CORPORATEPAY: Business Payments Platform
CORPORATEPAY is a business payments platform developed by NCHL that allows the corporate and business customers of banks & financial institutions (BFIs) for initiating digital payments from their Bank accounts. It allows to process individual and bulk transactions using connectIPS (Real-Time) and NCHL-IPS (Non Real-Time) with all the necessary multi-user controls required for such business transactions.
How to Enroll ?

• The institution can self-register at https://corporatepay.connectips.com/#/login
• Then to enroll, contact your Relationship Manager or nearest branch of Kumari Bank.
• Provide duly filled enrollment form provided by Kumari Bank with the list of authorized users(Primary Contact, Initiator and Approver) and Board Minute for completing the enrollment.
• Bank will enroll in the system and the details will be sent through secured communication channel.
• System can be accessed through public network.

 Features

• Single channel for multi-banking and multi-accounts
• High value Payments
• Bulk payments
• Multi-user Authorization for Hierarchy Levels (Initiators & Approvers)
• Anytime Bank Statement
• Secured with Two-factor Authentication (Google Authenticator App)
• 24*7, 365 days payment via connectIPS (real-time) even on Holidays
• Easy transaction reports and reconciliation

Services

• Same Bank & Different Bank Fund Transfers
• Fund transfers through connectIPS (Real Time):
  • Same BFIs: Upto Rs 1 Crore
  • Different BFIs: Up to Rs. 20 Lakh
• Fund Transfers to different banks upto Rs. 20 Crore per Transaction  (Non Real-Time via NCHL-IPS)
• Salary Payments
• Vendor Payments
• Service Payments: Government Revenue (Tax), Department of Customs, Social Security Fund, CIT / Other
• Utility Payment

For more details, you can contact us at 01-5970499 or any of our nearest branches.