How does it work?
Create Virtual Account
Create unique virtual bank account number for each of your customer using Cashfree AutoCollect APIs
Customer makes payment into the virtual account number provided by you via NEFT/RTGS/IMPS
We notify about payment with transfer details over email and sms. Webhook is supported to receive server notification
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.
Deactivate a virtual account any time you wish. Transfers initiated to a disabled virtual account will be rejected.
Ability to choose different set of email addresses and phone numbers for every new virtual account
Receive money in less than 3 hours* into your bank account. Way faster than net banking payment settlements.