What is e-NACH?

e-NACH (Electronic National Automated Clearing House) is an electronic payment service that enables businesses to automate the collection of recurring payments. It eliminates the need for physical mandates and paperwork traditionally associated with NACH, offering a secure and efficient alternative.
What is e-NACH?

Key Benefits of e-NACH

Efficiency

Streamline payment processing with automated mandate verification and approval, reducing administrative overhead and manual errors.

Convenience

Offer customers a convenient way to authorize recurring payments electronically, enhancing user experience and reducing friction.

Security

Ensure secure transactions with advanced encryption and authentication protocols, complying with regulatory standards to protect sensitive financial information.

How It Works

Mandate Setup

Customers initiate e-NACH mandates electronically, specifying payment details, frequencies, and validity periods securely.

Verification and Approval

Mandates are electronically verified and approved by banks and the NPCI (National Payments Corporation of India) to ensure compliance and security.

Automated Payments

Once authorized, payments are automatically debited from customers' bank accounts according to the agreed schedule, ensuring timely processing and improved cash flow management.