Now pulling funds from your customers having banks accounts across the country is hassle free without the need to rely on your customers to remit funds. Use our mandate based collections for purpose of collections of bills, insurance premiums, mutual fund investments, or any other recurring payments.
Highlights and Features:
- A robust Mandate Management System, which will include a standardized mandate format and a defined workflow for mandate verification.
- A unique mandate registration reference no. will be available, allowing for better tracking.
- Same day presentation and settlement, including returns processing.
- Provision to capture destination bank's unique mandate registration in the transaction file resulting in lesser rejects.