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ENach Brochure - Veri5Digital (Khosla Labs)

Collecting recurring payments from customers has always been time consuming and operationally intensive. In today's digital age, businesses need a solution that saves time and costs for themselves and provides

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veri5digita
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123 views1 page

ENach Brochure - Veri5Digital (Khosla Labs)

Collecting recurring payments from customers has always been time consuming and operationally intensive. In today's digital age, businesses need a solution that saves time and costs for themselves and provides

Uploaded by

veri5digita
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Automate collections using eNACH

Collecting recurring payments from customers has always been time consuming and
operationally intensive. In today's digital age, businesses need a solution that saves time and
costs for themselves and provides presence-less, paper-less experience for their customers.
API based eNACH allows customers to digitally authorise mandates using their net banking
and debit card details. Upload payment requests on registered mandates and get money
directly in your account.

Automate your collections

1 2 3

Register Mandate Upload Payment Get Money in your


from your Customer File to Sponsor Bank Account

Allow your customers Create a payment file with Money is credited your
to authorise mandates the mandate details and account at the end of the
digitally. payment due date. day.

Mandate authorisation in 4 easy steps

Verify Mandate Select Bank and Enter Banking Mandates authorized


Details Authorization Mode Credentials successfully

Your customers verify Customers select bank Authorise mandate Registration of the
the mandate details and authorisation using net banking and mandates will happen
and provide consent. mode debit card details in T+2 days.

Debit your customers account in 2 steps

Upload File to Get Money in your


Sponsor Bank Account
Upload payment file to Money will be credited without
sponsor bank using our any intervention from the
portals customers

Product Highlights Use Cases


Banking and lending (EMI)
Completely paperless collections
Lower rejection rates Insurance Premium Payments
Faster registration time Investments using SIP
Faster integration and go live Utility Bill Payments
Secure technology platform Subscription Fee Payments
Easier reconciliation Education Fee Payments

How does it work?

Flexible Deployment Methods

Mobile Desktop

hello@[Link] 080-46809349

[Link] © 2019, Khosla Labs Private Limited

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