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What's in store for you

Current Accounts tailored to your business needs

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More benefits than ever before

Account Benefits

  • No charges for Escrow Account opening and operation.

  • Support and guidance from a dedicated operations team for managing the account.

  • Integration capabilities for seamless transmission of information from your end to the Bank and vice-versa.

  • 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.

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Eligibility Criteria

Aggregators who are having RBI authorisation for their online or physical / offline business to collect payments and for further settlement to merchants for various products or services sold to these customers.

Frequently Asked Questions

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 of handling transactions related to PA business effectively

The benefits of a Payment Aggregator Escrow Current Account include dedicated support from HDFC Bank's Operations team, seamless settlement file flow through our online platform E-Net, maker and checker facility for secure transactions, no charges for account opening and operation, and integration capabilities for smooth transmission of information.

As per RBI regulation, Payment Aggregators who are authorised by RBI need to open Payment Aggregator Escrow account with a bank to  facilitate aggregation of payments made by customers to the merchants through one or more payment channels through the merchant’s interface (physical / virtual) for purchase of goods, services or investment products, and subsequently settles the collected funds to such merchants.