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Express Pay
Fast and secure
express pay
for all your
business needs
Get auto-reminders and approvals for regularly occurring business expenses like rent, utilities, vendors, and more
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The EnKash way is
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Processing
Time
Type of
Payment
Flexibility
Vendor
Relationships
Payment
Tracking
Payables
Management
Streamline
bulk processing
challenges
with EnKash solutions
Repeat Payments
Ensure that repeat payments that occur monthly, quarterly, or weekly happen as a matter of course. This way, your business can enjoy continued services and facilities with minimal manual dependencies
Processing Time
Processing payments individually can be time-consuming and can cause delays. By using express pay, you can reduce payment processing time and improve cash flow
Centralized System
By centralizing payment processing through a express pay system, you can have better visibility and control over processes to prevent errors
Automate Reminders
Enable an automated reminder engine to keep track of all your outstanding business payments
Checks and Approvals
Finance is all about timely payments with the right checks and approvals to ensure negligible misuse of funds. The process of express pay for your recurring payments ensures speed and efficiency
Simplify your business payouts with our
bulk processing solution
How does it work?
1/5
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Learn how express pay can revolutionize the way you work!
Read Blogs
Explore a Wide Range of Possibilities with Bulk Payment
Aug 15, 2023
As the name suggests, a bulk payment refers to a payment method that lets the payer make multiple debit payments to a bulk list. A bulk list is a list of beneficiaries or accounts you intend to pay from a single debit account...
Read More
How to Use Bulk Payment Effectively for Better Results?
Aug 29, 2023
Today, ensuring your business is up and running consistently is considered a necessity. With the increasing competition, any break in your supply of goods or services to your customers can result in lost orders and revenue...
Read More
What is Vendor Payment and How Does It Work?
Sep 20, 2023
ccounts payable is a vital part of a firm’s operation and is responsible for processing the payment to the vendors. In addition, it is responsible for making virtual payments that are not associated with payroll..
Read More
Got Questions?
Don't worry! Our FAQs section will help you learn about express pay in detail
What is express pay?
Payments from a single account to multiple beneficiaries simultaneously define express pay. EnKash automates this process for businesses, allowing efficient, accurate payments to multiple vendors with a single click.
Why does a business need express pay?
A few reasons why businesses should adopt express pay:
It’s error-free, helps save time and resources involved in making multiple payments manually
Express pay follow security layers for data encryption
There are fewer chances of payment failure and it supports different payment methods
Bulk payments in advance help to avoid penalties and get trade discounts
How can express pay improve business cash flow?
Express pay can help businesses schedule monthly payments in advance and get trade discounts from their vendors and suppliers. This early payment can ensure businesses save expenses and have an easy monthly cash flow.
How can express pay help the finance team at work?
Express pay helps the finance team reduce errors in individual payments, such as double payments or incorrect details. It also streamlines the payment process, minimizing the need for manual data entry.
How is a bulk list different from a bulk payment?
A bulk list is a prerequisite list for bulk payment. It is a list of beneficiaries of the credit accounts that can be picked to pay from a single account. Bulk payment is the process of making payments to multiple beneficiaries with a single account simultaneously using the bulk list.
How to set recurring bulk payments?
Businesses can set recurring bulk payments via the E-Nach mandate. These payments can be set with a credit or debit card. For now, EnKash provides easy recurring payments for utility bills with a virtual account.
What does the future hold for bulk payments?
Bulk payments are increasingly popular due to technological advancements, providing convenience, accuracy, and dependability. The consistency introduced by bulk payments is expected to persist, with businesses readily accepting this innovative approach.
What are the challenges faced by bulk payment systems?
There are certain challenges faced by bulk payment systems, which are:
Many systems are restricted to only one type of payment, like vendor payment
Not all bulk payment systems provide a customizable approval flow
Many bulk payment systems offer only limited payment instruments
EnKash addresses these challenges, offering a holistic platform which supports various types of business payments, including rental and utility payments. It also offers customizable workflows and flexible payment options.
What is a bulk faster payment?
Bulk faster payment is making multiple payments from the same debit account simultaneously. As the name suggests, these payments are fast, as multiple accounts are credited simultaneously.
What is a bulk transfer?
Bulk transfer is a process of making huge payments to more than one beneficiary in a single click. EnKash can make safe, fast, and easy bulk transfers to all your vendors.
How does bulk transfer work?
Here's how bulk transfer operates:
Specify the type of bulk payment needed, such as vendor payments, rental, etc
Download the sample format, enter details, and upload it
Submit for approval in a maker-checker workflow
Select multiple invoices and initiate bulk payments using various payment methods
xSeeking further understanding of express pay?
A system that enables organizations or individuals to make payments to multiple beneficiaries at the same time is called bulk payment.
