In the recurring payment industry, a seamless payment payment process is a successful one. At the end, the customer is happy with the fact that the payment is scheduled to move at the selected frequency without manual intervention and supervision. When this isn’t ensured at a fast enough, or expected speed, customers tend to abandon the process and eNACH mandate…
In the digital era, understanding customer payment behavior is crucial for businesses seeking to make well-informed decisions. Whether it’s assessing creditworthiness, identifying payment patterns, or enhancing risk management, businesses require a holistic view of their customers. This is where Mandate 360 comes in. By providing a complete analysis of customers through their eNACH mandates, Mandate 360 enables businesses to gain…
Any organisation, like yours, that seeks big growth needs larger innovative thinking. Leading the way is the National Payments Corporation Of India. They have spearheaded the payments revolution, making it simpler and easier to organise payments with a list of innovations – the latest being Authentication with Customer ID & PAN and UPI Payments. Going a step forward are payment…
The Cost of Late Payments & Rising Risks Managing financial risks has always been a challenge for businesses. Late payments and missed dues not only impact cash flow but also create long-term financial instability. Traditional approaches to risk management often rely on reactive strategies, addressing defaults only after they occur. But what if businesses could anticipate financial risks before they…
Managing payments can often feel like juggling too many tasks at once. Last-minute collections, missed deadlines, and payment delays can create chaos for businesses, affecting cash flow and client relationships. That’s where Payment Warehousing comes in. What is Payment Warehousing? Payment warehousing allows businesses to schedule collections in advance, ensuring a structured and systematic approach to receiving payments. Instead of…
Fast growth is the only way to grow in a competitive industry where there is constant innovation. With a higher volume of success in the financial operations market comes the responsibility of accuracy and security for a high volume of error-free payments. In an age of technology and new innovation at every corner, this is not a difficult task at…
In today’s fast-paced digital world, efficiency and accuracy are crucial, especially in financial transactions. Traditional mandate registration processes often face challenges such as manual errors, delays, and rejections, leading to unnecessary bottlenecks. But what if there was a smarter, faster, and more reliable way to handle mandate registrations? A self-learning mechanism that transforms mandate registration with precision and adaptability. What…
The future of growth is digital. When it comes to recurring payments, this signals the needs for end-to-end automation. Of course, this comes with big benefits. It removes human intervention, improves accuracy, cuts costs, and paves the way for a better future. All organisations rely on payments as a central process that drives their progress. It is key to healthy,…
