Auto Collect

Effortless payments collection for enterprises

Accept digital payments directly from your customers with ease across 180+ payment modes. Track payments with ease and automate reconciliation.

    Create Account

    How does Cashfree Auto Collect work?

    https://cashfreelogo.cashfree.com/website/landings/virtual-payment-address/p2-1.svg

    Create unique virtual payment address for each of your business units with Dashboards and REST APIs.
    https://cashfreelogo.cashfree.com/website/landings/virtual-payment-address/p2-2.svg

    Branch/Franchisee/Customer makes a payment via any UPI app - Google Pay, PhonePe, Whatsapp, etc
    https://cashfreelogo.cashfree.com/website/landings/virtual-payment-address/p2-3.svg

    Headquarter gets notified of successful payments via SMS and emails through webhooks, and the same gets reflected on the central dashboard.
    Effortless multi-nodal digital payments for
    https://cashfreelogo.cashfree.com/website/landings/virtual-payment-address/home.svg
    Multi-branch or franchisee-based businesses

    Create unlimited virtual payment addresses/UPI QR codes and virtual bank accounts to keep a track of individual branch sales in real-time. Recommended for: Restaurants, travel agencies, jewellery showrooms, theatres, pharmacies, quick eat outlets, and similar business.

    https://cashfreelogo.cashfree.com/website/landings/virtual-payment-address/hat.svg
    Multi-department businesses with multiple customer touchpoints

    Create a unique virtual payment addresses/UPI QR codes or virtual bank accounts for your individual customers, share with them and get instant notifications when funds are added to the wallets. Recommended for: Hospitals, schools, universities, service centers - automobiles, and similar.

    https://cashfreelogo.cashfree.com/website/landings/virtual-payment-address/bag.svg
    Financial services businesses operating wallets for customers

    Create unique virtual payment addresses or virtual bank accounts for your individual customers, share with them and get instant notifications when funds are added to the wallets. Recommended for: Stock brokers, asset management companies and investment firms.

    Frequently Asked Questions
    Cashfree Autocollect helps not only collect incoming bank transfers and UPI payments but also track and automatically reconcile payments. Also Cashfree Autocollect uses Virtual account and Virtual UPI IDs to collect payments, while most banks do not provide this facility.
    Virtual Account is a pass through account linked to a real bank account. The account is used to improve inward payments reconciliations. When a business receives payments from multiple sources and over a period of time, it gets difficult to track-who paid and which reason. This is usually reconciled manually by matching reference numbers in the bank statements with screenshots provided by a payer. By creating multiple virtual accounts mapped to the same account, it becomes possible to reconcile different incoming transactions into a bank account. With Cashfree autocollect- cash management services, you can generate any number of virtual accounts or UPI IDs for each payer or invoice and share a/c details while receiving payments. For repeated customers you can use a dedicated virtual account or UPI ID.
    For most banks, Virtual account payments can be received only using NEFT or RTGS; IMPS payments fail. The payments are not instant and restricted by banking hours. Using Cashfree cash management services solution, funds can be remitted to the virtual account through all bank transfer modes including UPI, IMPS, NEFT, RTGS and even Cheques. Cashfree also helps you create Virtual UPI IDs to accept payments through any UPI app such as WhatsApp or Google Pay. Moreover, for banks, reconciliation of payments happens through files sent over email, which is a once a day reconciliation process. For Cashfree, payment confirmation can be received through an API which is a real-time system update for receipt of funds. Cashfree also supports fully numeric virtual accounts unlike many banks which work on all bank interfaces -- alpha-numeric bank accounts provided by banks do not work on many of the older bank interfaces, especially on mobile.
    No, however for automating outward payments you can use Cashfree Payouts. It is bulk disbursal solution that helps you send money to any UPI-BHIM ID, Paytm wallet, debit card or bank account. With inbuilt bank account verification feature, you can verify the bank account details and ensure that payments hit the right account. Checkout Payouts here.
    No there is no KYC required for creating the account. You can create any number of virtual accounts and virtual UPI IDs using Cashfree cash management services.
    No, it is not possible to hold money in the account. The payment so received eventually passes to the linked real bank account. The virtual account here is used only for payments reconciliation.

    Have more questions?

    Visit our support page
    Explore other products
    UPI QR

    UPI QR

    With unique printable QR code for each branch or franchisee, collect UPI payments via all UPI Apps and get transparency on all UPI payments collected.

    Learn More
    Easy Split

    Easy Split

    Verify and onboard vendors, collect payments from customers, deduct commissions, and split payments between vendors or your own bank accounts.

    Learn More
    Payment Links

    Payment Links

    No-code payment links to collect payments over WhatsApp, SMS, Facebook, Twitter and other channels.

    Learn More
    Subscriptions

    Subscriptions

    Accept recurring payments by auto-debiting customers’ accounts via standing instructions on card, e-mandate via net banking option or UPI AutoPay.

    Learn More

    Ready to get started?

    Collect customer payments, make payouts, manage international payments and so much more. Create your account or contact our experts to explore custom solutions.

    • Easy onboarding

    • Dedicated account manager

    • API access

    Create Account