What Is eMandate: Meaning and How Does It Work?
Razorpay
MARCH 21, 2024
In 2018, eMandate was introduced. A mandate is a standard instruction that you provide to your issuing bank and other institutions allowing them to automatically debit the mentioned amount from your bank account. API-based eNACH, more commonly known as eMandate, was introduced by NPCI around 2018. How do e-mandates work?
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