PayU, Marg ERP Integrate Payments for Pharma Distributors, MSMEs

PayU and Marg ERP have announced a strategic partnership to integrate digital payment collection and automated reconciliation into Marg Pay, Marg ERP’s integrated payments platform.

The companies are targeting pharma distributors, retailers and MSMEs where collections are often spread across invoices, bank transfers, QR payments and other channels, making reconciliation a time-consuming back-office process.

Under the partnership, PayU’s payments infrastructure will be embedded into Marg ERP’s financial workflows, connecting invoicing, payment collection and reconciliation within the ERP environment.

Dynamic QR Codes Linked To Individual Invoices

For retailers, the integration will allow businesses to generate a dynamic QR code against individual invoices.

When a customer makes a payment using the QR code, the transaction can be matched against the corresponding invoice and automatically reflected in Marg ERP, reducing the need for businesses to manually identify payments and update their accounts.

MargPay currently supports dynamic QR codes and payment links tied to...

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