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E-mandates are electronic authorisations that allow payers to set up recurring payments for various services or subscriptions. NPCI is a non-profit organisation that facilitates digital payments and settlements in India. This was an operationally expensive and manual process which took days to process. How do e-mandates work?
Electronic Mandate (eMandate) works as a standing instruction that allows banks to automatically debit the specified amount as recurring payments from your bank account. NPCI is a non-profit organisation that facilitates digital payments and settlements in India. How Does e-Mandate Work?
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