ipaymy Debuts ‘Fetch’ for Streamlined Invoicing, Crypto Payments for SMEsby Fintech News Singapore January 16, 2024
ipaymy, a fintech company specialising in B2B payments, has unveiled its latest offering, Fetch, an invoicing platform aimed at enhancing the payment processes for SMEs in Singapore, Hong Kong SAR, Malaysia, and Australia.
Fetch is designed to streamline the accounts receivable process for SMEs by introducing a simplified and automated management system. This allows businesses to create, send, and track invoices to an unlimited number of clients which also includes automated payment reminders and late fee notifications.
In addition to improving receivables management, Fetch offers an array of payment options. SMEs can now facilitate payments via traditional methods like bank transfers and cash, as well as modern options such as cards and cryptocurrency, all without requiring any additional setup. This broad range of payment methods is particularly beneficial for SMEs that engage with a global clientele.
Another feature of Fetch is its incentive toolbox, designed to encourage timely payments. Through this toolbox, businesses can offer dynamic discounts for early payments or provide the option for customers to pay in instalments.
Furthermore, Fetch positions itself as a cost-effective solution for smaller businesses by offering industry-competitive rates and fast settlement times. Fetch enables SMEs to accept card and cryptocurrency payments more quickly and efficiently, with the potential for settlements as fast as the next business day.
“Fetch is a force multiplier that gets invoices paid using a level of technology that has not been available to small businesses before.
Designed to alleviate the challenges faced in collecting payments, it empowers SMEs to build better relationships with their customers while considerably improving cash flow,”
said Ethan Dobson, CEO of ipaymy.