Overview

EnKash Connected Banking lets businesses link their existing bank accounts to a single dashboard so they can initiate payouts directly from those accounts without loading a wallet. The service provides real-time balance visibility, supports 24x7 rails (UPI/IMPS/NEFT/RTGS), automates fetching reconciliation files and routing payments securely through the linked banks, and adds smart routing and account-selection logic to minimize failed transactions while keeping funds in the customer’s bank accounts. The capability is built to scale from startups to enterprise customers and includes human support and enterprise pricing/management options.

Features and Capabilities

• How it works: Link your bank accounts to view balances and initiate payouts instantly; the platform routes payments securely through your bank and tracks payout status in real time.
• Core payout features: Initiate payouts directly from connected bank accounts without wallet loading — reduces operational delays and removes the need to top up a separate balance.
• Multi-bank management: Link multiple bank accounts across different banks in a single dashboard to distribute payout load, reduce single-bank dependency, and improve liquidity management.
• 24x7 payment rails: Support for around-the-clock payment rails (UPI, IMPS, NEFT, RTGS) so vendors/employees can be paid any time — nights, weekends, holidays.
• Real-time visibility: Up-to-date balance visibility across linked accounts to inform payout decisions and avoid failed transfers due to insufficient funds.
• Automated reconciliation: Automatic fetch of bank reconciliation files and automation of matching flows to reduce manual downloads and spreadsheet work; provides audit-ready transaction history.
• Smart routing & rules: Intelligent account selection and routing based on pre-set rules and available balances to maximize fund utilization and avoid failed payments.
• Security & compliance: Bank-grade encryption and adherence to required compliance; funds remain in the customer’s bank accounts (EnKash acts as the routing/automation layer, not a custodian).
• Enterprise readiness & support: Custom pricing, early feature access, dedicated account management, and human-first support via WhatsApp, email or phone.