OTP Based Mandate Registration 1 API

For validation of account and OTP triggering, registering of mandate in Mandate Management Module.


Reduced TAT for collection of funds from customers

Increased operational efficiency

Authenticate payer details

Optimise cash flow position

OTP Based Mandate Registration

  1. Automated consent capture process eases out the manual intervention for mandate registration
  2. Reduce the reversals and time-consuming management of dishonors
  3. Minimize the TAT for mandate collection and processing time
  4. Transform the recurring collections schedule into automated one
  5. Validate the account before mandating it will optimize the accuracy of transaction work flow.

Axis Aha!