India has undergone a tremendous change in its financial sector over the past few years, especially in areas of digital payment systems. These are various payments but a particularly notable one that stood out is the Unified Payments Interface (UPI) which has made the payments even easier and faster thus improving the overall user experience of the payment process. This…
In the world of recurring payments and collections, effectively managing unique case scenarios is key to ensuring a smooth payment experience. Whether dealing with interruptions during authorization or addressing issues such as blocked or closed accounts, handling these exceptions with care is essential. This blog explores how automated status updates and penny drop systems can navigate these unique scenarios and…
Managing payments can often feel like juggling multiple tasks at once. With different systems and processes to handle, it’s easy to become overwhelmed. But what if there was a simpler way to manage everything? That’s where One API comes in—an all-in-one solution designed to make payment management straightforward and efficient. Mandate Management with One API Handling different mandates—whether it’s…
In our busy lives, we want things to be simple, helping us save time and reduce stress. Managing money should be easy too. With the right tools, it can be. One such tool is UPI Autopay. It helps you handle payments automatically so you can focus on other things. Ever feel like you’re juggling too many payment dates? It can…
In today’s digital age, security is paramount, especially in the realm of financial payments. Ensuring the safety and security of data and payment processes requires a multi-faceted approach. Here’s a look at the cutting-edge technologies employed to ensure robust security at every level. 1. Advanced Authentication Mechanisms: 2FA, MFA, and CAPTCHA Ensuring that only authorized users have access to sensitive…
Have you ever wondered if your payment process could be smoother? Choosing the right system for handling payments can be a tough decision. With so many options out there, it’s easy to feel overwhelmed. The right eNACH service provider can streamline your processes, protect your business, and even help you scale up as you grow. So, what should you be…
Introduction In today’s fast-paced financial environment, managing collections for a large Non-Banking Financial Company (NBFC) involved in lending can be a complex and challenging task. With multiple financial products like Bullion loans, personal loans, vehicle loans, and property loans, each tied to different banking relationships and systems, the need for a streamlined collection process becomes paramount. Enter the Corporate Collection…
UPI Mandates for Recurring Payments have some surprising big benefits! Imagine you are running late for work. You quickly grab your coffee, dash out of the house, and hop into your car. As you drive, a thought strikes you – did you pay the electricity bill? Panic sets in until you remember, you set up a UPI mandates for all…
