BUSINESS

Betamint introduces a payments solution for the building sector

In order to better handle financial transactions in the construction industry, labor management solutions provider Bettamint said on Wednesday that it has introduced a payments solution called “Bettapay.”

According to a release from Bettamint, Bettapay may coordinate payments with certain project characteristics like debit notes, employee attendance for salary payments, and even awards and incentives for doing time-sensitive tasks.

According to the firm, the payment solution will assist developers and contractors in greatly reducing the administrative load related to field payment recording, invoicing, and authentication.

According to the statement, Bettapay’s introduction is in line with a recent government mandate that requires firms to make sure all employee salary payments are handled online.

The platform offers a single data repository for improved project monitoring and transparency, which benefits financing institutions and regulatory agencies like RERA in addition to making compliance with this regulation easier.

Our platform’s integration with precise payment triggers guarantees that construction businesses only pay for what is owed.

Bettapay elevates field operations to a new standard of accuracy and responsibility.

Additionally, it increases a project’s appeal to financiers, according to Kezya D. Braganza, CEO of Bettamint.

Related Articles

Back to top button