How it works?
The Traditional Way
If the payer accepts,
The destination bank sends confirmation back to the
sponsor bank and NPCI, which takes another 3-4 days.
The GetzPAID way
Now, imagine a world where this entire process
takes just 24 hours!
That's the magic of
GetzPAID
The GetzPAID way
Now, imagine a world where this entire process
takes just 24
hours! That's the magic of
GetzPAID
How it works?
The Traditional Way
If the payer accepts,
The destination bank sends confirmation back
to the
sponsor bank and NPCI, which takes another 3-4 days.
PAYEE
Requests NACH application activation with their sponsor bank.
SPONSOR BANK
Verifies and forwards the application to NPCI.
NPCI
Validates the mandate and forwards it to the destination bank.
DESTINATION BANK
Sends the mandate to th e payer for review. This process takes 7-15 days.
PAYER
Reviews and accepts/ rejects the mandate.
The GetzPAID way
Now, imagine a world where this entire process
takes just 24 hours!
That's the magic of
GetzPAID
PAYEE
Simply sign up on GetzPAID, add your customer (payer), and create a contract specifying the payment details. It's that easy!
Our secure platform, backed by NPCI, instantly notifies your customer about the contract through the GetzPAID interface.
PAYER
They conveniently review and approve the contract within the platform itself, no need for separate forms or visits.
Boom!
The e-mandate is created within 24 hours, ensuring
you get paid faster than ever before.
How can it Benefit you?
Faster payments
Receive payments on time, every time, with our efficient 24-hour e-mandate creation process. No more waiting weeks for traditional methods to clear.
Improved customer relationships
Foster positive relationships with your clients or customers by offering a convenient and hassle-free payment experience.
Enhanced professionalism
Project a professional image by offering a secure and convenient payment option to your clients or customers.
Improved cash flow
Predictable and timely payments ensure a healthy cash flow, allowing you to better manage your finances and plan for the future.
Reduced stress and anxiety
Eliminate the worry of late payments, allowing you to focus on your core business activities or job.
Reduced workload
Automate your entire payment collection process, saving your valuable time and effort spent on chasing payments.
1
2
3
4
5
6