e-Mandate
An e-Mandate is a digital solution that enables businesses to collect recurring payments directly from customers' bank accounts. It replaces paper-based mandates with a fast, secure, and fully automated process authorized via digital channels.
Benefits of e-Mandate
Seamless Setup
Digital authorization in minutes.
Assured Payments
Automatic debits on due dates.
Reduced Costs
Cut down on manual follow-ups and collection overheads.
Improved Cash Flow
Timely inflows to strengthen liquidity.
Enhanced Security
Compliant with regulatory standards
(ISO 20022)
Integration Ready
Works with Corporate Internet Banking, & API based Host-to-Host solutions.
Best fit for following industries
Utilities & Telecoms
Electricity, water, internet, and mobile bills.
Insurance & Financial Institutions
Premium payments, loan EMIs.
Education Sector
School, college, and university fee collection.
Government Entities
Taxes, fines, license renewals, permits.
SMEs & Subscription Businesses
Membership fees, subscriptions