Regular Escrow Account
PPI Escrow Current Account
Payment Aggregator Escrow Current Account
HDFC Bank’s Payment Aggregator Escrow account is a perfect solution which caters not only to the regulatory requirement but also meets your business requirement to handle transactions related to Payment Aggregation business.
As per RBI regulation, Online Payment Aggregators who are authorised by RBI need to open Payment Aggregator Escrow account with a bank for collection of payment received from various customers for settlement to on-boarded online merchants within RBI defined timelines.
Features and benefits of HDFC Bank Payment Aggregator Account
Features and benefits of HDFC Bank Payment Aggregator AccountYou will get support and guidance from a dedicated Ops team for managing the account.
Seamless flow of settlement file to make payment to your merchants through Online platform E-Net.
Maker and checker facility at your end before sharing the settlement file with the Bank.
No charges of Escrow account opening and operation.
Integration capabilities for seamless transmission of information from your end to Bank and vice-versa
Click on Apply Online for Payment Aggregator Escrow Account Or visit your nearest HDFC Bank branch