If you are looking for a smart, dynamic, and fail-safe platform to automate your collections, look no further than BankCloud. Our recurring collection API is perfect for any business that needs to streamline their collections process. With BankCloud, you can easily collect payments on a recurring basis without having to worry about any missed payments or failed transactions.
BankCloud's recurring collection api's makes your operations seamless with zero-intervention. Provide all recurring collection options for mandatory registration and delight your customer. Also the intelligent presentation stack pulls the money automatically from your customer's account on preset frequency and logics. Supports Standing Instructions (SI) on Cards,Internet Banking, NACH and UPI.
With BankCloud, you can aggregate all mandate registration options and present to your user in the single registration window.
BankCloud aggregates various options given by paymentaggregators under one user interface for ease of registration.
BankCloud provides a one-stop solution for all your customer's financial needs. By aggregate banks from various payment aggregators, you can provide the best of both worlds by showing them available options so they don't have to search or choose between different banks when it comes time for registration!
BankCloud automatically issues pre-debit notification to your customers and also presents all transactions for collection of banks and payment aggregators. It also reconciles the collected amount for you with reconciliation integrations. BankCloud also has features to update, skip, cancel and manually present certain presentations.
Settlement reconciliation is automatically tracked by BankCloud system and you can manage all your receivables from recurring channels under a single console. BankCloud automatically tracks all successful transactions with actual bank settlements across all payment aggregators and channels.