Browsing: auto debit

The share of failed auto-debit requests on the National Automated Clearing House (NACH) platform eased to a 38-month low of…

These levels mark the lowest failure rates on auto-debit requests since the beginning of the pandemic in March 2020. The…

In terms of value, the bounce rate on auto-debit requests stood at 25.16%, slightly worse than 24.83% in October. The…

Credit and Finance for MSMEs: While the need to give consent and go through a two-factor authentication process for every…

The bounce price on auto-debit transactions eased to 33% by volume in July from 36.5% in the earlier month. The…

The failure prices of auto-debit transactions on the National Automated Clearing House (NACH) platform, several of which are EMI requests,…

After substantially hand-wringing by banks and payment businesses more than the March 31 deadline for activating the further aspect of…