Decentro streamlines recurring payments with eNACH & UPI AutoPay

By Gloria Mathias

Decentro, India’s FinTech infrastructure platform, has launched eNACH & UPI AutoPay, designed to streamline and simplify the management of recurring payments for businesses.

Solving some of the toughest challenges businesses face regarding recurring payments, the company aims to help 100+ companies integrate these modules over the next three months. YES Bank is the first partner bank for this new module.

The total addressable market (TAM) for recurring payments in India is approximately $800 million. However, businesses face several challenges, leading to a significant time (and equivalent money) investment of at least 500+ man-hours to integrate and test these systems with their banking partners.

Decentro’s eNACH and UPI AutoPay are helping merchants as follows:

• Streamlined SOPs: Decentro’s workflows & SOPs simplify obtaining utility codes for lenders, reducing integration time to under 1 week and minimising the high rejections during onboarding by NPCI and the bank.
• 5X Faster Integration Cycles: The integration process is 5X faster with streamlined API documentation and the option to use these functionalities directly on the dashboard via a no-code workflow to reduce the go-live timeline.
• Covering Corner Cases: The module promises higher success rates by at least 5-10% through better handling of last-mile NPCI and bank error codes and proactively addressing common issues like insufficient funds in advance for the mandate presentations.

Rohit Taneja, Founder and CEO of Decentro, said, “The future of recurring payments in India hinges on simplicity and ease of access. With the launch of our eNACH and UPI Auto Pay solutions, we’re addressing long-standing challenges like cumbersome integrations, low success rates, and compliance hurdles.”

“By offering faster onboarding, 5-10% increased success rates, and streamlined utility code management, we’re enabling our customers to focus on growth rather than operational inefficiencies. As India’s subscription and repayment use cases continue to grow, Decentro is proud to be at the forefront, delivering a solution that is reliable, compliant, and built for scale,” added Taneja.