eNACH or Electronic National Automated Clearing House is a new payment collection service in India that allows bank account holders to automate payment collections from customers.
Developed by NPCI, the system allows registration through debit card or internet banking to automate recurring periodic or repetitive payment collections. With eNach mandate registration, the payments can be seamlessly processed without 2nd-factor authentication or customer intervention. The customers provide authorization with their preferred bank at the beginning of a billing cycle or subscription plan, and all the subsequent payments are made automatically thereon.
FidyPay is a an eNach Solutions company in India that has already integrated with several leading bank accounts to collect payments through eNACH.
Manage all your plans, customers, settlements, payments, and subscriptions in FidyPay’s simple API or dashboard.
Complete the eNach mandate registration through debit card or net banking to start receiving recurring payments without relying on your customers’ authorization for each payment.
At easy eNach mandate charges, directly debit from your customers’ bank accounts with high-grade data security.
With eNACH, you allow your customers to choose auto-debit from their account right from the comfort of their home.
FidyPay is an eNach Solutions company in India that powers eNACH collection of recurring payments for leading finance providers and banks in India. We are an eNach Services company that makes it fast, safe, and easy for businesses to directly debit their payments from their customers’ bank accounts.