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Payment Failure – Why It Happens and How to Handle It?

Ganesh HegdeSep 08, 2023 eMandate No Comments

Payment Failure – Why It Happens and How to Handle It?

Introduction Digital payments have taken center stage in today’s increasingly digitized world and are now essential to all modern transactions. The rapid growth of digital payments has ushered in a new era of convenience, efficiency, and financial...

Optimize Recurring Payments With eNACH For Existing Payment Systems

Ganesh HegdeAug 08, 2023 eMandate No Comments

Optimize Recurring Payments With eNACH For Existing Payment Systems

Introduction The Electronic National Automated Clearing House, or eNACH, which aims at simplifying recurring payments by automating them, is a significant component of the payment ecosystem in India. With the impressive capacity to seamlessly process...

Streamline International Cross-Border Payments with eNACH APIs

Ganesh HegdeAug 04, 2023 eMandate No Comments

Streamline International Cross-Border Payments with eNACH APIs

Global Payment Landscape: An Introduction to Cross-Border Transactions Cross-border payments are financial transactions involving the transfer of funds or assets, goods, or services, between individuals, businesses, financial institutions, and payment...

eNACH Payment Authentication: Digital Transactions Made Secure

Adithi MJul 12, 2023 eMandate No Comments

eNACH Payment Authentication: Digital Transactions Made Secure

As businesses rely increasingly on digital payment systems and financial processes, the possibility of payment fraud looms large. Fraudsters continuously develop new ways to exploit vulnerabilities, take advantage of naive organizations and commit payment...

eNach Registration: How to Simplify the Sign-Up Process for Customers

Adithi MJun 21, 2023 eMandate No Comments

eNach Registration: How to Simplify the Sign-Up Process for Customers

A Brief Introduction to eNACH Registration & Electronic Mandates eNACH (Electronic National Automated Clearing House) is a system in India that enables individuals and organizations to automate recurring payments. It eliminates the need for paper-based...

Physical Nach for NBFCs: The Key to Unlocking Growth Opportunities

Adithi MJun 20, 2023 eMandate No Comments

Physical Nach for NBFCs: The Key to Unlocking Growth Opportunities

In a recent development, SignDesk is thrilled to announce that we have partnered with Jai Kisan, a digital lending platform for farmers in India, to enable digital loan repayments. Through this collaboration, Jai Kisan’s borrowers can now easily...

Recurring Payment in 2023 – Payment Collection Using Nach

Adithi MMar 24, 2023 eMandate No Comments

Recurring Payment in 2023 – Payment Collection Using Nach

Recurring payment is a method of performing transactions that occur on a regular basis, at a set interval, such as monthly or annually. The amount for these transactions can be pre-determined or variable, as per the type of service the business provides....

eMandate For SIP – How To Automate Recurring Investments

Ganesh HegdeMar 07, 2023 eMandate No Comments

eMandate For SIP – How To Automate Recurring Investments

Recurring Investments – What is emandate in SIP Recurring payments for investments, also known as a systematic investment plan (SIP), refer to a system where investors authorize their banks to make regular contributions to their investment accounts,...

eNACH Mandate Cancellation: Everything You Need to Know

Adithi MJan 12, 2023 eMandate No Comments

eNACH Mandate Cancellation: Everything You Need to Know

Mandates and eNACH Cancellation: An Overview The National Automatic Clearing House (NACH) is an interbank payment mechanism that is utilised for large, frequent, or high-volume transfers and also helps in eNACH cancellation. NACH operates by establishing...

Physical NACH Mandates – Everything You Need To Know

Adithi MDec 08, 2022 eMandate No Comments

Physical NACH Mandates – Everything You Need To Know

NACH – Definition & Variants (Physical Nach, API Nach, Aadhaar Nach) NACH, or National Automated Clearing House, is a mechanism that assists and acts as a payment gateway for Indian financial institutions, such as banks and NBFCs, as well...

4 Steps To Create Easy Recurring Payments – e Mandate Benefits

Adithi MOct 31, 2022 eMandate No Comments

4 Steps To Create Easy Recurring Payments – e Mandate Benefits

What are e mandates? e mandates are useful tools that help automate recurring payments using the NACH architecture created by NPCI. Typically, a corporate organization desirous of collecting automated periodic payments leverages NACH eMandates to register,...

