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Advantages

Higher uptime and success rate

Multi-level reconciliation

Commprehensive transaction handling

Handles all bank relationships.



Loan Disbursal Management Optimization


User/Borrower Onboarding – KYC

  •   Bank account verification
  •   UPI ID verification
  •   Bulk verification via API

Loan Disbursal

  •   Direct disbursals from loan management system
  •   Direct disbursals from bank account

Payment Collection & Reconciliation

  •   In-app, website or link-based payments
  •   QR code or agent-based payments
  •   Auto-debit via E-mandate
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COLLECTON FEATURES

QR codes fastest web checkout and offline collections

Fastest in-app and mobile checkout via UPI

Collections via WhatsApp, Paytm, Google Pay reconciled instantly

Instant refunds & settlements

Verification

When onboarding users or disbursing loans, verify bank accounts and UPI IDs.

  •   Check the authenticity of the beneficiary's bank account number and the account holder's name.
  •   Verify your UPI VPA or ID.
  •   API integration is simple: Multiple beneficiaries can be verified with a single API call.

Disbursals

Make loans available to individuals and companies immediately. Agent incentive payouts should be automated.

  •   Instant: Add beneficiaries instantaneously and pay money in real-time to any bank account, UPI ID, Paytm wallet, or Amazon Pay.
  •   Simple to integrate: Simple integration through REST APIs (which are quicker and more responsive than the bank's SOAP APIs) or file upload.
  •   Risk Management & Dashboard: Receive real-time payment status updates.

Collections

Recurring Payments

Using NACH E-mandate, you may collect regular payments via debit cards and Net Banking.
Authentication and future payments are accomplished in three simple steps.

  •   Make a loan type.
  •   Add a user and send the link to them through email/SMS/WhatsApp/in-app.
  •   User clicks on the link, then picks E Mandate, enters net banking/card information, and approves future payments with a one-time cent purchase.

In-app, Website or Other Active Payments

Allow consumers to make payments through your app or website by logging in. Integrate with the Agent app to collect payments using the agent device.

  •   A wide selection of checkout integrations with APIs and SDKs are available.
  •   The shortest settlement cycle
  •   Direct achieves a higher success rate. MIGS, CyberSource, FSS, and dynamic routing integrations
  •   Card vault that is PCI L1 compliant and has a better conversion rate with stored cards

Collections & Reconciliation with Virtual Accounts

Accept virtual accounts for direct payments via WhatsApp, Google Pay, and Paytm.

  •   Create virtual UPI IDs and bank accounts using APIs.
  •   Same-day settlement and instant reconciliation
  •   Full visibility of remitter information
  •   Custom branded UPI handles are supported.

Reminder Payments

  •   Remind consumers about loan payments and collect payments more quickly.
  •   Payment gateway based on links
  •   Incorporate payment links into reminder SMSs, emails, or WhatsApp messages, and collect payments through the same channel as the reminders.