TRUSTED BY
Lending Stack
By PhonePe PG
Minimize Days Past Due and maximize collection efficiency with automated recurring mandate infrastructure designed for lenders.
e-NACH & UPI AutoPay
Set up seamless digital mandates for automated EMI debits straight from borrower bank accounts.
Instant Loan Disbursals
Route approved loan principal into borrower accounts 24/7/365 within seconds via high-throughput settlement APIs.
Omnichannel Collection Links
Send SMS, and email payment links with embedded QRs for delinquent borrower recovery.
Flexible Part-Payment Handling
Support ad-hoc prepayments, late-fee additions, and dynamic foreclosure calculations programmatically.
De-Risk Collections to
With PhonePe PG
Protect your loan book with intelligent retry mechanisms, pre-debit notifications, and strict regulatory compliance.
Smart Bounce Retries
Schedule automated debit retries synced with borrower salary cycles to maximize recovery on first-time EMI failures.
RBI-Compliant Mandate Alerts
Automatically dispatch pre-debit SMS notifications to ensure 100% compliance through PhonePe Dashboard.
Real-Time Reconciliation
Reconcile thousands of loan repayments instantly with granular transaction-id tagging and real-time Webhooks.
Multi-Source Collection Channels
Give borrowers flexible options to clear dues via UPI, Debit Cards, Net Banking, or Bharat BillPay (BBPS).
Trusted by
India's Largest Online Brands
Trusted by India's
Largest Online Brands
"In E-commerce, the right Payment Gateway partnership is crucial. PhonePe PG streamlined our Payments, & reduced cart abandonment. PhonePe PG exceeded our expectations with a top-notch product & impeccable support.”
Suman Patra
Co-founder
"redBus is committed to redefining travel through technology. Collaborating with PhonePe PG allows us to leverage their robust Payment infrastructure, ensuring reliability and innovation for millions of our customers.”
Rithish Saralaya
SVP Engineering
"Our partnership with PhonePe Payment Gateway has been seamless and highly efficient. Their robust tech, smooth integration, & reliable support played a key role in enhancing our customer experience. We truly value this collaboration.”
Vikash Goyal
CSO
"As GIVA expands, a trusted Payment partner at every touchpoint is vital. PhonePe PG offers us reliability across our national stores and on our app. Their support scales with our growth, and that consistency makes all the difference for us.”
Ishendra Agarwal
Founder
"Our partnership with PhonePe PG has been a pivotal factor in our success story. With PhonePe PG's user-friendly interface and seamless Payment processing, we can continue delivering exceptional service to our valued customers.”
Ritu Shah & Minita Parekh
Co-founders
"Partnering with PhonePe Payment Gateway enabled us to expand our D2C business and transform period care across India. Its seamless integration and dependable partner support means our online customers' experience lives up to our brand's Zero Irritation promise.”
Ravi Ramachandran
Co-Founder & CEO
Comprehensive Solutions
Comprehensive
Solutions
To keep your Business Ahead of the Rest
Automate flexible subscriptions for steady cash flow.
Faster, error-free checkouts using tokenized cards boost revenue.
Accept International Payments, simplify growth.
Send Payment links (WhatsApp/SMS/Email), get paid instantly
Dynamic QR codes enable UPI, reducing errors and boosting success.
Digital doorstep Payments replace COD, cutting cash handling costs.
Lending Payment Gateway FAQs
How does the gateway handle mandate setup for monthly EMI collections?
The gateway unifies eNACH (Netbanking/Debit Card) and UPI AutoPay into a single onboarding flow. eNACH supports higher-value EMIs with a standard 24–48 hour activation window, while UPI AutoPay allows instant mandate creation for smaller ticket loans, eliminating drop-off during the loan agreement signing phase.
What happens when an automated EMI auto-debit fails due to low balances or bank downtime?
The system uses smart retry logic and multi-channel fallbacks. Instead of marking the payment as dead, it schedules automated representation attempts during high-liquidity windows (e.g., salary cycles), while simultaneously pushing dynamic payment links via SMS/WhatsApp that allow borrowers to settle manually using alternative payment methods.
How does the gateway comply with RBI Digital Lending Guidelines (DLG) on money flows?
The gateway enforces a pass-through architecture where funds move strictly between the Regulated Entity’s (NBFC/Bank) escrow account and the borrower's verified bank account. No intermediate third-party pooling accounts touch the loan principal or repayments, ensuring strict compliance with regulatory direct-settlement mandates.
How are manual, partial, or early repayments automatically reconciled?
By generating dedicated Virtual Account Numbers (VAN) and dynamic UPI VPAs mapped directly to each borrower’s Loan ID. When a customer sends a manual payment via IMPS, NEFT, or UPI, the gateway auto-reconciles the transaction in real time and triggers webhooks to update your Loan Management System (LMS) ledger instantly.
How does the gateway handle mandate setup for monthly EMI collections?
The gateway unifies eNACH (Netbanking/Debit Card) and UPI AutoPay into a single onboarding flow. eNACH supports higher-value EMIs with a standard 24–48 hour activation window, while UPI AutoPay allows instant mandate creation for smaller ticket loans, eliminating drop-off during the loan agreement signing phase.
