Subscription Paisa is a unique mandate processing and payment collection platform that offers recurring subscription payments through e-NACH/e-mandates for more than 50 banks to merchants.
National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for Banks, Financial Institutions, Corporates and Government a web based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature. NACH System can be used for making bulk transactions towards distribution of subsidies, dividends, interest, salary, pension etc. and also for bulk transactions towards collection of payments pertaining to telephone, electricity, water, loans, investments in mutual funds, insurance premium, Loan etc.
SabPaisa has developed Subscription Paisa an unique mandate processing and payment collection platform based on this NPCI platform.
Offers subscription payments through e-NACH / e-mandates for 50+ banks to clients / customers / partners / agents
Unique validation algorithm for validation of mandates and debit advice. This will help quickly identify some of the common errors in the data. Hence will further help to increase the success rate and bring down the TAT
Stress-free easy automated EMI option for smooth recurring payments
Single platform for processing all modes of payment mandates, viz. NACH, Net Banking, debit card, credit card, UPI.
System driven transaction processing reduces TAT from 4 days to 2 minutes.
Single dashboard/platform for all reports of all types of mandates and of all types of transaction modes.
Let's Us Know How we can help you