How to Use Make My Payment App to Collect Money from Friends

How to Use Make My Payment App to Collect Money from Friends – Full Guide

In today’s fast-paced world, managing personal transactions with friends, roommates, and colleagues can be a hassle. Whether you paid for dinner, movie tickets, or a trip, chasing people down for repayments is awkward and time-consuming. Thankfully, there’s a simple solution – the Make My Payment app.

This app is designed specifically to help you track, remind, and collect money from people you’ve lent money to. In this guide, we’ll walk you through everything you need to know about using the Make My Payment app effectively – step by step!

What is Make My Payment App?

Make My Payment is a mobile application designed to help individuals keep track of money they lend to others and easily collect those dues. It allows users to:

Send payment reminders to friends and family
Create and manage lending records
Receive payments via UPI or bank transfers
Track repayment history
Maintain a clean digital ledger

Whether you’re a college student, small business owner, or just someone who often lends money to friends, this app is incredibly useful.

Benefits of Using Make My Payment App

No awkward conversations: Send reminders automatically without sounding rude.
Easy tracking: Know exactly how much you’re owed and by whom.
UPI integration: Receive payments quickly and securely.
Trust-building: Transparent records help maintain good relationships.

How to Use Make My Payment App – Step by Step

Step 1: Download and Install the App

Go to the Google Play Store or Apple App Store and search for “Make My Payment.” Download and install the app on your smartphone.

Step 2: Create an Account

Open the app
Click on “Sign Up”
Enter your mobile number and verify it via OTP
Fill in your name and set a PIN for security

Step 3: Add a New Transaction

Once your account is set up:

Click on the “Add Transaction” button
Enter the name of the person you lent money to
Enter the amount
You can also add notes like “for dinner” or “movie tickets”
Choose the due date for repayment

Step 4: Send a Payment Request

After adding the transaction:

Tap on “Send Reminder”
The app will generate a payment request link
You can share this link via WhatsApp, SMS, or email

Your friend will receive a message with a link where they can pay you directly via UPI.

Step 5: Track the Payment

You can view the status of each transaction in the dashboard:

If payment is done, it shows “Paid”
If pending, it shows “Pending” along with the due date

Step 6: Set Auto Reminders

You can enable auto reminders to send follow-up messages automatically until the payment is done. This ensures that you don’t have to remember or follow up manually every time.

Step 7: Receive the Payment

Once your friend pays through the link:

You’ll get a notification
Amount will be credited directly to your bank account
Status will be updated in the app

Tips to Maximize the App’s Potential

Keep notes: Always write why you lent money. This helps avoid confusion later.
Use UPI: It’s faster and safer than cash or manual transfers.
Enable notifications: So you never miss a repayment alert.
Stay polite: Customize reminder messages to maintain good relationships.

Is It Safe to Use?

Yes, Make My Payment uses industry-standard security protocols including:

OTP verification
Encrypted payment gateways
Bank-level UPI protection

As long as you keep your PIN secure and don’t share your account info, it’s a reliable and safe app.

Use Cases – Who Can Benefit?

Friends splitting bills – Easily track who owes how much
Roommates – Manage shared expenses like groceries or rent
Small business owners – Keep track of customers and dues
Tuition teachers – Collect monthly payments with reminders

Frequently Asked Questions (FAQ)

1. Is the app free to use?

Yes, the basic features of Make My Payment are free. However, premium features may be available in a paid version.

2. Can I request money from someone who doesn’t have the app?

Yes, the payment link works even if the recipient doesn’t have the app. They just need UPI.

3. How do I delete a transaction?

Go to the transaction list, tap and hold the transaction, and select “Delete.”

4. Can I edit a transaction?

Yes, go to the transaction, tap on “Edit,” and update the amount or note.

5. What if someone refuses to pay?

The app only helps with tracking and reminding. It cannot enforce payments legally. Use it for trusted contacts only.

Conclusion

The Make My Payment app is a powerful tool to simplify personal money management. No more awkward reminders, forgotten loans, or disorganized records. With this app, you can stay on top of your money, maintain healthy relationships, and ensure your money comes back to you – all with just a few taps.

Whether you are a college student, roommate, small business owner, or freelancer – start using Make My Payment today and take control of your lending life!

Have you tried Make My Payment yet?

Let us know your experience in the comments below. And don’t forget to share this guide with your friends who are tired of chasing people for money!