Cashfree eNACH vs SlimPay

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.

SlimPay helps businesses automate recurring payment collection through account-to-account payments, direct debits, and open banking services. It supports subscription and invoice payments, along with direct-debit payment method updates. Customers can sign SEPA mandates digitally using a checkbox or one-time password. Supported schemes include SEPA Direct Debit CORE, SEPA Direct Debit B2B, and SEPA Credit Transfer; the service handles euro direct debits and credit transfers for countries within the SEPA jurisdictional scope. Merchants can integrate through a REST API or use File Transfer for batch processing. Checkout can be added to websites and mobile applications using pop-in, redirection, or iFrame options. Payment management is available through a Dashboard, API, or file transfer interface, and failed direct debits can be retried manually or automatically. SlimPay says it is authorized and supervised by France’s ACPR as a payment institution and that its servers are in the European Union with Amazon Web Services. Pricing is available on request, and production accounts require validated pre-production tests and completed KYC.