Utility Codes For eNACH Mandates – Explained

Adithi MSep 27, 2022 eMandate No Comments

Utility Codes For eNACH Mandates – Explained

What is a NACH Utility Code? A utility code is a unique user identification number assigned by NPCI to a corporate user of eNACH. Utility codes are also known as corporate user IDs and are crucial to track the mandates associated with a corporate account....

How To Register NACH In Real-Time With API Mandates

Adithi MAug 24, 2022 API, eMandate No Comments

How To Register NACH In Real-Time With API Mandates

What is an API Mandate? An application-programming interface (API) is a set of standards and programming guidelines for accessing a web-based software programme or web utility, allowing two apps to connect with one another. Through the development of...

eNACH e-mandate for Recurring Payments – What Is It & How It Works

Adithi MAug 02, 2022 eMandate No Comments

eNACH e-mandate for Recurring Payments – What Is It & How It Works

What is an e-mandate? An e-mandate is an electronic version of a mandate, which is a standing instruction (SI) given to a bank or NBFC to periodically debit a fixed amount from the account of the customer authorizing the mandate. e-mandates are useful...

RBI Mandate on Recurring Payments: Card on File (CoF) Tokenization

Adithi MJul 28, 2022 eMandate No Comments

RBI Mandate on Recurring Payments: Card on File (CoF) Tokenization

The new RBI mandate on recurring payments aims to mitigate the risk of security breaches associated with Card on File (CoF) tokenization during online monetary transactions. The move is intended to enhance the data security & safety of people transacting...

Medical Insurance Payments with eMandate: Everything You Need to Know

Adithi MJul 05, 2022 eMandate No Comments

Medical Insurance Payments with eMandate: Everything You Need to Know

What are Insurance Policies? A legal contract between the insurer, generally the insurance company, and a business or an individual entity is commonly termed an insurance policy. In most cases, the insurance policy is an integrated contract, which means...

OTT Platform Subscription & eMandate: All About Automated Payments

Adithi MJun 30, 2022 eMandate No Comments

OTT Platform Subscription & eMandate: All About Automated Payments

Overview of the Media Landscape In 2022 The world has seen a significant change in the media & entertainment landscape over the recent years. People have been shifting from the typical television to more diverse & flexible entertainment options....

API Mandate vs eSign Mandate – Is Aadhaar Always Better?

Adithi MJun 22, 2022 eMandate No Comments

API Mandate vs eSign Mandate – Is Aadhaar Always Better?

Aadhaar eSign Mandate & API Mandate – A Comparison Established by the RBI and the National Payments Corporation of India, emandate is a digital payment solution to help businesses simplify their payments. This procedure is built on an underlying...

eMandate: Paving the Way for Easy Digital Payments Across Businesses

Adithi MMay 31, 2022 eMandate No Comments

eMandate: Paving the Way for Easy Digital Payments Across Businesses

Payment Automation for Businesses – Introduction Every day, businesses of various capacities have to carry out a significant number of monetary transactions. In addition to these payments, there are many credit and debit transactions like vendor...

eMandate For NGOs: How eNACH Automates Recurring Donations

Adithi MMay 16, 2022 eMandate No Comments

eMandate For NGOs: How eNACH Automates Recurring Donations

Digital Donations For NGOs – Overview The NGOs or the non-governmental organizations, that collect money for humanitarian and social these days require a lot of money mainly due to COVID-19 and other disasters that affect not only mankind but also...

eMandate and Its Importance for Mutual Funds

Adithi MApr 28, 2022 eMandate No Comments

eMandate and Its Importance for Mutual Funds

Mutual Funds – Growth & Need for Investment Automation A pertinent outcome of the ongoing digital revolution in India is the recent boom in Mutual Fund (MF) investments. Investment firms have onboarded over 3.2 million fresh investors in 2017,...

