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UOB mCollect is an integrated digital collections solution that allows businesses to perform payments, collections and reconciliations through a digital third-party application (“app”) provided by Enterpryze. It is designed to help any businesses with a ‘cash-on-delivery’ business model by enabling: Digital invoice presentation, real-time digital collection, instant crediting of funds, instant notification of collection and consolidated view of collections for seamless reconciliation. UOB mCollect can be utilized for payments via PayNow as well as via cash or cheque, making businesses operations more efficient.
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