UPI Collect

UPI Collect is a customized suite offered by RBL Bank to businesses to adapt to their varying collection needs.

The product has four variants as given below:

• Collect APIs
• Collect via Portal
• QR based collection
• Push to a VPA

While merchant aggregators can use APIs to enable collection facility at all merchant location, a corporate can use the portal to enable collection at all their franchises, outlets or collection points.

The product is suited to aggregation as well as recurring collection requirements of different segments like MFIs, NBFCs, Agri etc.

How Does it Work?

• Select the choice of products from Collect APIs, Collect via Portal, QR based collection and push to a VPA.
• Depending on the product, on-board merchants, agents, franchises.
• Depending on on-boarded entity the collect request is initiated from respective interface.
• Real-time status feed to central server/portal at client’s end.