Did you know? On average, people spend around 243 hours in traffic signals, which is relatively higher than the time you spend on your sleep. Sounds ironic, isn’t it? What if it happens to your customer’s mandate creation also? Don’t become another sleep deprived, stuck in traffic statistic.
Firstly, we understand that sending the mandate physically will involve a lot of time and effort. There might be a chance that your investors would discontinue the mandate process due to the frustration caused by untimely delays
To put an end to this issue, we have developed the finest solution to save your investor’s time and energy.
Our sophisticatedly developed mNACH is designed to improve the NACH registration process without compromising the user experience.
mNACH is a method of mandate registration similar to that of NACH and E-NACH. Now you can scan your mandates using our mNACH app and altogether avoid sending them physically.
Step 1:
Investor wants to avail NACH services
Step 2:
A mandate form will be issued by the concerned Merchant
Step 3:
The merchant sends the Mandate Form to the Customer
Step 4:
The mandate form should be filled by the Investor as per their requirement
Step 5:
Concerned Merchant Partner will then use mNACH App to scan and upload the Mandate form and Cancelled cheque
Step 6:
Request received at NPCI will be validated as per NPCI Norms and also with Customer’s Bank and respond to CAMSPay
Our mNACH App is built with sophisticated configuration and robust API. This is surely the need of the hour as it simplifies the mandate registration process, and solves the age-old problem of the physical registration process delays. Next is the user experience, with CAMSPay’s mNACH app users will also experience an upturn in the efficiency and effectiveness of the whole mandate registration process.
That’s it, the whole process is completed in a flash!
1. Reduces Transportation: The user can upload the mandate at their comfort, so there is less need for transportation
2. Real-time Rejection Metrics: Our dashboard shows the reason why mandates get rejected, and also shows the option to re-upload if necessary
3.Intuitive Dashboard: Our dashboard contains all the necessary information to help the user
4.Ease of rejection handling: Our dashboard helps the user to handle rejections easily
5.Image capture can be done both online and offline: The user has the option to upload the mandate both online and offline.
We are much excited to hear out your requirements. Give your details and our team will reach out to you soon.
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