API E-Mandate is a very simple and convenient way of setting up payment mandates electronically to make recurring payments. Customer can use Net Banking/Debit card details to authenticate the E-Mandate.
API E-Mandate enables customers to authenticate the mandate using Net Banking/Debit card. Customer can choose E-Mandate authentication using Net Banking/Debit card. paycorp.io will direct the customer to debtor bank portal where customer can enter use
the Net Banking/Debit card details to authorize the mandate.
When a customer performs a financial transaction and decides to pay for the transaction through recurring payments, he / she is directed to paycorp.io where the E-Mandate details are pre-filled and ready for customer verification and confirmation. The
customer can choose to authorise the E-Mandate via his Net Banking / Debit Card details. The E-Mandate details will be sent to debtor bank through NPCI Online Mandate Gateway Service (OnMAGS). Customer authorizes these
details using their Net Banking / Debit card credentials. The E-Mandate is successfully set up and the Unique mandate reference number is issued to the mandate and it is shared with the customer and the corporate.