PayU India, who has more than 3.5 lakh businesses for collecting their online payments has announced the launch of a new payment collection feature via Microsoft Excel for its merchants. With this plugin, all the merchants of PayUmoney can now send payment collection requests to their customers directly using SMS, Email or both from their existing Microsoft Excel and also check the payment status without ever having to log in to any website or the PayUmoney dashboard. The Excel plugin can be downloaded from the PayUmoney website and installed with a single click. It does not require any technical integration or development effort. 
The plugin also allows merchants to use existing tools like the Microsoft Excel Spreadsheet to help manage order processing and payments rather than develop new applications to manage user payments. Along with integrating the payment collection option with Microsoft Excel application, the new feature enables the merchants to manage and track payments, and check an invoice status real-time – ‘Paid’, ‘Unpaid’ or ‘Expired’ right on the Excel spreadsheet. This feature will make online payment tracking and collection extremely easy for small and medium businesses in India.
On this innovation, Pradeep Shekhawat, Head, SMB Business, PayU India, said,“We are committed to constantly innovate and keep introducing new capabilities to make the payment process seamless for our merchants and customers. Based on market research, we understand that a large number of businesses use Microsoft Excel to maintain their customer’s accounts and thus we are proud to be the first ever payment company to launch such a feature that integrates payment collection capability with Microsoft Office application – Excel. Our product teams strive every day to simplify our merchant’s lives in providing a frictionless payment experience and this new feature is a great example which fits directly into their daily workflow.”
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