Streamline payment processing with automated mandate verification and approval, reducing administrative overhead and manual errors.
Offer customers a convenient way to authorize recurring payments electronically, enhancing user experience and reducing friction.
Ensure secure transactions with advanced encryption and authentication protocols, complying with regulatory standards to protect sensitive financial information.
Customers initiate e-NACH mandates electronically, specifying payment details, frequencies, and validity periods securely.
Mandates are electronically verified and approved by banks and the NPCI (National Payments Corporation of India) to ensure compliance and security.
Once authorized, payments are automatically debited from customers' bank accounts according to the agreed schedule, ensuring timely processing and improved cash flow management.