VTP Realty in partnership with Easebuzz platform saw 60% improvement in property booking collections
Seamless integration of Easebuzz payment solutions with VTP Realty’s current systems improved payment success rates and reduced manual reconciliation efforts
[Pune, 11th Dec 2024]: Eassbuzz, a leading full-stack payment solutions platform, has enabled VTP Realty to streamline its payment operations, resulting in a 60 percent improvement in property booking collections, with over 90 percent payment success rates. VTP Realty’s partnership with Easebuzz comes at a time when Indian Real Estate has seen significant amount of Digitisation right from customer enquiries to property booking and payments.
Easebuzz provided access to a range of its comprehensive payment and SaaS solutions through seamless integration with VTP Realty’s Salesforce system. The EasyCollect feature ensured a hassle-free collection of payments for various transactions, including bookings, expression of interest (EOI), milestone payments, GST, stamp duty, and clubhouse charges. Its automated and streamlined payment processes reduced manual intervention, minimising human errors, and accelerated reconciliation with 70 percent reduction in operational efforts.
The Partial Pay feature further enabled customers to make partial payments, resulting in enhanced customer satisfaction and engagement. Apart from this, Easebuzz also provided customised reports for 23 projects of VTP Realty. These reports with detailed analytics and insights helped VTP to better track the project sales and end-to-end financial operations, resulting in accurate financial decision making. Easebuzz platform also offered the highest level of security for the payment transactions with PCI DSS level-1 compliance.
Rohit Prasad, MD & CEO of Easebuzz said “Our partnership with VTP Realty showcases the potential of digital solutions to streamline complex payment environments like the real estate sector. This segment needs unique payment solutions that facilitate flexible payment structures, customisable payment pages, transaction-wise settlements and multi-entity reporting with real-time reconciliation. We are glad that our Real Estate Software Solutions Stack along with embedded payment infrastructure helped VTP Realty enhance operational efficiency and deliver a smooth & secure property purchase experience for their customers.”
Sachin Bhandari, CEO of VTP Realty commented, “We were looking for a payment partner to help us with our payment processes and facilitate custom settlement reports for multiple projects. Easebuzz team with their comprehensive array of payment solutions like EasyCollect, Partial Pay etc, has significantly eased our payment processes. Our clients can now smoothly make all payments, whether it’s related to bookings, milestones, GST, stamp duty, or even clubhouse charges. We are delighted with the outcomes driven by Easebuzz Payment Solutions.”
By combining technology solutions and payments infrastructure, Easebuzz platform is enabling businesses like VTP Realty to simplify payments, streamline financial operations and build stronger customer relationships. With verticalised payment solutions as a core strategy, Easebuzz is driving digital transformation across various sectors of the economy and helping businesses overcome traditional payment obstacles.
