Mandate Authorisation
Customer will be directed paycorp.io’s eSign Mandates Service Provider (ESP) to accept consent and enter the Aadhaar Number/VID. Customer will enter the OTP received on the registered mobile number provided to the UIDAI to complete the KYC verification.
Mandate Authenticaton
Mandate details will be digitally signed after successful KYC verification by ESP.
Submission
Signed eSign Mandate will be submitted to NPCI through Corporate’s sponsor bank
Routing
7. NPCI will send the eSign Mandate details to customer’s bank to verify and accept the eSign mandate
Reference Number
E-Mandate is set up successfully Unique Mandate Reference Number (UMRN) is assigned for future reference.