payers can use the PayG payment invoices. Some popular use-cases include:

  1. SMEs with online stores/apps
  2. Freelancers
  3. Professionals for offering services
  4. Enterprises

Benefits of PayG Payment Invoice

Are you thinking why do you even need the invoices – well, check if you can ignore the following benefits!

Eases record maintenance

With one click, a merchant on PayG can open all the invoices created and know the status of each one. Simple enough, right?

Assists in Requesting and reminding payment

An invoice is a right of a payer – so, it is good to provide it to them and it is even better to ask for payment through the invoice. Also, the merchant can remind of the payments through the invoices.

Enhances professionalism

An invoice makes a merchant more professional and enhances the reputation among the buyers. Hence, a merchant who provides invoices instantly becomes a trustworthy person to transact with.

Saves from Legal disputes

A merchant who does not offer invoices is open to legal disputes because a transaction without an invoice is an unofficial transaction. During audits, these will be very troublesome and invoices can readily save the merchants from this.

Up for Download

Invoices at PayG are downloadable – so, you can download and print it anytime if you need a hard copy.

Flexible

Merchants can create as many invoices as they want and put as many items on one invoice. It also gives flexibility in terms of payment options. On one page, it gives the opportunity to create and send invoices and track the payments.

Also, check some more PayG Products:

End Words

PayG empowers its merchants to maintain their image crystal clear among their buyers with flawless invoices. On the flip side, buyers will also understand what they have actually paid for and how much discounts they have received from the invoice. So, they can rely on the merchants more and continue to transact without second thoughts.