Cashfree Auto Collect
Reconcile inward NEFT/RTGS payments automatically. Achieve efficiency by mapping the transfer with payer on the fly.
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How does it work?
Create Virtual Account
Create unique virtual bank account number for each of your customer using Cashfree AutoCollect APIs
Customer transfers
Customer makes payment into the virtual account number provided by you via NEFT/RTGS/IMPS
Receive notification
We notify about payment with transfer details over email and sms. Webhook is supported to receive server notification
Settlement
Payments received from the customers are settled into your bank account by end of the day
Other Awesome Features
Multiple Settlement Account
Every virtual account can be mapped to it's own settlement account. Helps you organize the money better.
Activation Control
Deactivate a virtual account any time you wish. Transfers initiated to a disabled virtual account will be rejected.
Customise Notifications
Ability to choose different set of email addresses and phone numbers for every new virtual account
Faster Settlements
Receive money in less than 3 hours* into your bank account. Way faster than net banking payment settlements.