Key Highlights:
- PayU and Marg ERP partnered to power Marg Pay, an integrated payment solution designed to streamline digital collections and reconciliation for pharma distributors and MSME retailers.
- The solution enables retailers to generate Dynamic QR codes against invoices, while distributors can create invoice-linked payment links. Payments are automatically reconciled bill-by-bill and posted directly into Marg ERP, reducing manual errors and cash-handling risks.
- The partnership aims to support faster collections, same-day settlements and improved cash-flow visibility, while also extending digital payment and reconciliation capabilities to Marg’s eRetail application for B2B ordering.
Implications:
By embedding dynamic QR codes and invoice-linked payment links with automatic bill‑by‑bill reconciliation, the solution can materially cut cash handling, speed up collections, and improve cash‑flow visibility for a large, high‑volume B2B segment that still relies heavily on manual processes. Extending this into Marg’s eRetail B2B ordering app also creates a more closed-loop commerce stack, which can increase stickiness for Marg ERP and expand PayU’s footprint in pharma distribution and MSME digital payments.
Source: ExpressPharma
