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The "What's That Payment Reminder" utility helps businesses remind customers about pending or overdue payments. Users simply input the customer's name, the amount due, and any specific message or attachment, and the utility automates the reminder process. It is designed to send reminders at regular intervals until payment is received. Users can customize the payment messages as needed and include invoices or other attachments with the reminders. The utility is reported to work effectively for business owners seeking to streamline their payment reminders.