The solution enables identification of remitter information for RTGS/NEFT/IMPS payments. Inward transactions to virtual accounts (domestic and foreign transactions) will assist in segregating cash flow at a different business unit or at a product line level. Credit to customer’s account will be only for validated transactions, which will follow with MIS inclusive of the remitter details.


Features &

Features & Benefits

  • imgCredit to single/multiple account
  • imgIdentification of remitter
  • imgReconciliation of voluminous transactions
  • imgValidation of transactions through offline data maintained with Axis Bank or online through Host-to-Host (API) integration with client web service
  • imgValidation of transaction at multiple level codes
  • imgParking account feature for validation failed/timeout cases
  • imgCustomised reverse feed via email/SFTP/API
  • imgMIS dispatch at customised frequency
  • imgSAP integration
  • imgDedicated IFSC based processing
  • MIS will be auto triggered to the corporate which will ease out the reconciliation process and improve transaction inflow efficiency.

How it works?

Register with Axis Bank to avail of Power eColl – Virtual account based collection that works best for you
For offline validation, master data will be maintained with Axis Bank
Remitter will initiate transaction to virtual account & specified IFSC
Under offline solution, transaction will be validated with the master data maintained with Axis Bank. Under online solution, transaction details will be sent to client via API for validation.
Transactions validated successfully will be credited to client’s account. Failed transactions will be returned to Remitter
Reverse feed will be dispatched to client via Email/SFTP/API

Fee &

Fee & Charges

  • Minimal on-boarding charges
  • Transaction based charges

Value Added

Value Added Service

  • Multi-level validation


  • Exceptional credit for validation failed transactions & timeout cases

  • Customized MIS

Related Products



CMS application form and Power Ecoll form

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