Bills Collection

Bill Collection: gathering payments for services, loans. Bill collection in banks refers to the procedure to handle and collect payments.Bill collection in banks refers to the procedure by which banks handle and collect payments on behalf of their customers for various bills and financial obligations. This service is frequently provided to make it easier for consumers to settle their invoices through their bank, saving time and effort. Here’s an overview of how bill collecting normally works in banks.

• Payment Channels
  Types of Bills
  Payment Methods
  Processing and Confirmation