AccessPay vs Cashfree eNACH

AccessPay connects business finance and back-office systems to banks for payments, collections, and bank statement retrieval. It supports Bacs, Faster Payments, CHAPS, SWIFT, SEPA, and Direct Debit collections, and says it connects finance applications with more than 11,000 banks worldwide. ERP, payroll, and other back-office systems can connect through SWIFT, Host-to-Host, EBICS, sFTP, or API. Its file transformation engine handles formats including CSV, Standard18, and PAIN, as well as less common formats. Fraud and error controls include payment screening, beneficiary checking, sanctions screening, and Confirmation of Payee capabilities. Security measures listed include masked and encrypted transaction data, MFA or SSO login, user access controls, segregation of duties, and audit trails. The platform does not cap transaction count or value, though payment schemes may set their own value limits. Pricing is on request and depends on estimated annual transaction volumes, users, and required configurations and workflows. Initial setup carries a one-time professional services fee of 25%; bank fees are separate.

Cashfree eNACH automates periodic or recurring payments through debits from customer bank accounts. Cashfree says businesses can authorize auto-debits up to ₹1 Crore across 50+ banks supported by NPCI for e-Mandate registration. It states that mandate creation takes 24 hours and e-Mandates activate within 1 to 2 days. Merchants can retry failed payments, view subscription and payment reports in a dashboard, and import mandates from another payment provider. Checkout can use Cashfree’s page or a branded experience built with Seamless APIs. Third Party Validation checks whether an account is KYC-verified when a mandate is created. Cashfree lists e-commerce plugins and developer integration kits. The service supports domestic recurring payments, API access and mandate management. Cashfree says payment authentication and auto-debits follow current government guidelines and lists RBI Payment Aggregator Certificate No. 266/2025. Cashfree Payments India Private Limited has ISO/IEC 27001:2022 certification covering payment aggregator and payment service provider activities. Pricing is on request; the listed plan charges for mandate creation or per presentation, with a separate platform fee.