Cashfree eNACH vs GoCardless Bank Account Data

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.

GoCardless Bank Account Data is an API for businesses that need account details and transaction data from connected bank accounts. It connects through bank PSD2 APIs and can return account holder names, account identifiers, IBANs, transaction dates, counterparties, descriptions and amounts, plus current and available balances. It can retrieve up to 24 months of transaction history, with continuous access lasting up to 90 days. Data refreshes on demand, and responses use JSON. To connect, an end user chooses a supported financial institution, accepts a GoCardless-hosted consent screen and authenticates through the institution. API requests use an authorization token created with a Bank Account Data portal user secret. GoCardless provides a quickstart guide and instructions for importing the API schema into Postman. Availability is limited to EEA countries subject to PSD2 where GoCardless operates as an authorized AISP. Banks may restrict requests to as few as four calls per account per day. Account verification is available only to paying customers; new accounts are unverified by default. The service is paid, with pricing on request, and is available via API and web.