eMandate For Financial Institutions – Uses, Benefits & How it works

Adithi MApr 19, 2022 eMandate No Comments

eMandate For Financial Institutions – Uses, Benefits & How it works

Recurring Payments Made Hassle-Free: The Benefits of eMandate for Financial Institutions Technology-based solutions have transformed the finance industry by offering convenient procedures such as eNACH/eMandate. Using eNACH, institutions like banks can...

eNACH-based Fee Payments – How Edtech Can Automate Recurring Fee Transactions

Gaurav B RMar 11, 2022 eMandate No Comments

eNACH-based Fee Payments – How Edtech Can Automate Recurring Fee Transactions

Fee Payments In Online & Offline Education Remitting fees is a major source of concern and frustration for students and parents alike. Fee payments are usually completed manually and frequently involve printing several paper documents such as payment...

Automate documentation and verification with SignDesk’s API

AbhijithSep 02, 2021 API, eKYC, eMandate, eSign, Video KYC No Comments

Automate documentation and verification with SignDesk’s API

API, eKYC, eMandate, eSign, Video KYC

Why API integrations? Automating tasks can not only save your time significantly but also help you manage them efficiently. With API integrations, companies can integrate their programs and database with the industry applications and automate tasks effortlessly....

eMandate: How It Simplifies Your Recurring Payments?

AbhijithSep 15, 2020 eMandate No Comments

eMandate: How It Simplifies Your Recurring Payments?

eMandate For Easy Automation Convenience is clearly at the centre of everything we do these days. Not so long ago, you’d have to visit multiple centres to make repetitive payments for utility bills, house rent, insurance premiums, donations, EMIs etc....

Why your bank should be using eSign-based eMandate?

AbhijithJul 06, 2020 eMandate No Comments

Why your bank should be using eSign-based eMandate?

eSign Mandate In a recent notification, NPCI permitted eSign-based E-Mandates for NACH member banks thus overturning the decision made in 2018 to stop the service due to a ruling by the Supreme Court of India. NPCI states in its circular that the updated...

NPCI allows eSign based E-Mandate

AbhijithMay 28, 2020 eMandate, eSign No Comments

NPCI allows eSign based E-Mandate

eMandate, eSign

eSign based E-Mandate NPCI has now permitted Aadhaar-based authentication for E-Mandates. This is a welcome change after the government body had initially suspended eSign based E-Mandate in a circular released in 2018. E-sign based E-Mandate for all member...

Netbanking Based eNACH as a Substitute for Aadhaar-Based eMandate

AbhijithNov 30, 2018 eMandate No Comments

Netbanking Based eNACH as a Substitute for Aadhaar-Based eMandate

API Based eMandate The recent Supreme Court Judgement on the Aadhaar ceased the use of Aadhaar based KYC services for private companies. Similarly, dependent solutions like the Aadhaar-based eMandate or eNACH have also had to be suspended. However, the...

4 Ways eMandate Boosts Business In India

AbhijithNov 24, 2017 Blockchain, Documents, eKYC, eMandate, eSign No Comments

4 Ways eMandate Boosts Business In India

Blockchain, Documents, eKYC, eMandate, eSign

Note: NPCI has issued Circular No: NPCI/2018-19/NACH/CIRCULAR NO.35 suspending the eSign based eMandate services. However, we still offer API based eMandate services. Know more about the API based eMandate service. eMandate A mandate is a physical...

5 Advantages of eMandate In India

AbhijithOct 13, 2017 Documents, eKYC, eMandate No Comments

5 Advantages of eMandate In India

Documents, eKYC, eMandate

eMandate Note: The eSign based eMandate services have been suspended following the Circular No: NPCI/2018-19/NACH/CIRCULAR NO.35 issued by the NPCI. However, we still offer API based eMandate services. Know more about the API based eMandate service....

What is eMandate and How eNACH works?

AbhijithSep 19, 2017 eMandate No Comments

What is eMandate and How eNACH works?

eNACH Note: As per the latest circular NPCI/2020-21/NACH/Circular No. 001, dated 26 May 2020, the NPCI has relaunched eSign-based eMandates & has been made available for users w.e.f. 01 June 2020. Know more about The eSign based eMandate services....