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Instant Payments

Paycorp Instant Payments solution helps you deliver instant, irrevocable safe and secure payments with complete visibility and traceability.

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Instant Payments

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  1. Poweredby Poweredby NACHRepeatPaymentSetup&CollectionAutomationService Automatecollectionofyourrepeatedpayments.Setuppaymentinstructions andreceivepaymentconveniently www.paycorp.io 1

  2. AboutUs Whoweare Expertsinbuildingpaymentsmodernizationsystemsforfinancialinstitutions,corporatesandgovernment. OurMission Tobethepartnerofchoiceandspecialistsforfinancialinstitutions,corporatesandgovernmentintheirpaymentsautomationjourney. 2

  3. SolutionObjective Endtoendpaymentssolutionforenterprise,oncloudtosetupinstructions,disburse, collectpaymentsandreconcile inasimpleandefficientmanner usingmoderntechnology. 3

  4. ProblemsWeSolve •Enabletomovetodigitalmandatesforloanpremiumcollectionandgetrevenuerealizationonthescheduleddate. •Digitalmandatessetupenabledthroughportal,APIserviceforexternalapplicationstoconsume,corporatestoextendtheservicedirectlytotheircustomers. Operation •LotsofManualOperations •PapermandatesprocessingTATishigh(usuallytakes7days) •TedioustoIdentifyandfollowuponfailedtransaction efficiency •MissingPayment deadlines •Increasedrejectionsof mandateregistrations •Paymentreturnsand tracking Bring operational efficiency and predictability ? CASHFLOWTIMEDELAYS •Lackofavisibilityintoinreceivables •IntegrationComplexity •RegulatoryCompliance•Meetingthedemandfor change Ensuresto collecton •Consumerexperienceshapescorporateexpectations •Risingregulatorycosts time Increased cost 4

  5. OurOffering ComprehensivepaymentframeworktomanagerepeatpaymentsfullyintegratedwithNPCIspecificationsandflexibilitytooperatewithanysponsorbank.. MandatesetupandCollections Esign Mandates APIMandates Paper mandates APIservices Collection Reconciliation 5

  6. MandateSetupServices Supportsallvariantsofrepeatpaymentsetup APIIntegrationwithNPCI 1 NACHE-Mandates RegistertheE-MandateusingNetBanking/DebitCardAuthenticationNACHPaperMandates IntegrationwithClientERPs 2 SplitMandates,AlternateMandates Setuppapermandatewithleasthumanintervention Client/CustomerAlerts DirectDebitMandates 3 Setupmandatedirectlywithcustomer’sbankers MandateCancellation UPIMandates Stop/Revokemandates 4 SetupE-MandatethroughUPI APIsforClientChannels 6

  7. PaymentCollections EndtoEndpaymentlifecyclecoverage Auto-collectionforFixed Mandates NACHPaymentPresentment ClientCollectionfileupload DirectDebitRequesttoBanks Paymentdefaultpredictions andengagement CollectionRe-attemptfornon- paymentcases CollectionWarehousing CollectionthroughCurrent/ NodalAccounts PaymentReconciliation DebitCollectionservicesupport 7

  8. Paycorp.io:E-MandateRegistration InitiateanE-Mandaterequestfortherecurringpremiumpaymentof InsurancePolicytakenbyyourcustomer MandateAuthenticationOptions NetBanking DebitCard AadhaareSign *Webbasedsolution* Mobiledevicecompatible 8

  9. E-MandateSetup Insurance/Mutual Funds Banks/NBFCs DataCapture User Universities, File Telecom Colleges& Service Schools Corporates ERP Utility Providers paycorp.io Redirect WebPortal/ Clients MobileApp (Banks,NBFCs,Corporates, UtilityCompaniesetc.) 9 9

  10. E-Mandate:CustomerAuthentication MandateRequestauthenticationbyCustomerfromanywhere Initiatesauthentication ViewMandate 1 Redirects Customer’s Bank Redirects Customer 3 2 4 NetBanking Authentication 7 (UsingMobileApplication) Or NPCI DebitCard Authentication 5 Client Authentication 6 Device Mandate RequestStatus Status MandateStatusMandateStatus paycorp.io 10 10

  11. HowItWorks Online Offline CollectionCentres Paymentprocessinginfrastructure PaymentProcessing AADataRequest NACHMandates MandateData Bank1 Bank2 DirectDebitMandate Insurance/ NACHTransactions NBFCs MutualFunds DirectDebits PaperMandate PaymentCollection Bank3BankN Education Other Banks CorporateERP StatementDetails Institutions E-Mandate Corporates Integrations Clients UPIMandate UPIpartner UPIConnect Bank NACHMandate& Information NPCI Reconciliations Transactions CollectionSupport OnMAGS Destination Banks E-MandateAuthentication AAConsenttosharethedate Customer 11

  12. ValueProposition MaximizeSTP FutureReady betweencorporates&bank,ImprovedSTPforpaymentsfile Newtechnologystack,opensourceSOA,multiplatform,responsiveUI Integrationease OperationalEfficiency multipleformats,multiplesystemintegrations&routingmanagement,Plugintoexistingcorporatebanking Removesmanualhandling, minimizesupportissue, removesprocessinglags ComprehensiveMIS ExceptionManagementautoReturnreversefilesfeeds comprehensivesearchand customizedreport generation, Visibility&PredictabilityPayment&cashflowvisibility&predictability CustomerConvenience oneplacetohandlereceivablesandpayablepayments 12

  13. OurSuccessStory 100Million 11years Paymenttransactionsofproductmaturity Delivering 2Million 10 2600days streamlined Mandatesprocessed ofpaymentprocessing ACHcustomers payment solutionsfor banks& Corporates 2019 13

  14. Paycorp.io Contactus T.S.Karthikeyan Co-founderandChiefservicesofficerM:+91-9845113289 Karthik.Thenkarai@evolvussolutions.com www.paycorp.io RajeshThayial VPandProductspecialist M:+91-9591991998 rajesh.thayial@evolvussolutions.com www.paycorp.io 14 14

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