RocketPay Collections is a recurring payment collections software solution that helps NBFCs, microfinance institutions, credit cooperatives, distributors, and SaaS businesses automate mandate-based payment collection via UPI Autopay and eNACH rails in India. The platform enables businesses to create, manage, and track payment mandates across the full collection lifecycle — from mandate setup and customer authorisation through scheduled debits, failed payment recovery, retry scheduling, and final settlement. Unlike standard payment gateways that handle only the transaction layer, RocketPay Collections provides the mandate management and workflow intelligence layer on top, including configurable debit timing, and non-cancellable UPI mandate support built specifically for lending use cases. RocketPay Collections is used across loan EMI recovery, deposit collections, trade credit collections, and subscription billing workflows. Core capabilities: UPI Autopay and eNACH mandate creation via REST API, Android app, or Tally plugin Smart retry scheduling — reschedule failed debits to any future date from the dashboard or API Non-cancellable UPI mandates and custom penalty automation on failed debits Variable amount mandate support for progressive EMIs and custom repayment schedules Platform and integration: Bring Your Own PSP — works on top of existing Razorpay, Cashfree, or bank eNACH credentials without switching providers Tally plugin for trade and MSME operators T+1 settlement on all successful collections Dedicated account manager and 24x7 support included for all accounts Founded in 2022 and headquartered in Bengaluru, RocketPay was the first company in India. RocketPay Collections has processed over ₹5,000 crore in recurring collections across 1.2 crore+ transactions for lenders and businesses across India. Businesses go live within 48 hours of onboarding. Compliance & Infrastructure - Operates on NPCI's UPI Autopay and eNACH rails - RBI-compliant mandate infrastructure - Mandatory pre-debit notifications sent automatically (24 hours in advance, no setup required) - Business KYC/KYB at onboarding