Business to Business

What’s in store for you

Business to Business

Benefits of B2B Payment Gateway Services

  • Reduced Time
  • Minimise delays due to cheque processing and paperwork and instantly receive funds for goods purchased. 
  • Seamless transfer to your linked HDFC Bank Account.
  • Single-point access to funds position and accounts statement and an automated reconciliation process.
  • Enhanced Efficiency
  • Improve productivity and reduce the need for mid and back-office operations thanks to online funds confirmation and straight-through processing.
  • Secure Infrastructure 
  • Enjoy the benefits of our state-of-the-art technology with the highest levels of security (128-bit encryption and SET certification for digital signature) and complete backend support.
  • Our customers get round-the-clock maintenance with efficient backup and dedicated help desks to troubleshoot and resolve queries.
  • Clients and banks cannot access the portal database, so your information is confidential and secure.
  • Advantages to the client
  • A User-friendly Interface
  • An Efficient Funds Transfer Mechanism
  • Facilitates Purchase of Goods online, round the clock
  • Instant access to Funds Position and Account Statement
  • HDFC + a/c facility --- added facilities given by the bank to the customer
  • Advantages to the portal
  • Instant and Assured Funds
  • Online Funds Confirmation
  • Real Time Risk Management
  • Straight Through Processing
  • Automated Reconciliation Process
  • Reduction in Mid/Back-Office Operations

Key Features of B2B Payment Gateway Services

Payment Gateway: EPI

  • External Interface (Through Browser) with External Entity (B2B Portal).
  • Online, Real-time settlement of funds
  • Portal credited Instantaneously
  • Customer's a/c reflects Desirable Narration
Card Reward and Redemption

Portal & Payment Gateway: Handshake

We study the Portal's:

  • Business Module
  • Database Management
  • Technology Platform
  • Firewall and Security Systems
  • Our IT / Product Development Group discuss the issues with portal team
  • Together We chalk out a roadmap
  • We do the testing of Dr / Cr. and reconciliation
  • After successful tests we Provide "Pay Button"
  • Finalise service / maintenance issues
Redemption Limit

Portal Requirements

  • Signs off an agreement with HDFC Bank
  • Is allocated a Specific Identity Code
  • Opens a Specific Account for credit of funds
  • Builds Logic for exchange of URLs between the HDFC Bank and Itself 

 

Card Management & Control

Client Requirements

  • Opens (If not already has) a/c with HDFC Bank
  • Signs on with HDFC Bank as EPI User
  • Maintains clear funds for all portal payments
  • Can't reverse the "once authorised" transaction
  • Can't part pay for the goods / services ordered (allowed if it is pre-defined)
  • Can cancel the transaction before authorising
  • Taxes on Wealth
  • Gift Tax (since abolished)
Redemption Limit

System Features

  • Client has no access to Portal Database
  • Client has no access to Portal Data maintained with the bank
  • Bank has no access to the Portal Database
  • User log-in screen can be customised to display Portal name and features
Redemption Limit

Other Features

  • Earmarking of funds
  • Value Dating
  • Escrow Accounts
  • Integration of SCM module
Redemption Limit

Additional Utility

  • Third Party Funds Transfer Through Net
  • Opportunity to use Bank's Supply Chain Management (SCM) product for a synergy with suppliers / sellers
  • Account Access Through Net for complete MIS
  • Synergy between goodwill of your prominent B2B portal and the Bank
Redemption Limit

Validations

The Payment Gateway Module will perform the following validations:

  • Reject if invalid Internet customer id/password.
  • Reject if insufficient funds in account selected by the customer to make the corresponding purchase.
Redemption Limit

More About B2B Payment Gateway Services

Seamlessly enable B2B payments on your portal with HDFC Bank’s secure and scalable EPI Payment Gateway. Boost your revenue by facilitating 24/7 online sales of goods and services with ease.

Join leading B2B platforms like VSNL, Sifymall, and Fabmart, which have successfully integrated our trusted solution. Enjoy customised features such as SCM module integration, Escrow Account setup, and more, tailored to streamline your business operations.

The B2B Payment Gateway Services Online offers several benefits on the portal: it ensures instant and guaranteed funds, provides online confirmation, and enhances real-time risk management. It supports straight-through processing and automates reconciliation, significantly reducing mid and back-office operations. These features streamline transactions and improve efficiency. 

The B2B Payment Gateway benefits businesses by reducing delays. It offers instant funds for purchased goods and seamless transfers to your HDFC Bank Account. It boosts productivity through online fund confirmation and offers secure infrastructure backed by 24/7 support to ensure confidentiality and security. 

To apply for HDFC Bank’s B2B Payment Gateway: 

  • Visit their official website and select the ‘Business to Business Payment Gateway’ option. 

  • You will need to sign an agreement, open a specific account for fund credit, and build logic for the URL exchange between your portal and HDFC Bank.  

  • Ensure you have a NetBanking-enabled HDFC Bank account as an EPI User.

*The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.

Frequently Asked Questions

A B2B Payment Gateway service is a secure online system that helps businesses pay each other. It processes payments, ensuring money moves safely from one company's bank account to another, like a digital bridge for business transactions.

HDFC Bank’s EPI (External Interface) is the best payment method for B2B, offering seamless, secure, and real-time transfer of funds.

Yes, UPI can be used for the B2B payments suite. HDFC Bank’s SmartHub Vyapar allows customers to make direct payments to business Bank Accounts via UPI without the need for card processing or Merchant Discount Rates (MDR).