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Recurring payments solution for businesses in India.
LotusPay was acquired by Juspay in Jan 2024. LotusPay is the recurring payments solution for businesses in India. We enable our clients to quickly and easily collect payments directly from their user's bank accounts via paperless NACH Debit. LotusPay is perfect for collecting loan repayments, membership fees, subscription and billing, recurring donations, tuition fees - any kind of regular or irregular payment, be it a fixed amount or variable amount. LotusPay is backed by Y Combinator.
LotusPay offers an eNACH-based recurring payments platform for businesses in India, enabling setup, authorization, and automated collection with real-time tracking and same-day settlements. The service focuses on mandate creation, authorization, and automated collections across multiple industries, with bank-grade security and a real-time dashboard.
The product enables flexible mandate creation (fixed, variable, or ad-hoc), secure customer authorization via branded links, and automated collections that are debited on schedule and settled the same day. It provides an all-in-one dashboard and API for managing mandates, payments, and settlements in real time, with bank-grade encryption and sponsor bank integration. Features include flexible mandate plans, branded customer journeys, auto-debit collections, real-time updates via email/webhook, white-label payment pages, and integration with NPCI payments network.
Who it’s for: Businesses in India that require recurring payments across sectors (finance, lending, insurance, healthcare, education, SaaS, technology, investments) seeking automated, on-time collections via eNACH mandates.
pricing page and product details indicate active offering with multiple pricing plans and enterprise/partner capabilities; mentions of onboarding/integration support and customer-facing features suggest traction and ongoing development
3x Founder based in Bangalore, India. Currently building Inkle (www.inkle.ai), a tax & accounting automation product for US startups (used by more than 5% of all YC companies). Feel free to reach out any time if you need US tax/books/compliance help.
Next-gen digital payments provider for India.
India's only full-stack financial solutions company for businesses.
