Direct Debit Mandate Registration 1 API

Online Mandate registration through Netbanking and Debit Card.


Reduced TAT for collection of funds from customers

Increased operational efficiency

Authenticate payer details

Optimise cash flow position

Direct Debit Mandate Registration

  1. Transform the payment flow seamlessly by avoiding manual uploads and reduce the propensity of reversals
  2. Create a scheduler in the ERP for collections to start/stop or retry using the API
  3. Create an automation for recurring collections
  4. Real time reconciliation by automating the transaction status capturing though API
  5. Reduce the TAT for collection initiation, process and reconciliation.
  6. Post transaction error correction will be easier by the status checks through API
  7. By reducing processing time and cost, corporate can reduce the overhead and can pass on the partial saving on the customers.

Axis Aha!