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INDUSTRY SOLUTIONS
Structured payment workflows and contractor automation. Built for developers and construction companies managing project-based payment operations through secure payment technology.
The Challenge
Tracking EMI, milestone, and ad-hoc payments from hundreds of buyers across multiple projects without automated mapping is chaotic.
Construction projects require payment collection tied to completion milestones, with RERA compliance adding regulatory complexity.
Processing payments to subcontractors, material suppliers, and labour requires multi-level approvals and TDS management.
Managing RERA-mandated escrow accounts, fund utilisation tracking, and regulatory reporting is operationally intensive.
The Paywize Advantage
Assign dedicated virtual accounts through licensed banking partners to each buyer or unit for automatic payment identification, enabling separate tracking of EMI, milestone, and additional payments.
Automatically track payments against project milestones, generate completion certificates, and automate the next payment workflow based on predefined project milestones.
Automate subcontractor and vendor payout workflows with multi-level approval hierarchies, auto-TDS deduction, and scheduled payout instructions through licensed banking partners.
Track escrow account utilisation data from licensed banking partners, generate RERA-compliant reports, and maintain audit trails for regulatory submissions.
Results
40% better
Payment Workflow Efficiency
99%+
Payment Reconciliation Accuracy
80% less
Processing Time
100%
RERA Compliance
Get started with Paywize in minutes. Our APIs are designed for fast integration with dedicated support for your industry.