Easebuzz Neo is a comprehensive connected banking platform that combines traditional banking services with advanced financial automation tools. It provides businesses with a current account from YES BANK or IDFC FIRST BANK, enhanced with a full suite of APIs for payment collection, vendor disbursements, and expense management. The platform automates end-to-end financial operations, from accepting payments through 150+ modes to processing bulk payouts and managing business expenses through the integrated SmartX module. Neo eliminates the need for multiple financial tools by offering a unified solution that includes payment gateway services, automated reconciliation, Tally integration, and real-time transaction tracking, making it ideal for startups, SMEs, and large enterprises seeking streamlined financial management.

Key Features

Payment Collection Accept payments through multiple channels and methods.

• 150+ payment modes including cards, UPI, net banking, wallets
• GST-ready invoice generation with instant payment
• Payment links shareable via SMS, email, and WhatsApp
• UPI QR code-based collections and ePOS mobile app integration

Vendor Payout Management Streamline payments to suppliers and vendors.

• Bulk payout processing with beneficiary verification
• Multiple payout methods via IMPS, NEFT, RTGS, and UPI
• Payout links for easy payment disbursement
• Account holder detail verification for secure transfers

Expense Management with SmartX Digital management of business expenses and employee reimbursements.

• Prepaid card issuance with customizable spending limits
• Approval workflow management for reimbursements
• Automatic ledger maintenance and reconciliation
• Transaction tracking with detailed analytics

Automated Reconciliation Real-time financial data synchronization and reporting.

• Automated reconciliation for both pay-ins and pay-outs
• Real-time transaction status updates and visibility
• Integration with Tally for seamless invoice management
• Smart account statements for comprehensive financial tracking

Recurring Payment Management Handle subscription and recurring payment collections.

• eNACH mandates and UPI 2.0 auto-debit functionality
• Subscription-based payment automation
• Automated payment reminders and notifications

Benefits

Operational Efficiency Streamline all financial operations through a single platform.

• Eliminate need for multiple banking and payment tools
• Reduce manual intervention in financial processes
• Centralized management of all financial activities

Enhanced Cash Flow Management Improve liquidity and financial predictability.

• Faster payment collection through multiple modes
• Instant refund processing capabilities
• Real-time visibility into financial position

Cost Optimization Reduce operational costs and infrastructure requirements.

• Single platform for multiple financial services
• Automated processes reduce manual labor costs
• Integrated solutions eliminate multiple vendor relationships

Scalability Grow financial operations without operational bottlenecks.

• API-driven architecture supports business growth
• Handles increasing transaction volumes seamlessly
• Flexible integration with existing business systems