In today’s digital-first economy, recurring payment collections have become the backbone for many industries — from banking to NBFCs, from insurance to subscription businesses. Yet, despite growing volumes, many organizations still struggle with the operational complexities behind Direct Debit collections. The Collection Challenge That Many Face While setting up mandates and auto-debits may sound simple in theory, the reality is…
Recurring payments are a backbone for many businesses today—from loan EMIs to insurance premiums to subscription services. But here’s something most payment workflows still struggle with: getting customers to complete their NACH mandate registration successfully. A surprising number of mandates fail mid-way. Why? Because not every bank follows the same rulebook. What seems like a simple authentication step to us…
In today’s digital-first world, automating recurring payments is crucial for businesses to optimize their operations and provide a seamless customer experience. The National Automated Clearing House (NACH) mandate system, governed by the National Payments Corporation of India (NPCI), has emerged as a key tool for automating payments like EMIs, subscriptions, and utility bills. However, ensuring successful NACH mandate authentication involves…
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…
