How FastFee's EMI Reminders Work
Add Customer EMI Plan
Enter customer details, total loan amount, down payment, and monthly installment dates.
Auto-Scheduled Alerts
FastFee schedules WhatsApp reminders for 3 days before the due date, on the due date, and if overdue.
WhatsApp Delivery
Customer receives a personalized WhatsApp message with their name, exact EMI amount, and a UPI link to pay.
Instant Recovery
Customer taps the link, pays via GPay/PhonePe, and the payment is auto-reconciled in your ledger.
Why SMS Reminders Fail & WhatsApp Wins
If you run a business selling goods on EMI (mobile phones, appliances, furniture), you know that timely collection is everything. Many shopkeepers try using generic SMS reminder tools, but find that customers simply ignore text messages.
WhatsApp is where attention is. FastFee leverages the WhatsApp Business API to send rich, actionable EMI reminders. When a customer receives a WhatsApp message specifying their exact due amount along with a clickable UPI payment link, the friction to pay is eliminated. They don't need to visit your shop; they can pay instantly from their phone.
Features Beyond Simple Reminders
- Daily Defaulter Dashboard: See exactly who has missed their EMI and by how many days.
- Late Fine Calculator: Automatically add penalties for overdue installments.
- Digital Receipts: Instantly send PDF payment confirmations on WhatsApp.
Ready to automate your EMI collections? Register your business on FastFee or explore our EMI Collection App page.