E-Collect Enabler

Montran’s E-Collect Enabler is a light-weight application that facilitates corporate customers of banks to receive payments in an STP manner using virtual accounts on an instant basis. A centralized repository, multiple channel interfacing, real-time enquiry, customer alerts and MIS make this module an all-encompassing solution for banks.


Key Features

  • Centralized repository for maintenance of customers’ Virtual Account Numbers (VANs)
  • Robust interfacing facility to accept data from multiple payment channels of the bank
  • Provision for customers to make payments by adding the Virtual Account Number as a beneficiary, through Internet Banking
  • API-based integration for VAN maintenance functions
  • Posting of final accounting to CBS on completion of transaction processing
  • Functionality for deferred credit post dealer validation
  • Email/ SMS integration for customer notifications and alerts
  • VAN enquiry facility to any external channel of the bank
  • Account reconciliation feature for VAN transactions
  • Real-time and scheduled MIS options
  • Solution Components

    Key Benefits

    Client Focus

    Commercial Banks