Atom supports payment through various Credit / Debit Cards.
IMPS - Inter Bank Mobile Payment Service
An initiative of National Payments Corporation of India (NPCI) that aims at creating affordable payment mechanism to benefit the common man across the nation.
It is very convenient facility that offers 24X7 instant interbank electronic fund transfer service.
Atom supports IMPS payment for P2M (Person to Merchant).
- Person to Merchant (P2M): is supported using MMID based mechanism where MMID and mobile number of the recipient acts as an identifier for transferring payment to the beneficiary account.
- MMID is a 7 digit number issued by a bank against an account linked to a mobile number.
Atom Net Banking channel provides 45 online payment options to its customer.
This includes over 18 Public Sector Banks and 25 Banks with TPV
As per RBI guidelines TPV or Third Party Validation is mandatory for broker, Asset management and Mutual Funds Company.
Many organizations like schools, hospitals prefer to accept payment through Challan.
Such payments are branch specific which causes problems to the customer who is residing away from the location thus consuming more time.
Atom Provides E-Challan to solve this problem.
By this service customer can now generate Challan online for merchants registered with atom.
Customer can then take printout of this Challan and make Payments through it.
Unlike usual Challan payments, making Payments through atom Challan is not branch specific.
NEFT / RTGS
(valid for all public/private and cooperative bank, right)
Virtual Account and IFSC code is displayed to customer to use it to complete a transaction
When Customer transfer funds through this Account No, Atom Updates the transaction Status and a settlement reports is also shared.
Third Party Validation
As per the RBI Guidelines it is essential for brokers, Asset Management Company and Mutual Funds provider to validate the transacting Account no. to carry out transactions.
Atom Does Third Party Validation for Brokers, Asset Management Company and Mutual Funds Provider.
Third Party Validation (TPV) validates the account number by which the transaction is done.
Atom does TPV through 29 banks.
Atom has introduced Multi-Card EMI solutions, in association with over 10 leading banks for tenures ranging from 3 to 24 months*. This will encourage and empower your customers to shop without having to worry about paying the bill on the spot, which in turn is sure to boost your business. Atom provides payment through EMI across all the channels – Point of Sale, Internet as well as IVR. With a plethora of options, atom is only payments services company that can provide it's merchants EMI payments options across channels.
Atom provides multibank EMI for the following banks- American Express, Axis Bank, Citi Bank, HDFC Bank, HSBC, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Standard Chartered Bank, State Bank of India and Yes Bank.