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Corporate payment solutions

Corporate payment solutions

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Corporate payment solutions

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  1. Powered by Powered by NACH Repeat Payment Setup & Collection Automation Service Automate collection of your repeated payments. Setup payment instructions and receive payment conveniently 1

  2. About Us Who we are Experts in building payments modernization systems for financial institutions, corporates and government. Our Mission To be the partner of choice and specialists for financial institutions, corporates and government in their payments automation journey. 2

  3. Solution Objective End to end payments solution for enterprise, on cloud to setup instructions, disburse, collect payments and reconcile in a simple and efficient manner using modern technology. 3

  4. Problems We Solve • • Enable to move to digital mandates for loan premium collection and get revenue realization on the scheduled date. Digital mandates setup enabled through portal, API service for external applications to consume, corporates to extend the service directly to their customers. Operation efficiency • • Lots of Manual Operations Paper mandates processing TAT is high (usually takes 7 days) Tedious to Identify and follow up on failed transaction • Missing Payment Bring operational efficiency and predictability deadlines • • Increased rejections of mandate registrations • Payment returns and ? TIME DELAYS CASH FLOW tracking Lack of a visibility into in • receivables Ensures to collect on time Integration Complexity • • Consumer experience shapes corporate Regulatory Compliance • Meeting the demand for • expectations Increased cost change • Rising regulatory costs 4

  5. Our Offering Comprehensive payment framework to manage repeat payments fully integrated with NPCI specifications and flexibility to operate with any sponsor bank.. Mandate setup and Collections Esign Mandates API Mandates Paper mandates API services Collection Reconciliation 5

  6. Mandate Setup Services Supports all variants of repeat payment setup API Integration with NPCI 1 NACH E-Mandates Register the E-Mandate using Net Banking/Debit Card Authentication Integration with Client ERPs NACH Paper Mandates 2 Split Mandates, Alternate Mandates Setup paper mandate with least human intervention Client / Customer Alerts Direct Debit Mandates 3 Setup mandate directly with customer’s bankers Mandate Cancellation UPI Mandates Stop / Revoke mandates 4 Setup E-Mandate through UPI APIs for Client Channels 6

  7. Payment Collections End to End payment lifecycle coverage Auto-collection for Fixed Mandates NACH Payment Presentment Client Collection file upload Direct Debit Request to Banks Payment default predictions and engagement Collection Re-attempt for non- payment cases Collection Warehousing Collection through Current / Nodal Accounts Payment Reconciliation Debit Collection service support 7

  8. : E-Mandate Registration Initiate an E-Mandate request for the recurring premium payment of Insurance Policy taken by your customer Mandate Authentication Options Net Banking Debit Card Aadhaar eSign * Web based solution * Mobile device compatible 8

  9. E-Mandate Setup Insurance / Mutual Funds Banks/NBFCs Data Capture User Universities, Colleges & Schools File Telecom Service Corporates ERP Utility Providers Redirect Web Portal/ Mobile App Clients (Banks, NBFCs, Corporates, Utility Companies etc.) 9 9

  10. E-Mandate : Customer Authentication Mandate Request authentication by Customer from anywhere Initiates authentication View Mandate 1 Redirects Redirects Customer (Using Mobile Application) 3 2 4 Net Banking Authentication 7 Or NPCI Debit Card Authentication Customer’s Bank 5 Client Device Authentication Status 6 Mandate Request Status Mandate Status Mandate Status 10 10

  11. How It Works Online Offline Collection Centres AA Data Request Payment Processing NACH Mandates Mandate Data Bank 1 Bank2 Insurance / Mutual Funds NACH Transactions Direct Debit Mandate NBFCs Direct Debits Payment Collection Bank 3 Bank N Paper Mandate Education Institutions Other Corporates Banks Corporate ERP Integrations Statement Details E-Mandate Clients UPI partner Bank UPI Mandate UPI Connect NACH Mandate & Transactions Information Reconciliations OnMAGS Destination Banks E-Mandate Authentication Collection Support AA Consent to share the date NPCI Customer Payment processing infrastructure 11

  12. Value Proposition Maximize STP between corporates & bank , Improved STP for payments file Future Ready New technology stack , open source SOA, multi platform , responsive UI Integration ease multiple formats , multiple system integrations & routing management, Plugin to existing corporate banking Operational Efficiency Removes manual handling , minimize support issue , removes processing lags Comprehensive MIS comprehensive search and customized report generation , Exception Management auto Return reverse files feeds Visibility & Predictability Payment & cashflow visibility & predictability Customer Convenience one place to handle receivables and payable payments 12

  13. Our Success Story 100 Million Payment transactions 11 years of product maturity Delivering streamlined payment solutions for banks & Corporates 2 Million Mandates processed 10 2600 days of payment processing ACH customers 2019 13

  14. Contact us T.S. Karthikeyan Co-founder and Chief services officer M: +91-98451 13289 Rajesh Thayial VP and Product specialist M: +91-95919 91998 14 14